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Market analysis of China’s synthetic rubber industry in 2018: cumulative production of about 5.6 million tons

Statistical Analysis of the Sales Volume of Synthetic Rubber in China from 2018 to Q4

In 2018, the sales volume of synthetic rubber in China reached 1.301 million tons in the first quarter, and the production and sales rate was 98.5%. The sales volume in the second quarter was 2.696 million tons, and the production and sales rate was 101.5%. In the third quarter, the sales volume reached 3.885 million tons, and the production and sales rate was 98.9%. In the fourth quarter, the sales volume reached 5.404 million tons, and the production and sales rate was 98.5%.

In the year of 2018, China’s synthetic rubber production was about 5.6 million tons.

According to the statistics of China’s synthetic rubber industry market prospects and investment planning analysis released by Prospective Industry Research Institute, the output of synthetic rubber in China was 496,000 tons in December 2018, up 4.9% year-on-year. In terms of accumulation, the cumulative output of synthetic rubber in China from January to December 2018 was 5.59 million tons, a cumulative increase of 7.1%.

(Remarks: China’s synthetic rubber production growth rate in March was 15.8%. In August, China’s synthetic rubber production growth rate was 7.9%)

Imports of natural and synthetic rubber (including latex) exceeded 7 million tons in 2018

China’s natural and synthetic rubber imports increased gradually in the first four quarters of 2018. Among them, China’s natural and synthetic rubber imports increased the most in the third quarter of 2018, an increase of 6.31% compared with the second quarter. In December 2018, China imported 67,000 tons of natural and synthetic rubber, a slight decrease of 1% from the previous month and a decrease of 20.6% from the same period last year. On the cumulative side, China imported a total of 7.08 million tons of natural and synthetic rubber (including latex) in 2018, down 2% year-on-year.

In terms of import value, the import value of natural and synthetic rubber in China increased gradually in the first quarter of 2018. In the fourth quarter of 2018, the import value of natural and synthetic rubber in China increased by 4.37% compared with the first quarter. In December 2018, the import value of natural and synthetic rubber in China was US$1003 million, a year-on-year decrease of 28.5%.

Translated by Google Translator from http://www.cria.org.cn/newsdetail/47782.html

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