May 18, 2024

Ethylene propylene rubber or will continue strong high

Recently, the ethylene propylene rubber market is affected by tight supply and merchants' reluctant sellers, and the trend is strong. The external disk is also gradually increasing prices. They have exceeded the threshold of 3,000 US dollars (tonne price, the same below) and restricted the supply of some of these brands. Affected by this, ethylene propylene rubber rally or will continue.
Ethylene-propylene rubber is only produced by Jilin Petrochemical in China, and most of them need to be imported. Therefore, the price trend looks at the "face" of the external disk, and it lacks the right to speak. At present, in the external disk, the prices of imported ethylene propylene rubber external disks have been high and have continued to rise. Dutch DSM ethylene propylene rubber 4703,4903 quoted in 3350 ~ 3340 US dollars, foreign suppliers limited supply of this grade; Japan Mitsui ethylene propylene rubber 3062E, 3092M and other brands in October outside the plate price of 3100 US dollars; South Korea Kumho ethylene propylene rubber External quotation also rose to 3300 ~ 3400 US dollars, the recent total import volume is still limited; Dow ethylene propylene rubber 4640,4570 and other brands in the price of more than 3300 US dollars, the manufacturers offer intentionally raised to 3,400 US dollars; Japan's Sumitomo OEM ethylene propylene adhesive offer also In a very high position. Affected by the manufacturer's equipment overhaul, the supply of foreign manufacturers has been in short supply in the past two months. As a result, there has been very few new supply in the near future, and individual brands have appeared to be out of stock.
Factory factory price is firm and strong, driving market prices in all regions to follow higher prices, of which the latest offer of Jilin ethylene propylene rubber 2070 market rose to 31,000 to 32,000 yuan. At the same time, foreign manufacturers have recently restricted the supply of China's market, taking into account the long-term effective circulation of futures sources, the intention of shipping companies is not high, and many reluctant sellers, resulting in a substantial reduction in market spot resources, the industry took the opportunity to speculation, high-end quotes continue to spread . In addition, Jilin Petrochemical 4045,2070 inventories are in a lower position, and the manufacturers installed in the recent parking, after the production of 0010 grades, it is expected to continue to increase the possibility of late prices.
At present, the downstream auto industry is recovering. The data released by the China Automobile Association shows that the production and sales of autos in September were in a good situation. In the month, both production and sales exceeded 1.5 million. From January to September, the production and sales of autos were 1,308,710,000 units and 13,138,400 units, an increase of 36.10% and 35.97% year-on-year, and the production and sales of autos were both over 13 million vehicles, close to the full-year level in 2009, and formed favorable support for the ethylene propylene rubber market. At the same time, the prices of natural rubber, butadiene rubber, and styrene butadiene rubber are relatively strong, which has also pushed up the ethylene propylene rubber market.
Looking ahead, the shortage of supply in the market is still the strongest support for the high ethylene propylene rubber market, especially the Jilin Petrochemical's ethylene propylene rubber device will be scheduled to produce a series of ethylene propylene rubber in the latter stage, which will increase the market players to Jilin Chemical Co., Ltd. The ethylene-propylene-acrylic rubber price sentiment is bullish, making market players actively inventories and driving prices to continue to rise. At the same time, due to restrictions on the supply of external disk, the formation of a strong support for the price, although Hebei, Zhejiang, limited supply of electricity, the downstream rubber and other manufacturers start underemployment, the procurement of ethylene propylene rubber has been reduced, but ethylene propylene rubber in the tight supply and market speculation With the strong promotion of the atmosphere, it is expected to continue the upward trend. However, due to the current price has been operating at a high level, the market outlook has limited room for growth.

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