Chinese demand pushing up prices of plastic marked on the 20th

At present, the market's focus from the main producing countries Thailand to the world's second largest rubber producers Indonesia, Indonesia and rubber mainstream kinds of plastic marked on the 20th of last week's surge is the world's rubber rise again to restore the most fundamental causes. At the same time, due to the marked rise in demand caused prices to start really.

Since late August, Indonesia on the 20th marked the start of the main rubber from China's consumption is set to promote the positive. Domestic large enterprises due to the production of tires to the pressure of demand for raw materials, make up a large number of libraries lead to a substantial increase in procurement volume in a short span of two weeks, marked on the 20th round of adjustment of the plastic from a low of 1410 U.S. dollars to the current rapid rise 1560 U.S. dollars / ton. Thailand's second-largest exporter to the Group of Dong poem, with its export of Chinese rubber gradually increased its raw materials continued to fill the Treasury market, but also become the main raw material prices due to the chain.

It is clear that the current round of the start-up rubber prices is directly caused by the demand. Indonesian rubber with an annual output of 2,100,000 tons, is now its leaves in winter, only the normal production level of 70% or 30%, will be continued until late September to early October tapping and then gradually returned to normal. As a result, a large number of Chinese consumer buying intervention, in September will continue to push up the formation of 20 plastic marked where the main driving force.

The trade buying firms in the Sept. active in the international market, I believe that with the traditional mid-year production can not be separated from the peak, at the same time Jiaojia up for the lack of preparation also lead to domestic use of plastic in particular, a number of large-scale tire manufacturers, not Be able to fully grasp in August Jiaojia callback stage in the process of fully stocked as a result. By the end of August in a new round of price increases after the restart, enterprises must maintain production and procurement of raw materials under the pressure of buying on a large scale, thus the renewed rise in China Jiaojia buying the participation of a large number of further speed up the rate of increase.

20 S-impact plastic pricing

At present, China's imports of plastic marked on the 20th, mainly from Thailand, Indonesia and Malaysia. Thai one on the 20th due to the marked price is too high to the latest offer has risen 1650 U.S. dollars / ton, and most of the reduction was due to the long-term contract manufacturers in Europe and America take the set can not supply the Chinese market, and the plastic horse on the 20th was also similar Issue price positioning on the high side in the Indonesian rubber 20. Therefore China's enterprises to use plastic, the most significant purchases in Indonesia is 20 standard plastic. The import of the way, is currently processing, feed processing methods, at the same time to 5% of the adhesive in the form of import tariff is also a major way. For the time being, suitable for current delivery of the Shanghai Futures Exchange on the 5th standard plastic, plastic Indonesia on the 20th marked a greater impact on the price positioning, and at the same time delivery of complex 3 Yan Pianjiao due to the 20% import tariff as well as the high price Therefore Hujiao futures for delivery does not have the actual operation. As a result, although the 20 standard plastic does not have to delivery, but the price positioning of its profound impact on the domestic mainstream types of glue on the 5th standard rubber price positioning, according to the latest 1600 U.S. dollars equivalent, in accordance with a more realistic 5% tariff adhesive At present, the cost of its market price is 16,350 yuan / ton, so it is still maintained at 16,100 yuan / ton in the vicinity of the domestic rubber-producing areas 5 standard price is bound to play a positive role in boosting.