In 2009 the world's supply of natural rubber fell 5.1%, planted area increased

January 25 news, natural rubber producing countries (ANRPC) Monday released a preliminary estimate shows that in 2009 the world's supply of natural rubber fell about 5.1%, as yields drop and adverse weather. In addition to China and Vietnam, all the main producing countries of the output is displayed as an average annual decline in 2009. However, Thailand in December, and Indonesia in November and 12 months of production data has not yet been. ANRPC said Thailand's rubber production during the period from January to November forecast for the same period in 2008 fell compared with 4%. Production in Indonesia from January to October fell 5.9% year on year. Malaysia's 2009 annual production fell 2%, India's production fell 7.3%. The global economic recession led to a drop in demand during the first half of 2009 also dealt a blow farmers to produce more rubber. Indonesia's natural rubber exports during the period from January to October fell 17%. China's rubber output in 2009 increased 18%, since the rebound after the 2008 drought, while Vietnam production increased by 9.7%. China's rubber output or increase the effective area of 25,000 hectares, 23,000 hectares in Vietnam to increase. The overall decline in global production was mainly due to decreased yields, although the effective area than the 2008 crop of 7 million hectares to 7.13 million expansion, with an average yield from 1,304 kg per hectare, down to 1,219 kg. Thailand's initial estimate of 2009 output fell 6.1%, due to an annual yield from 1,698 kg per hectare, down to 1,576 kg. Expand the area of natural rubber planting 21,000 hectares can not be completely offset the decline in yields. In Indonesia, the average annual rate from 994 kilograms per hectare, down to 937 kilograms. Planted area of about a slight increase of 1,000 hectares. Malaysia's natural rubber in 2009 an area of 20,000 hectares shrinking, yield from 1,411 kg per hectare, down to 1,128 kg. India's average annual production rate from 1,903 kg per hectare, down to 1,753 kg. A slight increase in rubber cultivation in 3,000 hectares.

India will not join the three rubber Council to control the supply of

India Rubber by the Secretary Sajen Peter said that although the country received the invitation, but it would not join the three rubber Council (ITRC) to take joint action to control the supply. India is the world's fourth largest natural rubber producer. India in 2009 produced a total of 817,000 tons of natural rubber, the export volume of 1.6 million tons, its three rubber Council (ITRC) of the impact will increase. India and China, together with the members of ITRC is the world's largest rubber producing countries ---- Association of Natural Rubber Producing Countries (ANRPC) a member of the organization's 2008 annual output accounts for 94% of the world. Indian rubber industry executives point out, ANRPC One of the main objectives is to improve the productivity of natural rubber, but it does not control the global market, supply of raw materials. Peter said that the world's fifth largest producer of natural rubber in Vietnam in January to join ---- ITRC may not bring the world's supply was reduced, because the majority of member states rely on small-scale rubber farmers, they are difficult to hold a long rubber. When the weak global demand in 2008 caused TOCOM rubber futures fell to around 100 yen per kilogram, when, ITRC to intervene and in 2009 to reduce 700,000 tons for export. Then the price gradually rose, but the result of an immediate impact is limited, because of Vietnam and other countries continue to export. Peter that the price of natural rubber will remain steady in the coming months may be higher, due to global supply shortages, but not Vietnam's accession to ITRC. In addition, the restrictions on the supply is not a good idea. ANRPC was in January, said in 2009 the world's natural rubber supply by about 5.1%, due to the low yield and bad weather.

