1 years of natural rubber prices rose over 1 times the downstream tire industry was forced to follow up
2017-02-16 09:16 Click 182 times [ large in Small ] Gade Chemical Network

[hot] Gade chemical network daily According to statistics, in February 13th the natural rubber spot price 20600 yuan / ton (Shanghai state full latex), compared to 2016 rose 112.4% over the same period, compared with the price in mid January 2016, the lowest rate is 120.3%, this round of price hikes in the natural rubber industry can be described as a “welcome rain after a long drought”.

Natural rubber and synthetic rubber prices makes the downstream tire industry could not carry the pressure of “Qi Qi call up.

Since the end of November last year, the domestic tire manufacturers have issued a price adjustment notice. Chung Petrochemical tire industry analyst Wang Kaifu told reporters, from November 2016 to February this year, the domestic tire price increases 10%~25% in total, but the tire enterprise price increases or not material gains, mainly because manufacturers worry about sales affected by.

An insider of a domestic tire listed company told reporters, tire prices the nominal and actual prices, nominal prices could rise up to 45%, but in order to keep the market share, vendors may have some promotion policy.”

Rubber prices continued to rise

In fact, natural rubber prices began to rise from the fourth quarter of 2016. Domestic companies listed on the Hainan natural rubber rubber (601118, SH) recently released results Yuying notice that the operating results are expected in 2016 the company achieved turnaround, performance has improved, the reasons including the 2016 natural rubber prices rose nearly 100%. Hainan rubber said, in the domestic economic recovery driven by the downstream tire factory operating rate throughout the year are maintained at a high level, strong demand for rubber, rubber prices rose sharply.

This year the price of natural rubber still maintain the rally. Www natural rubber industry analyst Wu Weiru told the “daily economic news” reporter said, the price of the reasons is at the beginning of January this year the world’s largest rubber producer of Thailand suffered flooding caused by natural rubber supply shortage, and terminal heavy truck production and sales data is strong. In addition, alternative synthetic rubber prices continued to rise also pulled the natural rubber price.

According to monitoring, in February 13th the domestic synthetic rubber factory price is 23900 yuan / ton, the market price of 24200~24500 yuan / ton, the market continued to rise. In January this year, the futures market is the recent rubber from speculation, because the spot price of natural rubber pulled. Investors are regarded as Asia rubber price index of the Tokyo Mercantile Exchange rubber futures price in January this year, soaring 26%, the biggest monthly gain since 1990. Shanghai futures exchange data show that in February 13th HuJiao main (RUM) to close at 22005 yuan / ton, or up to 5.51% single day.

Only 3 billion of precipitation funds from 2016 to the main contract, the main contract 5 billion 900 million huge precipitation funds, pools of capital increase, reflecting the speculation enthusiasm warming rubber.” Wu Weiru said. Wu Weiru said preliminary judgment 2017 natural rubber market for high to low trend, the overall price of the focus continues to rise, showing the whole Manniu market.

With the rise of tire enterprises