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Industry news

Top Ten News of China's Rubber Industry in 2014

点击数:3003 2015-08-26 Hits: 3003

1. The United States "double-reflects" on my passenger and light truck tires

On June 3, the United States Steel Workers Federation (USW) filed an application with the US Department of Commerce and the United States International Trade Commission (ITC) to initiate anti-dumping and countervailing investigations on passenger and light truck tires from China, and alleged that the dumping margin was 60.15%, the subsidy is 25.73%. On November 24, the US Department of Commerce announced the results of the preliminary ruling on countervailing duties; on December 22, the preliminary ruling on the countervailing rulings was revised. The preliminary ruling rates of the two compulsory responding enterprises are 11.74% and 12.5% respectively, and the rest of the enterprises are 12.03%; Shandong Yongsheng Rubber Group Co., Ltd. received a punitive tariff of 81.29%. According to Chinese customs statistics, the value of China ’s exports to the United States for the products involved in the case was US $ 3,337 million. This is the first time that the tire industry has suffered trade remedy measures, involving thousands of domestic companies, including 68 manufacturers, which will affect Chinese tires and related There are nearly one million industrial workers.

2. Import tariffs on natural rubber increased

Starting from January 1, 2015, the tentative tariff rate of China's natural rubber imports will be adjusted from 20% or 1200 yuan / ton to 20% or 1500 yuan / ton, an increase of 300 yuan / ton; the tentative tax rate for imported natural rubber latex will be 10%. Or 720 yuan / ton adjusted to 10% or 900 yuan / ton, an increase of 180 yuan / ton. It is estimated that the amount of natural rubber imports in general trade in 2013 is about 350,000 tons, and rubber companies will spend 105 million yuan on annual cost. However, due to the increase in import tariffs, rubber companies such as tires may import more natural rubber for processing and trade, and have a higher dependence on exports. As a result, one is likely to cause more trade frictions, and the other is to suppress domestic rubber companies. At the bottom of the manufacturing chain.

3. Composite rubber national standard reduces raw rubber content index

On August 22, the National Standardization Management Committee announced the General Technical Specifications for Compound Rubber (draft for comments), which stipulated that the content of raw rubber in the compound rubber should not exceed 88% (mass fraction). The content of natural rubber stipulated in the "Compound Rubber Self-discipline Standard" ranges from 95% to 99.5%. It is understood that if the standard is officially implemented, it means that the door to import of composite rubber will be closed. If all compound rubbers are converted into general trade natural rubber imports, the annual cost of 1.5 million tons of natural rubber imports will require rubber companies to spend 2.25 billion yuan more. At the same time, it will also force rubber companies such as tires to import more processing and processing natural rubber, which will easily lead to new trade frictions and prevent companies from getting out of the bottom of the manufacturing chain.

4. "Tire industry access conditions" promulgated

On September 17, the Ministry of Industry and Information Technology officially issued the "Access Conditions for the Tire Industry", which will be implemented on October 1. The "Conditions" emphasizes energy conservation and environmental protection, and puts forward requirements on hard indicators such as energy consumption, resource consumption, and pollutant emissions for tire companies; encourages the development of energy-saving, environmentally-friendly, and safe green tires; and encourages the use of independent intellectual property rights in new and rebuilt tire projects ; Stipulated that the quality of tire products must meet relevant standards and so on. At present, the Ministry of Industry and Information Technology is formulating the announcement management measures for admission conditions, and will perform announcement management on tire enterprises. The release of this policy will play a good role in promoting the tire industry to eliminate backward production capacity and regulate the development of the industry.

5. China Rubber Association releases "Green Tire Technical Specifications"

On February 24, the China Rubber Industry Association issued the Technical Specification for Green Tires, which began trials on March 1. This is China's first green tire industry self-regulation standard. This standard regulates the definition of green tires, proposes performance requirements for green tire products, requirements for the use of raw materials, and recommends green tire production technology. The "Code" laid the foundation for China's next step in implementing the tire labeling system. In order to promote the industrialization of green tires, the China Rubber Association has set up a "Green Tire Industrialization Promotion Working Committee" and a "Green Tire Technical Support Center", and will certify tire testing agencies, refine the guidelines for green tire raw materials, and finally achieve Tire labeling system.

