Uncontrollable factors caused the import volume of styrene-butadiene rubber to hit a five-year high in history
2023/8/15
Uncontrollable Factors From January to June 2021, the import volume of styrene-butadiene rubber hit a five-year high in history
According to the data of the General Administration of Customs of China, the year with the highest import volume of styrene-butadiene rubber from January to June in 2019-2023 is 2021. The main reason is that due to the tight shipping in the fourth quarter of 2020, the shipping schedule for imported goods will be delayed. , most sources of goods will be cashed out in the first half of 2021; from a price point of view, the price in China is lower than the price in the US dollar, and it is difficult to open the window for arbitrage trading. From January to June 2023, the import volume of styrene-butadiene rubber was 183,600 tons, an increase of 8.8% year-on-year; the main reason is that, due to the impact of the international situation, the global trade flow of styrene-butadiene rubber has changed, and the export volume of Russian styrene-butadiene rubber to China has increased significantly.
Based on the situation of the main import trading partners of styrene-butadiene rubber from January to June, let's analyze:
According to the data of the General Administration of Customs of China, the top five trading partners of styrene-butadiene rubber imports from January to June 2013 are Russia, South Korea, Singapore, Germany, and Thailand. Ranked first, with an import volume of 53,800 tons, a year-on-year increase of 254%, mainly because the trading partner has a strong price advantage for styrene-butadiene rubber, the arbitrage window for exports to China has opened, and the enthusiasm of US dollar traders to enter the market is obviously at a high level. It is consumed in China and another part is re-exported. From January to June, the average price of imported styrene-butadiene rubber from Russia was 1158.48 US dollars / ton, while the import prices of South Korea, Singapore, Germany and Thailand were 2107.71, 2314.36, 2558.07, 2319.60 US dollars / ton, and the prices were combined with the attributes of imported items There are certain differences.
The export method is expanded. From January to June 2023, the export volume of styrene-butadiene rubber will hit the highest point in five years
According to the data from the General Administration of Customs of China, the year with the highest export volume of styrene-butadiene rubber from January to June of 2019-2023 is 2023, with an export volume of 83,000 tons, a year-on-year increase of 73.33%. The main reasons are as follows: First, some of the mixed rubber processing needs styrene-butadiene rubber, and the styrene-butadiene rubber imported from Russia is re-exported. Second, considering that the price benchmark of styrene-butadiene rubber in the first half of the year was at a relatively low price in the past 12 years, foreign tire factories and shoe material factories had obvious replenishment actions in the first quarter, which supported the increase in domestic styrene-butadiene rubber exports.
Southeast Asia is still the main export region
According to the data of the General Administration of Customs of China, the top four trading partners of styrene-butadiene rubber exports from January to June 2013 are Thailand, Vietnam, India, and Cambodia, and the volume exported to Thailand from January to June 2023 is still the first. The export volume was 33,700 tons, an increase of 116% year-on-year, followed by Vietnam, whose export volume was 16,800 tons, an increase of 68% year-on-year. From the perspective of the tire production capacity of the four countries in Southeast Asia, Thailand’s tire production capacity accounted for 51%, and its output accounted for 57%. Vietnam’s tire production capacity accounted for 14%, and its output accounted for 16%. More than 90%, the output accounted for 92%, and the share of semi-steel tires in Southeast Asia is high, which is also the main reason for the rigid demand for styrene-butadiene rubber.
Since 2014, Chinese tire companies have set off an upsurge in overseas factory construction. Thailand, Vietnam and other Southeast Asian countries have taken over the main production capacity of Chinese tire companies' overseas factory construction by virtue of their rich natural rubber resources, while Thailand's styrene-butadiene rubber production capacity is only 175,000 tons. Among them, the production capacity of emulsion-polystyrene-butadiene rubber is 75,000 tons, and the production capacity of solution-polystyrene-butadiene rubber is 100,000 tons. Vietnam has no styrene-butadiene rubber equipment, and China's leading tire companies Zhongce, Linglong, Sentury, Double Coin, General Technology, and Prinx Chengshan The first overseas factories of many companies including Sailun, Guizhou Tire, and Jinyu Tire were built in Vietnam. The local styrene-butadiene rubber production is difficult to meet the demand, so the import dependence is high.
JIN DUN CHEMICAL has built a special (meth) acrylic monomer manufacturing base in ZHEJIANG province. This makes sure the stable supply of HEMA, HPMA, HEA, HPA, GMA with high level quality. Our special acrylate monomers are widely used for thermosetting acrylic resins, crosslinkable emulsion polymers, acrylate anaerobic adhesive, two-component acrylate adhesive, solvent acrylate adhesive, emulsion acrylate adhesive, paper finishing agent and painting acrylic resins in adhesive.We have also developed the new and special (meth) acrylic monomers and derivatives. Such as the fluorinated acrylate monomers, It can be widely used in coating leveling agent, paints, inks, photosensitive resins, optical materials, fiber treatment, modifier for plastic or rubber field. We are aiming to be the top supplier in the field of special acrylate monomers, to share our rich experience with better quality products and professional service.
