Butadiene Rubber Market Factors Analysis and Future Forecast
The biggest obstacle to domestic butadiene market development is still weak downstream demand, the overall economic slowdown, the accumulation of finished goods inventory of rubber downstream products companies, the current started bad drag butadiene rubber procurement, a substantial improvement in short-term demand-side hard. Butadiene rubber market factors analysis and future forecast
1, The favorable factors
(a)25,000 yuan per ton raw material butadiene domestic petrochemical enterprises remained high, butadiene rubber cost is still enough support.
(b)Low load of domestic butadiene number of production enterprises start Takahashi, Baling butadiene started around 50% of Jinzhou, Arima, Chinachem device car plan, the market supply side is tight.
(c)China's central bank: a variety of ways through lowered deposit reserve ratio has steadily increased liquidity supply.
(d)A tire in the United States representative said the U.S. government is expected will be delayed due tire special safeguard measures. This will be semi-steel tire exports to the U.S. better to drive to do with.
2, The negative factors
(a) European debt crisis continued, persistent worries about the industry.
(b) The lack of downstream demand, conveyor enterprises start is acceptable, but the shoe, tire manufacturers, a quarter of the domestic automobile production and sales both fell, indirectly resulting in downstream tire industry overstock intention to depress the tire manufacturer of rubber raw materials procurement.
(c) Listed on the new rubber, natural rubber prices the stalemate difficult to change, rubber spot butadiene rubber market price difference is about 1000 yuan per ton.
(d)One-quarter of China's GDP growth was 8.1 percent, China's economic slowdown.
Future Forecast. The biggest obstacle to domestic butadiene market development is still weak downstream demand, the overall economic slowdown, the accumulation of finished goods inventory of rubber downstream products companies, the current started bad drag butadiene rubber procurement, a substantial improvement in short-term demand-side hard. And under the premise of high-cost, low profit, many domestic butadiene Enterprise reduction of production, in order to avoid social backlog of inventory, supply-side taut yet sufficient to support current butadiene market. Before the end of the current Asian butadiene plant maintenance, raw material prices or on too much risk, either the butadiene price of raw materials emergent wide decline, limited the decline of short-term Shun Ding market, will continue in the doldrums consolidation pattern.