Metallurgy / Chemicals / Rubber & Plastics

On August 29, the 10th Fourth Council Meeting of the Rubber Additives Professional Committee of China Rubber Industry Association was held in Qingdao, with more than 30 council representatives attending.

It was learned from the meeting that the total industrial output value of China's rubber additives from January to July increased by 24.41% year-on-year (the same below), and the sales revenue increased by 19.06%. The total output decreased by 3.16%, of which the output of accelerator increased by 5.36%, and the output of antioxidant decreased by 5.33%.

The export market was the highlight of the year. In terms of product exports, except that the export volume in February was less than 30,000 tons due to the Spring Festival, the export volume in the rest of the months remained at around 32,000 tons, and the export delivery volume in the first seven months increased by 7.23%. The export delivery value increased by 40.73%, of which the export value in June exceeded 1 billion yuan, a record high.

Judging from the current export situation, the momentum is still relatively strong, and the annual export delivery value is expected to exceed 10 billion yuan.

On the other hand, the domestic market demand this year is in sharp contrast with the export market. The low operating rate of domestic all-steel tires, few orders, and difficult shipments have made rubber additives companies fall into vicious competition at low prices.

Affected by the sharp rise in raw materials, except for the anti-aging agent 6PPD and anti-scorch agent CTP, the rest of the rubber auxiliary products are in a state of low profit, especially the insoluble sulfur products, which are operating at a loss.