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The price of raw materials has fallen, and the rubber additives market is in a wait-and-see state

The price of raw materials has fallen, and the rubber additives market is in a wait-and-see state

It is understood that from the statistics of the whole industry, in the first half of 2020, the rubber additives industry is in a difficult situation, especially the price of products has fallen severely; in the second half of the year, with the expansion of market demand, the overall operation has improved significantly, even in December. Operating at full load, the industry's overall efficiency rebounded rapidly.

Due to the low base last year, and the industry's production and sales situation in the first quarter of this year continued to increase at the end of last year, the increase was relatively large. The first quarterly report of Yanggu Huatai disclosed that in the first quarter, the company's orders were saturated, the production line was at full capacity, and its operating income was 589 million yuan, an increase of 44.30% year-on-year (the same below); the net profit attributable to shareholders of listed companies was 88.625 million yuan, an increase of 1719.56%. But in 2020, Yanggu Huatai's total operating income was 1.943 billion yuan, a decrease of 3.52%; the net profit attributable to shareholders of listed companies was 126 million yuan, a decrease of 31.77%. Therefore, from the data of listed companies, it is expected that the overall situation of the rubber additives industry this year will be better than that of the previous year.

According to statistics from the China Rubber Industry Association, from January to February, member companies achieved sales revenue of 3.635 billion yuan, an increase of 33.42%; the total output of rubber additives was 225,800 tons, an increase of 35.32%; the export delivery value increased by 46.51%, and the export rate (value ) 29.37%, an increase of 2.62 percentage points.

Relevant analysis believes that this year my country's economy will show a trend of "high in the front and low in the next, and down quarter by quarter". Therefore, rubber additives companies believe that the industry outlook will also tend to stabilize. At the same time, companies also reflect that under the situation of increasing market uncertainties and increasing risks, user companies should not always think of reducing the price of raw materials to obtain profits, but should ask for profits from the market, and they should cultivate suppliers and form strategic partnerships. , To achieve win-win development.

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Fuzhou Jing’An Rubber Products Co., Ltd.

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