Market participants: The domestic natural rubber inventory is under pressure

The "2020 China Energy and Chemical Industry Summit" was recently held in Suzhou.

Downstream tire industry should actively respond to challenges

Peng Hongzhang, Strategic Management Manager of Sailun Group Co.
, Ltd.
, shared the impact of the new crown epidemic on my country's tire exports.
He said that the outbreak of the epidemic in early February caused large-scale delays in the resumption of work of domestic companies, closure of factories, and obstructed logistics, which had a negative impact on the production, transportation, and employment of the manufacturing industry; after the global spread of the epidemic in March, foreign economic activities were almost "stopped.
" "; From April to June, the impact of the epidemic on domestic imported intermediate products and upstream raw materials began to be concentrated, export trade was shrinking, orders were insufficient, and some domestic enterprises were in a state of suspension or semi-stop; from July to September, many countries launched an unprecedented large-scale With fiscal and monetary stimulus measures, the market has begun to recover growth, and China's economic recovery is at the forefront of the world.

Looking at the terminal market, from January to September this year, the cumulative sales of commercial vehicles in major economies around the world were 14.
52 million, a decrease of 11% from the 16.
28 million sales in the same period in 2019; the cumulative sales of passenger vehicles was 32.
02 million, compared with 41.
35 million in the same period in 2019.
A decline of 23%.
In terms of domestic tire demand, according to agency estimates, from the first quarter to the third quarter of this year, the OE and RE market demand for passenger tires declined, the OE demand for commercial tires increased by about 20%, and the RE market demand declined.

　　For the current domestic tire industry, he believes that opportunities and challenges coexist.
During the post-epidemic period, the world generally opened an economic recovery model, bringing "sunlight" to the development of the industry.
At the same time, the centralization of production in Southeast Asia and the implementation of "dual reverse" have brought development opportunities to domestic enterprises.

　　He also reminded domestic companies to actively face current challenges.
First, the brand influence and brand premium of domestic tire companies are relatively low.
Second, we need to be wary of domestic tire manufacturing or exports falling into a "vicious circle.
" For example, in order to ensure the operating rate of installations or the strategy of small profits but quick turnover, tire production (export volume) continues to grow, but price wars have led to lower and lower export prices, which further caused the "double reverse" investigations to become more and more serious and frequent.
Therefore, it is necessary to avoid falling into a "vicious circle" of excess low-end production capacity again.
Finally, it is necessary to actively face the challenge of the globalization trend of production.
In recent years, the leading tire companies have launched the strategy of building factories in Europe and the United States, and are getting closer to the market, with the trend of localized production and localized sales.

Transfer from: Futures Daily