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Tire industry calls on the state to intervene in rubber prices
In the past few days, the international natural rubber price has continued to skyrocket. On October 11, the spot price of natural rubber rose to 29,300 yuan per ton, and the price of natural rubber futures on October 12 also rose to 29,600 yuan per ton, both of which were historical. new highs. Under such circumstances, tire manufacturers have been overwhelmed. Many large tire manufacturers urgently appealed to the government to intervene and take necessary measures to timely curb the skyrocketing international natural rubber prices and help enterprises overcome difficulties.
According to the analysis of the authoritative personages in the industry, this round of international natural rubber prices have soared. Although affected by the heavy rains in Hainan and other reasons, it does not rule out the artificial operations of international traders to drive up prices. From the perspective of demand, in the first three quarters of this year, the demand for raw materials in the automobile industry and domestic tire companies has increased. At the same time, as the world economy begins to come out of the trough of the international financial crisis, the automobile industry in the United States, Japan, Russia and other countries demand raw rubber Is also increasing. In this context, certain human operations have exacerbated the global supply and demand tension of raw gum.
Natural rubber is the main raw material for tire production, accounting for about 50% of its production cost. This year, due to the sharp rise in production costs, the profits of rubber companies such as tires have fallen sharply. From January to August, 9 of the 43 companies counted by the China Rubber Industry Association Tire Branch had a loss of 20.9%. If this trend is allowed to continue, this year the entire industry is likely to suffer losses. At the same time, the high tariff of 20% imposed on imported natural rubber has also plagued the development of China's rubber industry. At present, the annual output of domestic natural rubber has been hovering around 600,000 tons, and the domestic natural rubber's dependence on foreign countries is as high as 70%. Trapped by rising raw material prices, domestic tire companies generally report that their lives are sad.
For this reason, tire companies call on the relevant state departments to issue policies as soon as possible and take the necessary measures to resolutely curb the escalating price trend of imported natural rubber, and support the healthy and steady development of China's tire industry. The enterprise suggested that the National Development and Reform Commission and the National Material Reserve Bureau take out 100,000 to 150,000 tons of reserve rubber in the first half of the year for futures auctions; at the same time, drawing on the practices of some countries, the natural rubber import tariff will be reduced from 20% to zero as soon as possible.
In view of the current sharp rise in production costs, difficulties in raising prices of tire products, and multiple resistances encountered in exports, the tire branch concerned reminded companies to start emergency plans, adjust production plans, compress production indicators, balance rubber usage, and resolutely suppress production against backward production capacity. Or stop production to ensure that raw material resources are used in marketable and profitable products; at the same time, enterprises must increase technological transformation, realize skills and tap potential, and reduce costs. (Transfer from "China Chemical News")
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