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The impact of rising raw material prices on rubber factories
2023-03-20

Compared with the same period last year in January and February this year, natural rubber (take SCR WF as an example) rose by nearly 19.48%, synthetic rubber (take SBR1502 as an example) rose by 33.89%, and carbon black (take N330 as an example) rose by 29.63%. Various rubber additives (take antioxidant 4020 as an example) rose by 21.29%...

Raw materials have risen across the board, and the rubber industry cluster has also been affected. Avoiding the risk of stockpiling at high prices by purchasing raw materials on a monthly basis has become the main response strategy of my country's rubber companies.

The price of raw materials is "rising steadily"

The raw materials of rubber products have risen, one of the reasons is the rapid increase in crude oil prices this year.

The average price of crude oil for the whole year of 2020 has stabilized at around US$45. However, due to the snowstorm in the United States in the first quarter of 2021, many local oil and gas producers have suspended production for more than two weeks, and OPEC’s decision to maintain production cuts, crude oil quickly rose to around US$62. The increase was about 27.41%.

On the other hand, foreign epidemics are spreading. Many imported raw materials have been suspended or reduced, and goods cannot be delivered to the country on time. Many rubber companies in our city mainly import raw materials. The shortage of supply chains has also promoted the market price of rubber raw materials. rise.

April to October each year is the "tapping period" of natural rubber. The increase in rubber prices has stimulated the enthusiasm of rubber pickers to a certain extent, and the increase in natural rubber production will help stabilize rubber prices in the future.


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