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China tire prices stage post-holiday rise on cost support

China’s tire prices went up after the Spring Festival holiday (February 11-17) amid rising feedstock prices.

02-25-2021 12:42:25

Natural rubber prices move higher after holiday

Natural rubber prices climbed high after Chinese New Year holiday (February 11-17) as international natural rubber and feedstock prices both increased.

02-24-2021 11:13:22

Domestic tire plants restart successively after holiday

After the Spring Festival holiday, most tire plants in Shandong, Jiangsu, Zhejiang and other areas resumed production on February 19.

02-23-2021 17:28:10

China MMA price surges after the holiday

As of February 18, the first working day after the Chinese New Year holiday, China’s MMA price closed at CNY13,250/mt, up by 10.4% from February 10, JLC data shows. The price rise was attributed to limited supply caused by intensive maintenance and large export demand.

02-18-2021 16:52:53

China’s IIR market may strengthen after Spring Festival holiday

China’s butyl rubber market is expected to improve after the Spring Festival holiday (February 11-17), and market prices will show upticks continuously in March with the demand restoring.

02-05-2021 17:37:18

Domestic tire plants’ holiday arrangement for 2021 Spring Festival

With the Spring Festival holiday (February 11-17) approaching, most domestic tire producers have plans for the holiday.

01-26-2021 13:52:42

NR futures on SHFE rises after holiday on capital inflow

The price of natural rubber futures on SHFE rose after the May Day holiday amid capital inflow, but the natural rubber price is predicted to fluctuate within a range in May amid the supply-demand contradiction.

05-07-2020 17:30:17

China’s Jan latex market in a stalemate amid Spring Festival holiday

Due to Spring Festival holiday (January 24-February 2), domestic latex price rose but traders were reluctant to purchase in January, as buyers held prudent moods amid high-priced overseas latex despite some traders’ restocking intentions.

02-10-2020 17:57:22

SBS market to be in a stalemate after the holiday

Shandong (JLC), January 22, 2020--Before the Spring Festival holiday(January 24-30), the SBS transactions decreased to a low level, as only some large traders or end buyers restocked in small amounts amid festival atmosphere in the market.

01-22-2020 12:11:25

SBS transactions are lackluster near the holiday

Shandong (JLC), January 20, 2020--SBS market moved sideways near the Spring Festival holiday (January 24-30, 2020), with lackluster trading atmosphere. Oil-extended prices moved downwards, and dry SBS prices continued to move sideways.

01-20-2020 11:11:27

Carbon black price likely to inch up after National Day holiday

China’s carbon black market was sluggish as a whole in 2019 amid no supports. With the National Day holiday (October 1-7, 2019) coming, carbon black prices will be stable in the short run and may rise after the holiday.

09-26-2019 16:58:39

China’s polybutadiene imports drop in Feb due to the holiday

In February, China’s polybutadiene import volume decreased to 10,500 mt due to the Spring Festival holiday (February 4-February 10, 2019), and the import volume of polybutadiene in March was predicted to be 17,000-19,000 mt.

04-10-2019 11:47:40

Macro news review in the natural rubber market during Spring Festival holiday

There were several news in the macro environment during the Spring Festival holiday (February 4-February 10, 2019).

02-20-2019 10:00:06

International NR futures price review during Spring Festival holiday

The price of TOCOM fell after rise. The price of SICOM inched down. The purchasing price of latex edged up in Thailand.

02-20-2019 09:50:15

S. China styrene market to rally after holiday

South China styrene prices are likely to pick up after the Spring Festival holiday due to small supply pressure, improved demand and bullish sentiments.

01-30-2019 14:25:06

NR futures prices see gains after holiday

On October 8, the first trading day after the National Day holiday, the price of the most traded contract for January 2019 delivery on SHFE closed at CNY12,330/mt and it hit a three-month high of CNY12,875/mt on October 9.

10-10-2018 17:10:45

Tire plants strive to push up offers after the Chinese New Year holiday.

In 2018, pro-environment inspection is still strict, the prices of part feedstock still perched at high levels. In 2018, tire plants need to break this deadlock and increase profit. Against this backdrop, to hike offers is the inevitable choice of the tire enterprise.

02-28-2018 10:54:13

Agricultural film price in Zibo keeps stable amid the resumed production after the holiday

Agricultural film price in Shandong Zibo is stable and the production will recovery gradually after the Spring Festival.

02-08-2017 17:49:51

Low petrochemical inventory after the holiday supports PE market

Since May 2016, China’s petrochemical plastic inventory kept going downward, maintaining the overall inventory below 700,000 mt especially that the market was mainly in destocking before the National Day Holiday, pushing the market up slightly.

10-17-2016 15:57:22

Weak PE market after the Spring Festival Holiday

During the Spring Festival Holiday, crude oil rebounded after dropping to the lowest point in recent three years.

02-15-2016 17:20:47

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