The 5 contract broke through the previous highs and hit a record high of 39980 yuan (t price, the same below). On January 20, the price of the period broke the 40,000 mark and reached 40,190 yuan. The spot price was as high as 39,500~ 40000 yuan. Lately, the price of rubber has often been hovering near the 40,000-kilometer mark, which has caused tire companies to fall into "life and death." A number of tire company CEOs said in an interview with this reporter that in the case of natural rubber prices becoming more and more outrageous, if they still maintain a 20% ad valorem tariff or a 2,000 yuan specific tariff on imported high tariffs, not only the tire industry will be fully Losses, military tire supply, and downstream auto and construction machinery industries will all suffer. In the short term, the suppression of rubber prices and the rescue of the tire industry can only be achieved by throwing state reserves and eliminating tariffs.
Frequent impact on 40,000 yuan mark In November 18, 2010, Hujiao 1105 contract hit a record high of 38,920 yuan at the time, compared to the end of 2008, Hujiao's bottom price of 8,650 yuan rose 3.5 times. On January 12, 2011, Shanghai's 1105 contract on natural rubber futures closed at 38365 yuan, approaching the highest point in history. On January 19, the price of 39980 yuan once again set a new high.
Feng Feng, general manager of Fengshen Tire Co., Ltd. told reporters that Jiaojia has been crazy! At the end of July 2010, natural rubber prices did not exceed 3,000 US dollars. In October last year, it rushed to 5,500 US dollars, and now the price has always hovered above 5,000 US dollars, and hit a new high several times.
When interviewed by reporters in mid-October last year, Deng Yaxi, executive vice chairman of the China Rubber Industry Association, was still sighing that the price of natural rubber was already the highest level in history and it entered the era of 30,000 yuan. After a short period of 3 months, when she was interviewed again, she bluntly stated that the 30,000-yuan era will become a past tense. At present, the price of natural rubber has approached the threshold of 40,000 yuan. Since October 2010, the price of natural rubber has fallen seriously from its value, and domestic tire companies have fallen into a situation of survival due to their inability to absorb the rising production costs.
The self-sufficiency rate fell and fell again. Preliminary data released by the State Customs showed that China imported 1.86 million tons of natural rubber (including latex and no compound glue) in 2010, an increase of 8.8% year-on-year. According to the detailed data released by the customs, from January to November 2010, China imported 1,468,800 tons of natural rubber (excluding latex) and 910,200 tons of imported rubber, that is, the total amount of imported natural rubber reached 2.37 million tons, compared with 2009 in China. The total amount of imported natural rubber and compound rubber is 2.44 million tons. Although the official data of China's total natural rubber production in 2010 has not yet been announced, the industry has agreed that it will not exceed 700,000 tons at most.
It is understood that since 1998, the self-sufficiency rate of China's natural rubber has been declining year by year. In 2005, for the first time, it fell below the internationally recognized security guarantee line of 30% self-sufficiency. Since then, the self-sufficiency rate for many years has also fallen all the way. It fell to 25% in 2007, fell to 22% in 2009, and fell to 20% in 2010.
Shen Jinrong, chairman of Hangzhou Zhongce Rubber Co., Ltd., told reporters that in 2010, the consumption of natural rubber in China exceeded 3 million tons. The consumption of natural rubber in China accounted for 1/3 of the total consumption of natural rubber in the world, while the domestic output was only 660,000. 69 million tons. To find out more about the potential for increasing production of natural rubber in the country, he recently went to Hainan and Yunnan to conduct field trips. He discovered that Hainan has no open space for natural rubber, and Yunnan has included the practice of cutting down natural forests to plant natural rubber into criminal cases. In the category, he no longer has any hope for increasing domestic natural rubber production.
High Tariffs Loss of Protection Significance Natural rubber prices continue to rise, hitting record highs, and the original intention of protecting the interests of rubber farmers with high tariffs has lost its support. There are even some people in the industry who call for high tariff policies to use a backward policy to protect another backward policy.
