On march 28, 2024 China rubber annual conference "natural rubber, synthetic rubber, new materials" theme forum was held in qingdao.
Five guests from home and abroad shared their views on the supply and demand pattern of natural rubber, the operation of natural rubber and synthetic rubber futures, the development of the synthetic rubber industry, the research of high-performance rubber materials, and green and sustainable development.
Joseph Adelegan, secretary general of the International Rubber Study Group (IRSG), shares the opportunities and challenges for natural rubber production and consumption in the context of net-zero emissions targets.
Joseph Adelegan first analyzed the situation of rubber-producing countries in Southeast Asia from the supply level. He said that the persistent low price of rubber over the years has led to the shrinking of natural rubber production in the rubber-producing countries year after year. Currently, the major rubber-producing countries are still facing a shortage of rubber cutters, lack of capital investment, reduction of arable area and the introduction of the EU Zero Deforestation Act and many other challenges. On the other hand, in the next few years, the development of the automobile industry and the growth of tire production will continue to support the growth of global demand for natural rubber.
Gao Yiming, senior manager of commodity department II of Shanghai futures echange (SFE), shared the situation of rubber derivatives market of Shanghai Futures Exchange (SFE). In 2023, the scale of futures market of natural rubber, No. 20 rubber, and butadiene rubber has steadily increased, and the energy efficiency of service market has been further strengthened.
Since the Shanghai futures exchange strong source to help enterprises (service pricing benchmarks) - 20 rubber "plump feather action" project, the use of INE 20 rubber futures price pricing of international trade volume increased significantly, the international influence continues to increase.
Next, Shanghai Futures Exchange will be market-oriented, accelerate the improvement of rubber industry chain varieties layout, steadily improve the international influence of "Shanghai rubber" price, and solidly promote market promotion and industrial services.
Shandong Zhuochuang Information Co., Ltd. general synthetic rubber industry chain supervisor Wang Yulian analyzed the current situation of China's synthetic rubber industry in the past five years from the import and export and consumption aspects.
Import, 2023, China's synthetic rubber imports back to about 1.25 million tons, in addition to Russia's imports grew more than three times, South Korea, Japan, Singapore and so on, there is a more pronounced decline. Export, 2023, China's synthetic rubber exports grew to more than 660,000 tons, in addition to Iran, the main export regions almost all achieve positive growth, including Southeast Asia, South Asia and South Korea have appeared 5-10 times the growth. From the progress of tire companies to build factories overseas, it is expected that after 5 years, the export volume may grow to more than 900,000 tons.
Tian ming, professor of school of materials science and engineering, beijing university of chemical technology and director of advanced elastomer materials research center (department), shared the technological innovation and progress of high-performance tire rubber materials. The report pointed out that the research of high-performance raw materials play a decisive role in tire performance improvement, the future direction of development of the tire industry will inevitably be low-cost, energy-saving, safety, and the corresponding rubber materials will also be energy-saving carbon reduction, green and sustainable, high-quality and high-performance development.
Mr. Liu Xiao, general manager of Shandong Tokyo Bo Zhongju New Material Co., Ltd. shared his views on high-end green synthetic rubber solutions for sustainable development.
He pointed out that in the context of "dual carbon" background strategy and ESG concept has become a new consensus, rubber enterprises are facing a series of problems such as increased growth pressure, scale effect recession, overcapacity, and urgent green and low-carbon transformation, etc. In this context, Jingbo Zhongjiu has developed systematic carbon reduction initiatives in the areas of production innovation and optimization, energy structural adjustment, product green transformation, and building of recycling economy. In this context, Jingbo Zhongjiu has formulated systematic carbon reduction initiatives in terms of production innovation optimization, energy structure adjustment, product green transformation, and circular economy building to realize carbon reduction at source, carbon reduction in process, and carbon sequestration at end, and to build a carbon reduction industry chain with upstream and downstream.
In the roundtable interviews, joseph adelegan, secretary general of the international rubber study group (irsg), mok kok lang, deputy director general of the malaysian rubber board (mrb), fadzil rahman, chief secretary and economist of the international rubber consortium (irco), li xinlei, deputy general manager of guangdong province, and huang da, investment director of ahuida financial advisors pte ltd, discussed the current supply and demand situation of the global rubber market, and raw material enterprises building factories overseas. Ltd. And huang da, investment director of asia-huida financial advisors pte ltd, conducted in-depth exchanges and discussions centering on the current situation of supply and demand in the global rubber market, and the establishment of overseas factories by raw material enterprises.
Wang xiaofang, secretary general of china rubber industry association rubber material professional committee, and wang pei, chairman of qingdao quanmei rubber tire co.
