Business Club shows: April Rubber market setback prospects bleak

Business Society shows: April rubber and plastic market setback prospects a bleak April 30 rubber index is 877 points, compared to the peak period of 1060 points (2012-03-14) fell 17.26%, compared to the April 24, 2013 lowest point 873 rose 0.46%. (Note: Period of 2011-12-01 to 2013-04-30) according to the network Shing Business Bao's commodity data provider- Business (www.100ppi.com) Price monitoring, April 2013 commodity prices in the list of rubber and plastic plate in the chain rose 5 of products, the top 3 of the goods are Pom (3.23%), HDPE (1.54%), Butyl rubber 1751 (1.31%). A total of 15 products fell on the chain, more than 5% of the total number of goods 4, accounting for the plate was monitored by 20% of the commodities, 3 of the products were butadiene rubber (-12.77%), styrene-butadiene rubber 1502 (-12.68%), NR (-12.59%). April 2013 rubber and plastic industry commodity prices were 3.11%. Chart April 2013 Rubber-plastic commodity price ups and downs in April, the rubber market downturn, the majority of product prices fell, and the rise in weak products, falling products, especially rubber and synthetic rubber, the decline of heavy. On the one hand, the economic fundamentals do not show too much positive, rubber and plastic market is facing downward pressure, on the other hand is the cost of weak and the contradiction between supply and demand outstanding dual constraints, resulting in the rubber and plastic market in April did not sweep the haze, the market warmer, but continued the previous decline. In April 2013, the business community, BCI 0.47, rose to 1.92%, reflecting a contraction in the manufacturing economy over the month and an increase in downside risks. According to the business community price monitoring, April 2013 commodity price rise and fall of the rubber plate in the chain of 5 products, the top 3 of the goods were Pom (3.23%), HDPE (1.54%), Butyl rubber 1751 (1.31%). A total of 15 products fell on the chain, more than 5% of the total number of goods 4, accounted for the plate was monitored by 20% of the goods, 3 of the products are BR (-12.77%), Natural rubber (superscript one) (-12.7%), SBR 1502 (-12.68%). The price of this month is 3.12%. The specific analysis is as follows: At the economic level, the April rubber and plastic market as a whole was in a bad mood, the month, the China Bureau of Statistics published poor economic data, less than market expectations, and then triggered the economic outlook, the entire commodity market is facing downward pressure, rubber and plastic plate is also obviously frustrated; second, the cost side, April, the international crude oil shocks lower, the lowest in the month fell 86 U.S. dollars, the lack of good cost to the downstream rubber and plastic industry to bring a clear vibration, PP, PE, PS, ABS and other general plastics, as well as synthetic rubber and other products have greater impact, especially the butadiene-benzeneAnd Butadiene rubber declined by more than 10%, second, the engineering plastics cost surface is not any good, ethylene glycol, bisphenol A, caprolactam and adipic acid and other chemical products have varying degrees of decline; third, the supply and demand aspect, the April rubber market faced with oversupply pattern, two quarters belong to the rubber and plastic industry demand off-season, the overall consumption situation is poor , although the recent routine overhaul, but the early parking devices will be opened in April, the overall supply of rubber and plastic market is still relatively loose, the market is still in the stage of inventory. In addition, Europe and the United States economic recovery process is slow, according to statistics, the first quarter of rubber and plastic products exports fell 5% or so, which also made the rubber and plastic raw materials market, exacerbated the contradiction between supply and demand, the market under the inevitable business analyst Sickinglei that the domestic economy is facing a recession, the external environment is not Europe and the United States and other economies are still slow recovery, especially in the eurozone predicament, India to China's PVC anti-dumping, and so on, all kinds of indications that the future of rubber and plastics industry is still facing a severe test, domestic demand and external demand have no obvious growth point; In addition, the cost of crude oil upstream obviously Rubber and plastic market cost support is not obvious, but do not rule out later petrochemical to increase overhaul, limited production value, such as the implementation of measures, supply and demand contradictions also have the possibility of further easing, combined with the above factors, it is expected that the May rubber and plastic market is still difficult to escape the consolidation pattern, the