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    Home > Chemicals Industry > New Chemical Materials > The supply and demand side support is strong, and the center of gravity of Tianjiao price fluctuates in a narrow range

    The supply and demand side support is strong, and the center of gravity of Tianjiao price fluctuates in a narrow range

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    In January, the overall trend of the main force of Tianjiao fluctuated widely, the center of gravity remained stable as a whole, the overall support of supply and demand was strong, the price of raw materials in the production area rose first and then declined, while the domestic full latex inventory was low, and the reduction in whole milk production led to a decrease in the number of deliverables, but due to the demand entering the off-season, the spot transaction was weak, and the price center of gravity fluctuated
    in a narrow range.

    Tianjiao

    On the supply side, the main producing areas of Southeast Asia entered low production in February, production in northern Thailand, northeastern Thailand and Vietnam, cutting stopped at the end of January and early February, the southern production area entered low production from high yield, tightened control led to the problem of labor shortage is difficult to solve, the later expected seasonal decline in raw material output, processing plants and second-plate traders appropriate amount of reserve inventory, the overall raw material purchase price is expected to be difficult to continue to fall, the overall US dollar cargo quotation support is strong, far month cargo orders are acceptable, Yunnan production area and Hainan production area entered the stoppage, February overall no production

    On the demand side, the sales volume of heavy trucks in 2020 was 1.
    62 million units, a year-on-year increase of 37.
    9%, the recovery of social consumption in the later period, the steady demand for infrastructure supported the start of major projects, the change of market consumption habits supported online shopping demand, the rapid development of e-commerce supported the heavy truck market, and the implementation of the China VI emission standard for the heavy truck market on July 1 this year, it is expected that the sales of heavy trucks in the first half of the year are generally acceptable, the operating rate of tire factories has declined as a whole, and domestic orders of tire factories near the Spring Festival have remained stable year-on-year, but shipments have decreased month-on-month.
    Domestic replacement market demand is weak, international orders, high freight costs lead to a decrease in export orders, but tire demand in overseas markets is acceptable, export orders are better, tire manufacturers' finished product inventory is at a medium level
    .

    Overall, the production area entered low production in February, raw material prices are expected to fall sharply, domestic production areas enter the stoppage, full latex production is temporarily absent, superimposed short-term Vietnamese 3L rubber into low production, light rubber spot support brought by the logic of long, but the short-term marginal decline in demand is difficult to support spot prices, market liquidity is still expected to tighten, and the premise still affects the overall trend
    .

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