Thailand's rubber industry will expand automobile tire market

House of Thai Industries, such as Sa Pa Vice-Chairman pointed out that Thailand is the world's largest rubber exporting countries, exports in 2010 will grow 10%, valued at 5,000 million baht. Court set a target of Thai Industries will work with Malaysia, Indonesia and Vietnam, competition, forecast the next 5 years to increase rubber exports to 8,000-9,000 million baht, will focus on enhancing the export value of Thailand's rubber exports of raw materials due to the current the proportion of 88%, only 12% of rubber processed products, export value totaled 1,500 million baht. Export of rubber and bakelite Payom Chairman of the Committee said that the next five years to increase rubber export processed the target is to raise the ratio of one-fold, from 12% to 24%, will promote the export value of rubber processed 1,600 since 2010 on the basis of 100 million baht to add a fold. To this end, Thailand will have the technology to draw foreign investors in the investment and rubber processing industry, such as the production of tires, many foreign companies are already stationed in Thailand, and in the future to attract more investors to enter. The current global annual demand for tires up to 1.1 billion, Thailand, only 2% of production tires, if they can effectively expand the market, will enable a substantial increase in rubber industry revenues. The Government must develop the right investment promotion policies, including improving the investment climate, reduce investment barriers and explicitly modify the tax law, in particular, the parent company in Thailand on overseas investment. Meanwhile, the Commerce Department's price control policy is also very important, and sometimes there is no need to force the intervention price, especially in a case of many manufacturers, as well as imported goods to compete, it should be a laissez-faire market mechanisms. In addition, processed for the rubber industry, the Government need to provide assistance in order to enable small and medium enterprises (SME) and steady development. In addition to focus on export production of tires, the Thai Industrial Court has set the target to increase exports of rubber gloves, over Malaysia's export figures.

World Trade Organization set up the Group of Experts investigating the case of special safeguard tire

The World Trade Organization on the 19th to set up a group of experts to investigate and determine the U.S. safeguard measures on China tire breach trade rules. The Expert Group was the day of the WTO dispute settlement body set up a meeting. The Chinese delegation at the meeting reiterated that the United States, the so-called special safeguard measures to the lack of factual basis in violation of its WTO obligations, a departure from the 20 leaders of the Group reached a consensus to oppose trade protectionism. Last year, in September, the U.S. government announced that cars imported from China and light truck tires the three-year punitive tariffs, that is 4% tariff on the basis of the original three-year, respectively, to levy 35%, 30% and 25% of the additional tariffs. The Chinese government subsequently launched a WTO dispute settlement case procedures in unsuccessful negotiations with the U.S. situation, the Chinese side started the dispute settlement procedures of the second step, which called for the establishment of expert groups. It is reported that members of the Group is in place, it will take at least six months time to complete the case and publish the ruling.

Natural rubber, PTA, LLDPE prices in 2009 will continue to bottom on the road

Natural rubber, Zhengzhou PTA, Dalian LLDPE in 2008, international crude oil driven by the impact has gone through a massive market prices fall. Analysts pointed out that the 2009 oil shock weak global economic recession, the lower demand and will lead to natural rubber, PTA, LLDPE continued downward.
As the synthetic rubber, PTA (purified terephthalic acid), LLDPE (linear low density polyethylene) are the downstream oil products and crude oil have had a significant impact on their movements. In 2008 in the first half of WTI (West Texas light crude oil) prices from the beginning of a minimum of 85 U.S. dollars / barrel in the vicinity of shock all the way up to mid-July when the highest detection on U.S. 147 / barrel, up 73%, Shanghai's natural rubber price Up nearly 10,000 yuan / ton, or nearly 50%; Zhengzhou PTA from about 7000 yuan / ton up to a maximum of 9900 yuan / ton in the vicinity. Then the U.S. financial crisis, oil prices continued to fall to the lowest in mid-December to test a low near 35 U.S. dollars, Hu Jiao, PTA, LLDPE decline by 67%, respectively, 60%, 50%.
Analysis of the 2008 annual natural rubber, PTA, LLDPE trend can be seen: the global economy early in 2008 continued the pace of growth, inflation, inflation in the first half of the global economy is facing major problems, the continued depreciation of the dollar is also boosting the prices of goods Rising. In the meantime, the use of natural rubber to open the season cut delays, lack of inventory; Zhengzhou use of the PTA and the trend of crude oil to the tent after the earthquake, fiber, cotton and textile products have high demand; Dalian LLDPE film with seasonal agricultural production of the season, and other topics are under the speculation out of the A big round of the bull market.
However, to enter the second half of 2008, with the U.S. financial crisis threaten the outbreak of the real economy to the development of the global economy into recession in the mire. In this context, as represented by crude oil commodity prices within a short span of six months staged an unprecedented collapse of the market. Despite the late introduction of the national 4,000,000,000,000 to expand the program to stimulate domestic demand to raise the export tax rebate part of the plastics, petrochemicals manufacturers in order to stabilize domestic prices combined limit production output. But in the short-term fundamentals of supply and demand difficult to change substantially, the international crude oil fallen too far into the zone, sluggish auto industry, sluggish demand for synthetic rubber and difficult to reverse out of the big market, natural rubber, PTA, LLDPE period bottom prices will continue on the road.
Looking trend of natural rubber in 2009, the yuan futures Yanwen analysis of the teachers of a global recession that would adversely affect the domestic rubber consumption. In the global supply of abundant, high domestic inventory, together with the international crude oil fallen too far into the zone, sluggish auto industry, sluggish demand for synthetic rubber, and prices keep falling. Therefore, the domestic rubber cumulative, short-term rebound in the market difficult to reverse the decline in 2009 year end seasonal rebound at any time, the market outlook is still down the main oscillation.
The PTA and LLDPE, the current market that the global petrochemical industry boom cycle will end in 2008 because the year 2009-2010 will add a large number of petrochemical production capacity to release. Petrochemical future corporate profits will decline comment on this article (0) comments on other topics to launch (0) information about Community Wealth (0), and severe cases similar to the 2007 national PTA production capacity of the PTA led to the release of corporate profits is practically nil. Lake of the new futures analyst Lili car that with the current upper reaches of the PTA plant will resume work, petrochemicals in January 2009 listed for sale on its own manufacturers of power after the view is not very optimistic, while less supply, but the thin turnover The situation has not changed in 2009 will continue the trend of market bottom.
To sum up, the real economy in recession, natural rubber, PTA, LLDPE great demand shock, and there is still downward trend in crude oil, petrochemical industry boom cycle is expected to be the end of 2008 and many other factors leading to bad natural Rubber, PTA, LLDPE in the year 2009 to continue the road to bottom.