6. Industry development enters speed shift and falls to "new normal"

In 2014, the basic trend of the development of China's rubber industry is: production continues to increase, sales prices continue to decline; export volume increases, export delivery value growth declines; rubber raw material prices continue to low, factor costs continue to rise; profits increase, but the growth rate continues to fall . The entire industry has entered the speed shift and dropped to the "new normal", from the rapid growth of about 20% in the past to the current single-digit growth of less than 5% for 3 consecutive years. According to the statistics of China Rubber Industry Association, the current three-quarter industrial output value increased by 3.67% year-on-year, sales revenue decreased by 0.18% year-on-year, export delivery value increased by 1.39% year-on-year, and export rate (value) decreased by 0.64 percentage point year-on-year. Some problems that were covered during the period of rapid growth are exposed, such as structural excess capacity and serious product homogeneity. At the same time, under the "new normal", the industry will also accelerate structural adjustment, innovation-driven, and green development.

7. "Research on the Development Strategy of China's Rubber Industry Power" officially released

On October 16, China Rubber Industry Association formally released "Research on the Development Strategy of China's Rubber Industry Power." The book is comprehensive and rich. With authoritative and detailed data, it systematically summarizes the achievements of the rubber industry during the "Eleventh Five-Year Plan" and "Twelfth Five-Year Plan", and aims at the advanced technology level of the contemporary rubber industry. Strategic goals and measures for the development of China's rubber industry power in the next 5 to 10 years. The book quantifies the strategic goals of a strong country for the first time, and for the first time draws a road map of the rubber industry's power. It is a compass for China to march into a world rubber industry power and will effectively promote the construction of China's rubber industry power.

8. Tire companies' investment slowdown projects delayed

Due to the slowdown in the growth of domestic and foreign market demand, the continued decline in prices of raw materials and products, and the pressure of the United States' "double-reverse" on China's tires, the operation of the tire industry in the second half of the year has clearly increased. Monthly decline, the industry's general operating rate is not high, most companies between 70% to 80%, increasing inventory pressure, the tire project has been slowing down in recent years, investment for the first time slowed down, some projects were suspended or terminated. This situation also affects equipment suppliers. A large amount of equipment is overstocked by equipment suppliers. The orders of rubber machinery companies in 2015 have decreased significantly. In addition, due to market and inventory pressures, as well as expectations of declining tire prices, the tire marketing industry has also entered a difficult year. In this environment, domestic tire companies have accelerated their pace of going global, and Linglong, Zhongce, and Sailun have accelerated the construction of Southeast Asian projects.

9. Promote informationization and environmental protection and energy saving as the direction

Due to the increasingly strict environmental protection requirements of the country and the continuous increase in the cost of basic domestic elements, companies in the rubber and related supporting industries have increased the development of automation and information technology for safety and environmental protection equipment. For example, the waste rubber comprehensive utilization industry has been actively promoting the green upgrade of rubber powder and recycled rubber production processes, equipment and raw materials, and has identified three major goals to eliminate "small three pieces" and coal tar, and change desulfurization methods, while actively promoting clean production, Formulation of green production standards. Industries such as rubber auxiliaries, skeleton materials, and power tires are also actively promoting automation upgrades and informatization. For example, rubber auxiliaries manufacturers have started work on closed continuous production process transformation and central control automation.

10. Rubber prices continue to fall

2014 was a difficult year for natural rubber producers and traders. Natural rubber is in a situation of global oversupply, and prices continue to slump, falling to the level of the 2008 international financial crisis, and manufacturers and traders have experienced losses. The synthetic rubber production capacity is also significantly higher than the actual demand. The styrene-butadiene rubber and butadiene rubber equipment utilization rates have dropped to 53% and 68%, respectively, and isoprene rubber has dropped to 15%. Synthetic rubber enterprises have difficulty in production and operation. In the next two years, China will have an additional one million tons of synthetic rubber production capacity put into operation.

Copyright: Suzhou First Rubber Co., Ltd. Contact: Yin Donghu (Minister) 18914060721 18913509353
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