Industrial Institution Adjustment: Main Theme of Rubber and Plastic Industry

In line with April 6, the rubber index was 697 points on April 7, a decrease of 38.26% from the highest point in the cycle of 1129 points (2012-03-05) and an increase of 2.35 points from the lowest point of 681 points on March 20, 2014. %. (Note: Cycle refers to 2011-12-01 so far), the rubber index began to hit a new low and began to rebound at a low level.

Thanks to the recent rebound in natural rubber and the price increase of synthetic rubber factories, natural rubber, styrene-butadiene rubber and butyl rubber all rebounded in the middle and late March, and the rubber plate market improved.

In 2013, the profit of the 364 key enterprises of the China Rubber Industry Association increased by 18%; the profit rate of the industry's sales revenue was 5.57%, an increase of 0.74 percentage points from the previous year. In recent years, the domestic rubber products industry has gradually developed its own self-improvement, technology upgrades, and vigorously develop its dominant products. The output of high-performance products and branded products with high technological content and added value and in line with market demand has achieved double-digit growth, such as radial tires, electric bicycle tires, heavy-duty conveyor belts, and steel braided pipes. However, the entire rubber and plastic products industry is still facing the problem of slower growth of product exports and slow development of high-end products. Industrial upgrading and industrial restructuring are still the main theme of the development of the rubber and plastics industry.

The business club of Netsun Business Bao (002095) organized the "2014 Free Trade Zone and Rubber Industry Summit Forum" with the theme of "Reform, Investment and Innovation", inviting domestic and foreign petrochemical giants, rubber and plastic manufacturers, and distribution Businesses, downstream product manufacturers, warehousing and logistics companies, and investment agencies have gathered together to discuss the future direction and cooperation of the rubber and plastics industry. The forum was held on the morning of April 25, 2014 in the Shanghai Free Trade Zone. The rubber and plastics industry will welcome the great opportunity for financial reforms in the trade zone. Please contact the forum for details.