Vietnamese rubber exports in 2008 are expected to reach 1.6 billion dollars

Rubber production in Vietnam in 2008 to 644,200 tons, is expected to export 1.6 billion U.S. dollars, ranking fourth in the world exports.
Ministry of Commerce on December 24, Vietnam attaches great importance rubber cultivation and production, the area under cultivation is now the world No. 6, No. 5 UN-production, production of single-home No. 3, No. 4 export home.
Vietnam quoted the Ministry of Commerce, "investment" reported that in 2008 more rubber cultivation in the country with an area of 601,800 hectares, the production of 644,200 tons and is expected to export 1.6 billion.

Chinese truck crane dedicated surge in demand for tires

Truck crane industry in 2002 sales growth of 66.42 percent of the platform, 1-4 for the month in 2003, has created a high increase of 45.82 percent growth. Truck crane industry as a whole to achieve 3415 sales of Taiwan's all-time high, and market development is very good, long-term prospects. Truck crane industry driven directly to the prosperity of the market bias truck tires. As the low-speed truck crane, traveling for a short time, so tire of the high-speed and durability not ask for much, to adapt to the use of the structure of bias tires. In support of the tire truck crane manufacturers were very few cases of restitution, for the higher odds of back tire plant is indeed a good news. China's auto production enterprises cranes are: heavy machinery plant in Xuzhou, lake-Yuan Group, Tai-crane, the Yangtze River in Sichuan factory cranes, heavy machinery plant in Jinzhou, Bengbu vibro Amway engineering machinery factory, a dedicated group Yangtze River depot, Changchun Special Purpose Vehicle Plant Guangdong Book Road plant 11 enterprises. These enterprises in 2003 1-4 truck crane sales for the month cases in the attached table. The table can see from the number one top heavy machinery plant in Xuzhou, and its market share by nearly 50% (large-tonnage truck crane is very high, holds an absolute monopoly), is ranked second in sales volume of 314.45 percent. The plant first 5 months of 2035 mainframe sales to Taiwan, the sales income of 1,340,000,000 yuan, also created the mechanical engineering industry the most.

Expected in the second half of truck crane market will continue to hit, especially in western China market demand even greater increase. Tire companies to seize set in the factory at the same time, but also to open up the replacement tire market, after all, social truck crane to maintain even greater amount of the total demand is far greater than the number of child support.