Rubber processing aids give rubber products excellent performance in extreme weather conditions. The terminal applications of rubber processing aids are divided into two areas: tires and non-tire rubber. The former is mainly for the production of high-performance and durable automobile tires. The latter mainly involves wire and cable, electrical and electronic products, industrial products and modified polymerization. Production of things, etc. The rapid growth in the consumption of tires and non-tire products has greatly boosted the market demand for such products.

The development of the tire and automotive industries directly affects the rubber processing aid market. The growth of the rubber processing aid market is heavily dependent on the tire industry. Demand for green, high-performance and energy-efficient tires is growing rapidly in emerging market countries and is driving the development of the rubber processing auxiliaries market. The diversified applications in the medical, aerospace, electrical, electronics and construction industries are also expected to further expand the demand for such products.

The Asia Pacific region dominates the global rubber processing auxiliaries market, accounting for 47.2% of total global sales in 2015. This is mainly due to the high demand from the two major countries of China and India for the automotive industry and the construction industry. As China is accelerating industrialization, it has become a leader in the production and consumption of rubber processing aids. It is estimated that the market value of China’s rubber processing additives in 2015 was 1.18 billion US dollars. With the increasing awareness of safety protection in countries around the world and the rising demand for flame retardant rubber products, flame retardants will achieve rapid growth during the forecast period.

On September 10th, international copper prices fell in early trading on Monday after US President Trump threatened to impose import tariffs on goods imported from China. The trade war escalation worries caused investors to worry about limited metal demand.

According to a report by Bloomberg on September 7 in London, Saudi Arabia’s oil exports to the United States have increased significantly, marking the pressure on OPEC’s major oil producers to respond to US President Trump’s cooling of the energy market.

Although export growth began earlier this year, in the past three months, Trump has accelerated its export growth after repeated private diplomacy and public tweets to ask Saudi Arabia to increase production to control energy prices.

According to government data, last week Saudi Arabia’s shipments to the US oil reached the four-week average of 1 million barrels per day since the end of 2017, an increase of about 250,000 barrels per day since the end of May.

After OPEC and allies including Russia agreed to increase production in June, Saudi Arabia’s export growth to the United States is almost equivalent to nearly half of the country’s total output growth since the end of May.

First, the price trend

According to the data monitoring of the business community’s big list, this week, the caprolactam market rose slightly. The domestic liquid caprolactam average price was 16,890 yuan/ton at the beginning of the week, and the average weekend price was 16,940 yuan/ton. The price was raised by 50 yuan/ton, or 0.30%.

Second, the market analysis

Products: This week, the caprolactam market fluctuated and rose. The liquid caprolactam in East China was around RMB 16,900/ton. The market cost support is stable; some manufacturers have reduced the operating rate of the boiler industry due to the failure of the boiler unit, resulting in a slight increase in the mainstream price and a good negotiation atmosphere.

Industry chain: The price of downstream chips remained stable, cost pressure remained, and manufacturers shipped in general.

Third, the market outlook

Business community analysts believe that the supply and demand environment of domestic lactam is good, and it is expected that the short-term market will maintain a shock consolidation trend.

First, the price trend

According to the data of the business community, the price of acrylic acid market fluctuated downward this week, the demand gradually improved, and the supply of goods was faster than the previous period. The mainstream price of the primary market of the acid was 9000-9200 yuan/ton, and the space for negotiation was limited.

Second, the market analysis

Product: Jiangsu Jurong Chemical Co., Ltd. quotation of acrylic acid is 9200-9300 yuan / ton; Nantong Runfeng Petrochemical Co., Ltd. acrylic acid market is temporarily stable, the price of acid is 8600 yuan / ton. Recently, the prices of acrylic raw materials have risen and fallen, the market has mainly digested inventories, and prices have remained weak.

Industry chain: Domestic propylene (East China) prices have fallen this week. With the resumption of production in the previous inspection and refinery, the supply of propylene in the field was sufficient, and the propylene inflow in the peripheral area increased the pressure on the inventory in the area. As of the end of this week, the mainstream price of the East China propylene market is around 9,300 yuan / ton.

Third, the market outlook

The acrylics analyst of the business community believes that the domestic acrylic acid supply is stable, the downstream keeps the inventory purchase, and the price gradually picks up. It is expected that the acrylic acid market will be adjusted in the short term.