The Asia Pacific region accounted for 53.8 percent of global rubber production in 2018, followed by Europe, the Middle East and Africa, and the synthetic rubber, according to the International Rubber Conference Organization (IRCO) .
01Upstream manufacturers continue to decline in the rate of production for ethylene plant cost is high, in the long term there is a downward trend, the overall supply is still tight.
02From today's National NBR prices, today's national NBR prices in 18,500 yuan per ton.
03Domestic social inventory of PVC is higher than the same period last year. And into the middle and late October, PVC new installations have a production plan, it is expected that the late supply will gradually increase to form a certain pressure on prices.
04Recently, Thailand, Vietnam and other Southeast Asian rubber-producing areas have been fall rain, which is an important incentive for the current round of rubber prices.
05In terms of Tyre exports, they started to show a recovery in June, after which they continued to rise in the third quarter. Tire matching demand, replacement demand, export demand overall improvement. On the whole, supply and demand clearly show a more favorable pattern.
06During the period from Mid-July to Mid-September, the market price of PVC in east China maintained the trend of the box for nearly two months.
07China's natural and synthetic rubber imports rise in September 2020. China's natural and synthetic rubber imports in September 2020 were 866,000 tons, up 58.6 percent year on year, and the value of imports was US $1,156.7 million, up 39.5 percent year on year.
08This round of rising mainly by futures due to demand improved and tight supply, as well as cost increases and other positive impetus. Mainstream enterprises raised about 50-170 yuan, to Inner Mongolia Yihua as an example, 6,680 yuan per ton before national holiday.
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