Article published by : olive on Wednesday, October 17, 2012 - Viewed 686 times

Category : Business

Natural Silicone Price is Expected to BE Record High

Domestic silicone strong demand
From the year of 2003, China has become the world's largest consumer of natural silicone and importing countries, in recent years, the annual consumption is approximately 10% of the speed in increments. In the year 2009, natural silica gel (including natural rubber content and more than 95% of the composite rubber), demand reached 3.39 million tons, ranking first in the world. From this year into the second quarter, with a recovery in China's economic growth, While the price of silicone starting or frequent product liquidity has slowed, but total consumption is still on the basis of last year's increase, China’s 1-5 months of this year, consumption of silicone products compared with the same period of last year has increased by 28%.

China Silicone Market is Promising
Ever since the second half of the year, the procurement trade is becoming more frequent, and expected a rapid growth momentum this year, China's natural rubber consumption is expected to reach 350-360 million tons, natural rubber imports will be about 285-290 million tons , an increase of 4% over the previous year. Basically established as the global recovery trend is expected next year, China's rubber demand will continue a steady increase. The future of China's rubber demand increase will be mainly in the rubber product exports to increase consumption of rubber products. Which tire exports increased by 40%, the consumption of rubber products, as China's high-speed railway, and airport infrastructure continue to improve, the demand for silicone kitchenware, tires, rubber tube with rubber products will continue to increase, the above growth in the next year there is expected to be 20% increase.

The Silicone Product Supply Price is Tight
In recent years, the growth of the demand in China for natural rubber has a great relationship with the high-speed development of the automobile industry. From the year 2005 to 2010, China's tire production and vehicle production are in the steady growth state. In the present situation, the world's rubber supply and demand to maintain a state of balance. However, with great opportunities for the Asia-Pacific region, including China and India's rapid growth in demand for automobiles, rubber prices continued to rise. China's rubber consumption maintains rigidity growth, even more than the GDP growth rate. However, China's dependence on foreign rubber is more than 60%, statistics show that China's natural rubber imports in 2006 to 2010 is year-on-year increasing, the yield of the main producing countries are not optimistic, the production has been declining. In 2008, Thailand and Malaysia cut open area has been in a decline, in the status of the global rubber supply and demand balance, this trend will be broken, the price of silicone is increasing is obvious.

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Keywords: silicone products, silicone kitchenware

By: olive

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