Of this total, 136.468 billion yen in sales, down 10.1 percent year-on-year; 961 million yen in operating profit, down 87.1 percent; and 465,695 tons in sales, down 4 percent year-on-year. SSBR sales growth of 10% , but due to the global automobile and tire market downturn, sales of non-SSBR products fell by 7% . Among them, automotive rubber fell 10% year-on-year.
01The operating rate of PVC production enterprises during the week was 77.63% , down 1.42% from last week and 6.92% lower than the same period of last year. PVC social inventory increased 9.15% month-on-month
02The delay in resuming work of tire enterprises will have a negative impact on the short-term natural rubber demand, and the accumulation of inventory brought about by the increase in imports in the early days will also apply pressure on the rubber price.
03the fourth quarter in 2019 year , As of december PVC up to 172,000 ton.In 2020 year,from janurary to feburary the output of PVC will be increase. Because of coronavirus, the supply side of PVC is expected to be limited. Even if the spring festival holiday is extended, the high production rate will remain stable.
04During the Spring Festival, natural rubber futures market, raw materials in Thailand, China and the U. S. dollar spot prices have fallen in some degrees. After the festival market demand will be hit, for the road freight turnover bear the brunt,and this year, part of the high-speed road closure, logistics freight will be affected.
05EPDM rubber, high desity synthetic rubber, are applied to seal pad, insulate, insulation, laminating lamination and ect for some good features.It maintains better elasticity under high and low temperture.
06December 2019, China’s Natural Rubber and Synthetic Rubber import volume is 0.728 million tons, in 2019, rubber import volume is 6.576 million tons, down 6.2% year-on-year.
07Asia’s demand for acrylonitrile butadiene rubber (NBR) has shrunk in the run-up to the Lunar New Year holidays due to slumping downstream automotive sector, with consumption being eroded further by growing production of electric vehicles.
08Yesterday's Tokyo rubber rised 2% driven by the Shanghai stock market, which was pulled up by long-term forces after the early far-month contract opened slightly higher, triggering a stop-loss exit for short-term empty orders after breaking through the recent high of 204.7 yen.
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