2021 is the first year of the "14th Five-Year Plan". Recently, it was learned from the Rubber Additives Committee that in January 2021, the output of rubber additives of member companies was 118,000 tons, an increase of 40% year-on-year, and a good start. The main reasons: First, the Spring Festival in 2021 is February (the 2020 Spring Festival is January, plus the epidemic), and production and shipments in January are basically unaffected; second, the downstream market demand is relatively strong.
In January 2021, the total output and sales revenue both exceeded the same period in 2019 and 2020, setting a new high for the same period in the past three years. Coupled with the recent continuous price increases in the chemical market, the market is showing a prosperous atmosphere.
Production figures are up year on year
Total output in January was 118,000 tons, up 40% year-on-year. Among them: 33,000 tons of accelerator production, up 46.4% year-on-year; 30,000 tons of antioxidant production, up 11.8%. The market continues to recover rapidly, the demand is more robust, and gradually towards normal growth on the trend, the rubber chemicals industry effective capacity is larger.12.3% decline in January from the previous month,because the production of rubber chemicals in December 2020 reached a record high of 130,000 tons, caused by a higher production growth in the month.
Export volume continues to grow year-on-year
Export volume of 30,000 tons in January, up 21.6% year-on-year, indicating that foreign markets continue to improve.
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