Tight supply and demand of natural rubber prices rose 53%

Due to tight supply, so far this year
Natural rubber prices rising sharply, according to the International Rubber Research Group (IRSC) statistics, by 2010 the world's rubber supply shortage will increase to 820,000 tons, is expected to supply gap in 2006 will be 250,000 tons. , A senior industry official said, because of economic growth in tire demand-led growth over the past year, natural rubber prices have risen 54 percent. In China, the world's largest consumer of natural rubber, since the first quarter of this year, natural rubber prices soaring, the market has accumulated an average price of the same period last year rose 53.2 percent.
As to natural rubber as the main raw material of a listed company, G tires (600,623), the best tire (600,182) in the 2005 annual report said that with the rapid development of the tire industry, the business-to-tire-related resources and needs to rely more To the greater, and in recent years, natural rubber supply and demand imbalance caused by rising natural rubber prices, supply and demand situation of conflict more difficult to slow down in recent years, and this will be the impact on the future performance of listed companies one of the important factors.
The world's natural rubber supply. Although in theory self-producing areas in Southeast Asia in May from tapping into the season, but Thailand and Malaysia experienced continuous rainfall areas of climate, leading to disruption tapping forced to suspend operations in Indonesia are not yet leaves the end of the dry season, the supply of rubber has not yet reached the level of season Vietnam rubber Despite the resumption of production, and have not yet reached the level of the peak season, supply is more limited scale. The domestic front, producing areas in Hainan last year, serious droughts, typhoons in the second half of the event and caused more damage to scholaris, stop at the cut, part of the scholaris maintenance, and only a small amount of normal scholaris tapping, the current market size of less than 400 tons . Yunnan is only suitable for areas in the context of climate, the gradual expansion of market size, approaching tons per day.
It is understood that China's natural rubber output last year, only about 500,000 tons, compared to the previous year and a decrease of about 100,000 tons last year, China's natural rubber imports to 1,410,000 tons, and domestic production of natural rubber as a whole new resources A growth of only 3.8 percent. The first quarter of this year China's rubber production areas in the basic stop cutting, the new production of the basic glue to zero, according to customs statistics, imports of natural rubber in the first two months amounted to 220,000 tons, up only 6.7 percent. The slow growth in supply and demand of rapid growth, leading to rising prices of natural rubber.
According to the latest National Bureau of Statistics data showed the domestic tire production in April year-on-year growth of 12.6 percent, reaching 34,962,100, 1-April cumulative production of tires 130,130,000, an increase of 16.3 percent. If such a scale according to the projections, the annual tire production will reach 390,130,000. And according to industry estimates, the first two months of this year, China's natural rubber consumption is about 290,000 tons, representing an increase of 11% over the same period last year. To this end, in the first quarter of this year, China's natural rubber supply tight, the situation will be more prominent.
Industry experts generally agreed that with China's rubber consumption is closely related to the automotive, tire industry has developed rapidly, driven strong growth in China's rubber consumption, which is leading to the first quarter of this year, China's natural rubber prices continue to climb one of the important reasons.