The price of tire raw materials plummeted in the first half of the year.
Recently, Zhuochuang Information conducted a survey on the market price performance of rubber raw materials in the first half of the year, as follows:
Image source: Zhuo Chuang Information
It can be seen that in the first half of the year, a total of 1 1 kinds of tire raw materials saw a sharp price reduction. As the main raw material of synthetic rubber, butadiene has the largest decline, reaching 60%. The overall price of natural rubber also fell more and rose less, with the biggest drop of 28% in the first half of the year.
According to the data of the gold investment market, the rubber price is still running at a low level, and the closing price before the Dragon Boat Festival is only 10330 yuan, far below the previous year's level.
In addition, the price of "carbon black", another main raw material of tires, has remained basically low. According to the statistics of Sinochem.com, as of June 1, the mainstream transaction price of N330 carbon black in East China market was 4,000 ~ 4,300 yuan (ton price), the lowest in three years, down about 30% compared with last year.
Tire prices may rebound in the second half of the year.
The price of some synthetic rubber has gone up.
At present, although the epidemic situation is serious in many parts of the world, and the situation of start-up and demand is not optimistic, there are still many people in the industry who have some confidence in the increase in tire prices in the second half of the year.
According to Zhuo Chuang information, "considering that the price of synthetic rubber has fallen to a low point in the first half of the year, the price may be expected to rise after the bottom is compacted in the second half of the year, but the height will be limited."
"It is expected that natural rubber will fluctuate at the bottom in the third quarter. In the fourth quarter, under the policy expectation, the bottom center of gravity may move up. Whether the market can be restarted in the second half of the year depends on the progress of global epidemic prevention and control and the recovery that the terminal just needs. "
It is understood that the price adjustment notice of raw material ethylene-propylene rubber has appeared recently, SK? EPDM is raised from July 1 1000 Yuan/ton; Sinopec Mitsui EPT has been raised 1500 yuan/ton since June 28th.
On the whole, in view of the epidemic situation in the first half of the year, the demand of car owners fell much faster than the supply of tires, and some tire prices continued to fall. If the price of raw materials rises as expected, the market will gradually pick up in the second half of the year, and the possibility of tire price correction does exist.
However, at present, the main raw materials of tires are still running at a low level, and the market competition is still fierce. Even if the price picks up, the range should be relatively limited.
How to treat the tire price trend in the second half of the year? Welcome to leave a comment!
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.