According to the International Rubber Study Group (IRSG) forecast this year due to the stock is still adequate for the 2005 World rubber consumption will maintain a high growth rate, and Synthetic growth will slow down. Next year will further reduce the amount of reserves, in 2006 will increase the pressure on the market. At present, the Chinese rubber consumption than the United States, about 1,000,000 tons more than in Japan more than 2,100,000 tons, the highest in the world rubber consumption of the 10 top countries. China is the world's rubber consumption market of a large force.
At present, the world's natural rubber plantation area of 10,000,000 hectares, with an average yield per unit area reached 0.86 tons, close to a record high. China Natural Rubber average yield per unit area nearly 1 metric ton, higher than the world average. Synthetic global production capacity of 12,520,000 tons, capacity utilization has been as high as 95.6 percent, over the years has not appeared in over the period running high. China Synthetic main production equipment production capacity of about 120 million tons, while domestic enterprises are in the vast majority of Synthetic overload, the operation of the state of saturation. As a result of natural rubber to go through 4 to 6 years to grow into a plastic, Synthetic new 100,000-ton annual capacity plant needs 2 to 3 years, together with recent years due to abnormal weather disasters, frequent changes in the natural rubber production Unpredictable; the shortage of raw materials, soaring oil prices, so that the production of Synthetic trouble, so supply and demand have become increasingly conspicuous.
China's natural rubber producing areas experienced rare drought and typhoons, natural rubber output in the first half of only 180,000 tons, it is estimated that annual production will be reduced to 500,000 tons from top to bottom. Synthetic by increases in oil prices and raw material shortage severely affected production in the first half and only 777,000 tons, down 14 percent year-on-year, output for the whole year is expected to 1,600,000 tons. However, Chinese rubber consumption in 2005 is expected to reach 4,500,000 tons, an increase of 11% over the previous year, suppliers will become more tense. In the first half of this year, China imported 1,155,000 tons of rubber, rubber self-sufficiency rate of the year may drop 40%. It is estimated that the global rubber consumption to increase by 810,000 tons, of which China will account for 430,000 tons.
As a result, the shortage of raw rubber has become more and more Chinese rubber industry development constraints. At the same time, as China's rubber products, including shoes, tires and industrial rubber products, such as a sharp increase in export volume, frequent trade friction, many of the international anti-dumping case, tariff barriers, trade restrictions continued, and extension to expand the development of China's rubber industry Mode has been very difficult How to change the mode of production, Chinese rubber industry is a major task.
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