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The 2018 China Rubber Annual Conference hosted by the China Rubber Industry Association in Qingdao
At the 2018 China Rubber Annual Conference, Deng Y
2018-03-30The 2018 China Rubber Annual Conference hosted by the China Rubber Industry Association in Qingdao
2018-03-30At the 2018 China Rubber Annual Conference, Deng Yali, President of the China National Rubber Association, summarised the economic performance of China's rubber industry in 2017. That year, the nation's rubber products sector comprised 3,644 enterprises above designated size, a decrease of 324 entities. Main business revenue reached RMB 959.936 billion, representing an 8.21% year-on-year increase. Total profits reached RMB 53.55 billion, an increase of 1.80%. Fixed asset investment amounted to RMB 172.55 billion, a decrease of 2.40%, with tyre investment at RMB 42.70 billion, down 23.5% and marking the fourth consecutive year of decline. Total assets stood at RMB 852.449 billion, an increase of 8.62%. In 2017, the total export value of rubber products nationwide reached US$46.54 billion, representing a 4.94% increase. This accounted for 24.1% of the national petrochemical industry's exports, a decrease of 1.9 percentage points, yet it remained the industry's largest export sector.
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January 2018 saw the nitrile rubber market consolidate sideways, with some slight upward movements.
This month, the nitrile rubber market has consolid
2018-01-15January 2018 saw the nitrile rubber market consolidate sideways, with some slight upward movements.
2018-01-15This month, the nitrile rubber market has consolidated within a narrow range, with some grades experiencing modest upward movements. Domestic manufacturers continue to offer limited supply, with certain grades facing tight availability, resulting in constrained market inventory.
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In February 2018, the nitrile rubber market traded within a narrow range due to the Spring Festival holiday.
In February, the nitrile rubber market traded with
2018-02-22In February 2018, the nitrile rubber market traded within a narrow range due to the Spring Festival holiday.
2018-02-22In February, the nitrile rubber market traded within a narrow range. With the Spring Festival holiday underway, market transactions remained limited. Prior to the holiday, nitrile rubber manufacturers offered limited supply, with prices largely holding steady. Intermediaries and downstream customers stockpiled sparingly, with most purchasing on an as-needed basis.
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In mid-September 2017, the synthetic latex market continued its upward trajectory with no signs of decline.
In mid-September, the synthetic latex market maint
2017-09-18In mid-September 2017, the synthetic latex market continued its upward trajectory with no signs of decline.
2017-09-18In mid-September, the synthetic latex market maintained its upward trajectory with no signs of decline. Raw material prices for butadiene and acrylonitrile continued to rise, prompting most manufacturers to increase latex prices. Some producers faced slightly constrained supply, prioritising shipments to retain existing customers.The styrene-butadiene latex market also showed an upward trend this week, though price adjustments by certain manufacturers were relatively gradual. Pressured by rising costs, most manufacturers anticipate further price increases, though the extent of future adjustments remains uncertain. In East China, styrene-butadiene latex quotations ranged between ¥6,800 and ¥7,800 per tonne, marking a 4.28% increase from the previous week. Acrylonitrile butadiene latex (ABN) quotations stood at ¥8,000 to ¥8,500 per tonne, reflecting a 6.49% weekly rise.
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ZEON Corporation of Japan formally completed the full acquisition of TOPHE Corporation of Japan in August 2013.
2013-08-29ZEON Corporation of Japan formally completed the full acquisition of TOPHE Corporation of Japan in August 2013.
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Economic Performance of China's Rubber Industry in 2017
At the 2018 China Rubber Annual Conference, Deng Y
2018-03-01Economic Performance of China's Rubber Industry in 2017
2018-03-01At the 2018 China Rubber Annual Conference, Deng Yali, President of the China National Rubber Association, summarised the economic performance of China's rubber industry in 2017. That year, the national rubber products sector comprised 3,644 enterprises above designated size, a decrease of 324 entities. Main business revenue reached RMB 959.936 billion, representing an 8.21% year-on-year increase. Total profits reached RMB 53.55 billion, an increase of 1.80%. Fixed asset investment amounted to RMB 172.55 billion, a decrease of 2.40%, with tyre investment at RMB 42.70 billion, down 23.5% and marking the fourth consecutive year of decline. Total assets stood at RMB 852.449 billion, an increase of 8.62%. In 2017, the total export value of rubber products nationwide reached US$46.54 billion, an increase of 4.94%. This accounted for 24.1% of the national petrochemical industry's exports, a decrease of 1.9 percentage points, yet it remained the largest export sector within the petrochemical industry. At the 2018 China Rubber Annual Conference, Deng Yali, President of the China National Rubber Association, summarised the economic performance of China's rubber industry in 2017 in her report. In 2017, the rubber products sector comprised 3,644 enterprises above designated size nationwide, a decrease of 324 enterprises. Main business revenue reached RMB 959.936 billion, representing an 8.21% year-on-year increase; total profits amounted to RMB 53.55 billion, rising by 1.80%. Fixed asset investment amounted to RMB 172.55 billion, down 2.40%, with tyre investment at RMB 42.70 billion, declining 23.5% for the fourth consecutive year; total assets reached RMB 852.449 billion, up 8.62%. In 2017, the total export value of rubber products nationwide reached US$46.54 billion, growing by 4.94%; accounting for 24.1% of the national petrochemical industry's exports, a decrease of 1.9 percentage points, yet remaining the petrochemical sector's largest export category.At the 2018 China Rubber Annual Conference, Deng Yali, President of the China National Rubber Association, summarised the economic performance of China's rubber industry in 2017. That year, the national rubber products sector comprised 3,644 enterprises above designated size, a reduction of 324; with main business revenue reaching RMB 959.936 billion, an increase of 8.21% year-on-year (y-o-y); total profit amounted to RMB 53.55 billion, up 1.80%; fixed asset investment totalled RMB 172.55 billion, a decrease of 2.40%, of which tyre investment stood at RMB 42.70 billion, down 23.5%.This marked the fourth consecutive year of decline; total assets amounted to RMB 852.449 billion, an increase of 8.62%. In 2017, the total export value of rubber products nationwide reached US$46.54 billion, growing by 4.94%. This accounted for 24.1% of the national petrochemical industry's exports, a decrease of 1.9 percentage points, yet it remained the largest export sector within the petrochemical industry. At the 2018 China Rubber Annual Conference, Deng Yali, President of the China National Rubber Association, summarised the economic performance of China's rubber industry in 2017. That year, the rubber products sector comprised 3,644 enterprises above designated size nationwide, a decrease of 324 enterprises; main business revenue reached RMB 959.936 billion, an increase of 8.21% year-on-year (y-o-y); total profits reached RMB 53.55 billion, up 1.80%; fixed asset investment amounted to RMB 172.55 billion, down 2.40%, with tyre investment at RMB 42.70 billion, falling 23.5% for the fourth consecutive year; total assets stood at RMB 852.449 billion, rising 8.62%. In 2017, the total export value of rubber products nationwide reached US$46.54 billion, representing a 4.94% increase. This accounted for 24.1% of the national petrochemical industry's exports, a decrease of 1.9 percentage points, yet it remained the industry's largest export sector.
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