The hottest natural rubber price rise is good for

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The long-term rise in natural rubber prices is good for advantageous tire enterprises

recently, the association of global natural rubber producers (ANRPC) said that the supply of natural rubber will be tight in the next few years. Kyodo News Agency reported that both Bridgestone and Michelin, the tire giants, said they would increase the shipment prices of truck and bus tires in Japan by 10% from September. The price of domestic tires has increased, ranging from tens of yuan to hundreds of yuan


1 The output of natural rubber will not keep up with the demand for a long time:

according to the data of the association of natural rubber producers worldwide, the total output of the members of the association of natural rubber producers, whose supply accounts for 92% of the world, will reach 10.3 million tons next year. By 2015 and 2020, it is expected to rise to 12million tons and 14.4 million tons respectively. With the expansion of demand in China and other emerging market countries, the demand for natural rubber will reach 15.4 million tons by 2020, and the gap of natural rubber will be about 1 million tons

2. In the long run, it will be beneficial to advantageous tire enterprises:

Natural Rubber accounts for about 30% of the tire production cost. For the price rise of natural rubber, on the one hand, large tire manufacturers purchase rubber raw materials on an annual basis, so the price rise will be less than the market increase. On the other hand, large manufacturers produce with scale effect, so the impact of raw material rise on their product cost will be less than that of small and medium-sized manufacturers. In addition, there is a buffer period between raw material prices and tire prices, and small-scale manufacturers are likely to face the situation of capital chain rupture and bankruptcy. Therefore, due to the existence of these problems, China's plastic machinery industry cannot meet the level of foreign plastic machinery as soon as possible. They believe that this, especially for a country like us with a large number of enterprises, the rise in the price of natural rubber will have an impact on the pattern of the tire industry. A number of small and medium-sized tire enterprises will be eliminated from the market, while the size and market share of advantageous enterprises will be increased, and the ability to control tire prices will also be enhanced. Therefore, we are optimistic about Fengshen shares, which have the advantages of scale and cost control

use the flexural yield strength instead of the flexural strength

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