According to Yue Chunchen, general manager of Shanghai Shuangqin Group, at the beginning, the country determined that the import tariff of natural rubber was 20%, in order to protect the development of natural rubber and the interests of rubber farmers. In the past, due to the impact of imported natural rubber, domestic natural rubber is not easy to sell. But now the domestic natural rubber has changed from being sold to selling, and even rushing to buy it, and the foundation for the natural rubber industry to survive without protection is no longer there.
Shen Jinrong said that in fact, the benefits of natural rubber planting are considerable, and the Chairman of the Thai Natural Rubber Association told him that as long as the natural rubber price is more than 10,000 yuan, it will not lose money, and natural rubber is almost the best economical tropical crop. Xishuangbanna's rubber farmers have already lived in three-storey large tile houses, but now the heads of domestic tire companies have to be mad.
Due to the tariff problem, although China's natural rubber imports have risen linearly, the proportion of general trade imports has been less than 10%, and the proportion of natural rubber imported from the general trade format has been declining year by year. Tire companies generally stated that the use of zero-tariff imported rubber compound is a last resort, but the quality of the compound glue is uneven and unwelcome. If they can cancel import tariffs on natural rubber in general trade, they will use the normal trade to import natural rubber without hesitation.
Tire companies said that although tire prices have been raised several times, they still cannot offset the cost increase caused by raw material price increases. Nowadays, this type of deformed rubber price is really benefiting mostly from foreign groups or companies. However, it is the rubber processing enterprises such as domestic tires, and even the profits of the entire industrial chain are taken away by foreigners.
Looking at the practice of foreign countries that do not produce natural rubber or natural rubber resources in short supply, they all encourage their own rubber companies to make full use of the development of natural rubber resources in other countries and not collect or collect only nominal tariffs. Even India, which has been a net exporter of natural rubber before 2009, announced that from the 23rd of December 2010 to the 31st of March 2011, the import tariff rate of natural rubber fell from 20% to 20% in order to curb rising natural rubber prices. 7.5%.
Fan Rende and all the heads of tire companies interviewed said that when natural rubber prices have reached the highest historical level, the elimination of natural rubber import tariffs will not only affect the development of the domestic natural rubber industry, but will help the tire industry reduce costs. ,Increase competitiveness. It would be advisable to cancel the tariff of natural rubber sooner rather than later. When the price of natural rubber returns to low levels, it will be imposed again. Otherwise, once the tire industry collapses, the consequences will be disastrous.
Frequent impact on 40,000 yuan mark In November 18, 2010, Hujiao 1105 contract hit a record high of 38,920 yuan at the time, compared to the end of 2008, Hujiao's bottom price of 8,650 yuan rose 3.5 times. On January 12, 2011, Shanghai's 1105 contract on natural rubber futures closed at 38365 yuan, approaching the highest point in history. On January 19, the price of 39980 yuan once again set a new high.
Feng Feng, general manager of Fengshen Tire Co., Ltd. told reporters that Jiaojia has been crazy! At the end of July 2010, natural rubber prices did not exceed 3,000 US dollars. In October last year, it rushed to 5,500 US dollars, and now the price has always hovered above 5,000 US dollars, and hit a new high several times.
When interviewed by reporters in mid-October last year, Deng Yaxi, executive vice chairman of the China Rubber Industry Association, was still sighing that the price of natural rubber was already the highest level in history and it entered the era of 30,000 yuan. After a short period of 3 months, when she was interviewed again, she bluntly stated that the 30,000-yuan era will become a past tense. At present, the price of natural rubber has approached the threshold of 40,000 yuan. Since October 2010, the price of natural rubber has fallen seriously from its value, and domestic tire companies have fallen into a situation of survival due to their inability to absorb the rising production costs.
The self-sufficiency rate fell and fell again. Preliminary data released by the State Customs showed that China imported 1.86 million tons of natural rubber (including latex and no compound glue) in 2010, an increase of 8.8% year-on-year. According to the detailed data released by the customs, from January to November 2010, China imported 1,468,800 tons of natural rubber (excluding latex) and 910,200 tons of imported rubber, that is, the total amount of imported natural rubber reached 2.37 million tons, compared with 2009 in China. The total amount of imported natural rubber and compound rubber is 2.44 million tons. Although the official data of China's total natural rubber production in 2010 has not yet been announced, the industry has agreed that it will not exceed 700,000 tons at most.
