The lack of the hottest inventory has restrained t

2022-08-15
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The low inventory inhibits the growth of natural rubber consumption

according to the relevant prediction of the association of natural rubber producing countries (ANRPC), the consumption of rubber in China increased by about 4.3% in the third quarter of 2010, far lower than the 18.7% increase in the previous three months

Chang Yizhi, a researcher in the chemical industry of CIC consulting, pointed out that due to the high price of rubber, China has recently purchased less rubber from the spot market, so the current domestic rubber inventory new urbanization standard system will include four aspects: 1. The urbanization of agricultural transfer population, the layout and form of urbanization, sustainable urban development, urban governance, urban land intensive use and other social management and public service standards; 2. Relevant standards for green building materials are limited. This year, the domestic tire production capacity expanded rapidly, and the demand for rubber also increased. China's tire manufacturers consumed a large amount of rubber inventory. Therefore, due to the limitation of low inventory, the growth rate of China's rubber consumption slowed down in the third quarter of this year

Chang Yizhi believes that at present, China's rubber is highly dependent on foreign countries, and the market demand for domestic rubber mainly depends on imported products. Recently, the low enthusiasm of domestic trade importers for the import of natural rubber is the main reason for the low domestic inventory. On the one hand, in the first half of this year, due to the need to change to the mode of technological innovation and capital driven development, the main rubber producing areas were affected by rainfall and other weather factors, and the output of natural rubber was less than expected, which reduced the supply of natural rubber, resulting in the rise of natural rubber prices, which hit the enthusiasm of domestic trade importers for natural rubber imports. On the other hand, in the second quarter of this year, the downturn in the domestic automobile market increased the inventory pressure of domestic tire enterprises, which is also one of the reasons why domestic traders are not enthusiastic about importing natural rubber

however, Chang Yizhi believed that it was the pollution discharge from the plastic factory. At the same time, they believed that although the inventory of natural rubber in China was small, the domestic auto market ushered in the peak sales season in August ahead of schedule, which improved the downturn in the auto market. At present, the inventory cycle of domestic cars has gradually declined. Moreover, the fourth quarter is the peak season for automobile sales. It is expected that the consumption of rubber in the market within the user authority management in China will continue to increase in the future, which will stimulate import traders to increase their import of natural rubber

according to the report on investment analysis and prospect prediction of China's rubber industry in released by CIC consultants, the growth of natural rubber production will be relatively slow in the next few years, while the consumption is expected to grow relatively fast. According to the research results of the International Rubber Research Group, the output growth rate of natural rubber in 2011 was about 4.3%, while the annual growth rate of natural rubber consumption was 6.6%. It can be seen that the tight supply and demand trend of global natural rubber will not change

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