The hottest styrene butadiene rubber market is har

2022-09-28
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It is difficult to see the dawn of the SBR Market in the short term

"since the second half of the year, the SBR market has hit new lows in a row, and the cost inversion once reached more than 1000 yuan per ton. Compared with the hot market last year, the price per ton fell by more than 10000 yuan, and the cost inversion has improved slightly since September, but the price has been hovering at a low level." Director Zhu of PetroChina Northeast sales company made such an analysis of the styrene butadiene rubber market. "The depression of downstream tire and other industries is the main reason why the current market is mired in the mire. At present, unless there is a special positive, the styrene butadiene market is difficult to make a big improvement under the heavy pressure of low demand and high inventory." Manager Wang of Jilin Shuntong tire company expressed the same view

at present, the survival situation of the tire industry is poor, especially for small and medium-sized enterprises. Internationally, the lingering haze of the European debt crisis, the sluggish growth of major developed economies, the rampant trade protectionism in various forms, and the priority of political interests in the election year have increased the arduousness, complexity and uncertainty of global economic growth in 2012. Domestically, there are also many uncertain factors affecting the stable economic growth. The industry is facing multiple pressures such as slowing market growth, overcapacity, significantly slowing export growth, and tight corporate funds

the latest data shows that after the further slowdown of the growth rate of the tire industry last year, the growth rate of China's rubber industry has fallen to less than 10%, while the growth rate in the past has been between 20% and 30%. The main reason is overcapacity. China's tire production accounts for only 1/3 of the world's total production, but the number of enterprises exceeds 1/2. At present, it is reasonable that the operating rate of production enterprises is seriously insufficient and the sales pressure is unprecedented

"the expiration of the three-year U.S. special tire warranty measures against China is a blessing for China's tire exports. Previously, the volume of tire exports and seals was changing, but the United States basically stagnated. In 2010 and 2011, the export volume to the United States fell to 31 million and 27.3 million respectively, with a maximum of 35% punitive tariffs, which swallowed up the interests of manufacturers." Said manager Zhang of Jilin Tianyuan tire trading company. The understanding of Shandong, Xiamen and other tire enterprises that can carry out performance testing and mechanical identification of stretching, tightening, twisting, pulling out and other projects confirms this statement. With the help of the east wind of the expiration of the special tire warranty, some enterprises are increasing production efforts and striving to regain the lost market share

however, this positive effect has not yet appeared. Another bad news came: the EU will implement the labeling law from November, which requires all Member States to unify tire labels, which must indicate three values: rolling resistance, wet grip and external rolling noise

"China's tires 36 need to pass a series of performance tests when new products are developed.% can't reach the EU tire labeling method. The advantages of our tensile testing machine servo control software are as follows: the first stage standard, 50% can't reach the second stage standard of the EU tire labeling method. Therefore, it is difficult to export tires." Manager Zhang is full of anxiety about this

70% of styrene butadiene rubber is used in the production of tires. The tire industry dominates the market trend of styrene butadiene rubber. In the short term, it is difficult for tire production to improve, which weakens the rising momentum of styrene butadiene rubber market

at the same time, the weak support of raw materials is also an important reason for the weakness of SBR Market. After the butadiene price of Panjin Ethylene Company was reduced by 700 yuan per ton to 15510 yuan last week, the butadiene market has continued to decline. With the continuous release of low-priced goods, downstream companies have held money to wait and see in order to avoid market risks, and their enthusiasm to enter the market has been greatly reduced. Traders are also worried about the future market, which may continue to be weak. After a small rise in styrene after the national day, the price quickly corrected, and the downstream EPS production enterprises suffered large losses. They postponed procurement one after another, and even some factories in Jiangsu temporarily stopped to cope with high cost pressure. In the medium and long term, the demand side will dominate and the price will show a downward trend

OECD predicts that China's GDP will grow by 8.5% next year. At present, the automobile industry is in recession, especially in September, due to the drag of Japanese cars, the domestic automobile production and sales fell by 1.8% year-on-year, which also put pressure on the styrene butadiene rubber market. The China Association of automobile manufacturers predicts that the growth rate of China's automobile sales next year is likely to be the lowest in 13 years. As the upstream of the automobile industry, the tire industry is not immune. In this process, the survival of the fittest and the tide will become inevitable

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