It is understood that since 1998, the self-sufficiency rate of China's natural rubber has been declining year by year. In 2005, for the first time, it fell below the internationally recognized security guarantee line of 30% self-sufficiency. Since then, the self-sufficiency rate for many years has also fallen all the way. It fell to 25% in 2007, fell to 22% in 2009, and fell to 20% in 2010.
Shen Jinrong, chairman of Hangzhou Zhongce Rubber Co., Ltd., told reporters that in 2010, the consumption of natural rubber in China exceeded 3 million tons. The consumption of natural rubber in China accounted for 1/3 of the total consumption of natural rubber in the world, while the domestic output was only 660,000. 69 million tons. To find out more about the potential for increasing production of natural rubber in the country, he recently went to Hainan and Yunnan to conduct field trips. He discovered that Hainan has no open space for natural rubber, and Yunnan has included the practice of cutting down natural forests to plant natural rubber into criminal cases. In the category, he no longer has any hope for increasing domestic natural rubber production.
High Tariffs Loss of Protection Significance Natural rubber prices continue to rise, hitting record highs, and the original intention of protecting the interests of rubber farmers with high tariffs has lost its support. There are even some people in the industry who call for high tariff policies to use a backward policy to protect another backward policy.
According to Yue Chunchen, general manager of Shanghai Shuangqin Group, at the beginning, the country determined that the import tariff of natural rubber was 20%, in order to protect the development of natural rubber and the interests of rubber farmers. In the past, due to the impact of imported natural rubber, domestic natural rubber is not easy to sell. But now the domestic natural rubber has changed from being sold to selling, and even rushing to buy it, and the foundation for the natural rubber industry to survive without protection is no longer there.
Shen Jinrong said that in fact, the benefits of natural rubber planting are considerable, and the Chairman of the Thai Natural Rubber Association told him that as long as the natural rubber price is more than 10,000 yuan, it will not lose money, and natural rubber is almost the best economical tropical crop. Xishuangbanna's rubber farmers have already lived in three-storey large tile houses, but now the heads of domestic tire companies have to be mad.
Due to the tariff problem, although China's natural rubber imports have risen linearly, the proportion of general trade imports has been less than 10%, and the proportion of natural rubber imported from the general trade format has been declining year by year. Tire companies generally stated that the use of zero-tariff imported rubber compound is a last resort, but the quality of the compound glue is uneven and unwelcome. If they can cancel import tariffs on natural rubber in general trade, they will use the normal trade to import natural rubber without hesitation.
Tire companies said that although tire prices have been raised several times, they still cannot offset the cost increase caused by raw material price increases. Nowadays, this type of deformed rubber price is really benefiting mostly from foreign groups or companies. However, it is the rubber processing enterprises such as domestic tires, and even the profits of the entire industrial chain are taken away by foreigners.
Looking at the practice of foreign countries that do not produce natural rubber or natural rubber resources in short supply, they all encourage their own rubber companies to make full use of the development of natural rubber resources in other countries and not collect or collect only nominal tariffs. Even India, which has been a net exporter of natural rubber before 2009, announced that from the 23rd of December 2010 to the 31st of March 2011, the import tariff rate of natural rubber fell from 20% to 20% in order to curb rising natural rubber prices. 7.5%.
Fan Rende and all the heads of tire companies interviewed said that when natural rubber prices have reached the highest historical level, the elimination of natural rubber import tariffs will not only affect the development of the domestic natural rubber industry, but will help the tire industry reduce costs. ,Increase competitiveness. It would be advisable to cancel the tariff of natural rubber sooner rather than later. When the price of natural rubber returns to low levels, it will be imposed again. Otherwise, once the tire industry collapses, the consequences will be disastrous.
Coal Boiler,Water Coal Boiler,Dzh Coal Steam Boiler,Custom Manual Steam Boiler
Henan Yuanda Boiler Co., Ltd. , https://www.industrysteamboiler.com