According to the China Rubber Industry Association Rubber Additives Committee, in December 2020, the output of rubber additives in member units was 135,000 tons. The domestic market demand has expanded sharply, and the foreign market has returned to the same level. The monthly output exceeded 130,000 tons. At a record high, the output of rubber additives in December increased by 22.4% year-on-year and 14.8% month-on-month.
1. Total output increased year-on-year and month-on-month
The total output in December was 135,000 tons, a year-on-year increase of 22.4% and a month-on-month increase of 14.8%, indicating that the market is recovering rapidly, demand is booming, and gradually moving towards a normal growth trend. It also indicates that the rubber additives industry has a large effective production capacity. Among them: the output of accelerator was 34,000 tons, a year-on-year decrease of 3.1%, and a month-on-month increase of 10.4%; the output of antioxidants was 33,000 tons, a year-on-year increase of 1.6%, and a decrease of 1.4% from the previous month.
2. The export volume continues to grow month-on-month
The export volume in December was 30,000 tons, a year-on-year increase of 1.1% and a month-on-month increase of 16.4%. In 2020, the export volume increased positively for the first time year-on-year, indicating that foreign markets continue to improve and the epidemic is still affecting the market.
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