Recently, the prices of synthetic rubber such as styrene-butadiene rubber and butadiene-butadiene rubber, which are the main raw materials for tire production, have risen rapidly. The prices of the rubber have reached or surpassed that of natural rubber. After experiencing the price hike of natural rubber at the beginning of the year, tire companies are now facing enormous pressure on the rise in synthetic rubber prices, which poses a new threat to the normal production and operation of tire companies. The price of synthetic rubber has soared, and it has already seriously affected the operating efficiency of tire companies. According to the statistics of the China Rubber Industry Association Tire Branch, from January to July, 44 member companies increased their total sales profits by 14.2% year-on-year due to a substantial increase in raw material costs when their sales revenue increased by 22.4% year-on-year. According to a survey of some major tire manufacturers, the prices of styrene-butadiene rubber and butadiene-butadiene rubber rose sharply from January to July, especially in July. Among them, July purchase price of styrene-butadiene rubber 1502 (non-oil grade) is 32,500 yuan (ton price, the same below), styrene-butadiene rubber 1712 (oil-filled grade) is 28,900 yuan, and the purchase price of butadiene rubber 9000 is 33,400 yuan. Compared with the same period of last year, the price of styrene butadiene rubber rose nearly 1 times, and the price of butadiene rubber rose by about 70%. According to a large tire company, from January to July, the company's average purchase price of synthetic rubber rose by 44.6% over the same period of last year, and the cost increased by 723 million yuan. Among them, the purchase price in July increased by 73.7% year-on-year, and the cost increased by 160 million yuan. It is estimated that the annual purchase cost of synthetic rubber will increase by 1.267 billion yuan. Another large tire company also reported that the purchasing prices for styrene-butadiene rubber 1502, styrene butadiene rubber 1712 and butadiene rubber 9000 from January to July were 68.3%, 63.9%, and 52.4% higher than the same period of last year respectively. It is expected that the annual cost of synthetic rubber will increase. Branch 518 million yuan. Since August, the price of synthetic rubber has continued to rise, and butadiene rubber has risen to 35,000 yuan. In the past month, the price of raw material butadiene has dropped. According to industry analysts, the price of synthetic rubber has risen sharply. In addition to the recent shortage of raw materials for butadiene, price monopoly and artificial speculation are also important reasons. To this end, tire companies hope that the relevant state departments to take effective measures as soon as possible to suppress the rapid rise in the price of synthetic rubber, making it fall back to normal levels, in order to ensure the normal production and operation of tire companies. Blind Flange,Bs Flange,Oil Pipe Parts,Carbon Blind Flange Zhangqiu Xinhao Machinery Parts Factory , https://www.xhflange.com
Synthetic rubber prices rose tire companies face new threats