Japan and South Korea epidemic affects China's special rubber market

Recently, the outbreak of new crown pneumonia in Japan and South Korea has continued to explode, attracting much attention from people in the rubber market because these two countries are China's primary source of imports of unique rubber.

South Korea's Central Epidemic Prevention Countermeasures Headquarters reported on the 12th that as of 00:00 on the 12th, South Korea has newly added 114 confirmed cases of new coronary pneumonia compared to 00:00 on the 11th, with a cumulative number of confirmed cases of 7869 and a total of 67 deaths. According to the Japan Broadcasting Association (NHK) on the 12th, citing data released by the Ministry of Health, Labour, and Welfare and local governments, there were 53 new cases of new coronary pneumonia diagnosed in Japan on the 11th, and a total of 620 confirmed.

Data show that at present, China's butyl rubber imports from Japan and South Korea account for a relatively small proportion.However, because Japan's anti-dumping of halogenated butyl rubber does not include Japan, China's imports from that country increased last year.
In terms of nitrile rubber, Japan and South Korea are countries involved in anti-dumping, but they still occupy a large proportion.Last year, South Korea ranked third among China's import sources of EPDM rubber, accounting for 23%.

Significant differences in domestic market influence
Recently, particular synthetic rubber industry players have been investigated. Including agents, intermediaries, and terminal enterprises, a total of 36. 33% of respondents said that public health incidents had affected transportation and exports within Japan and South Korea.
The Chinese market will lose some Japanese and Korean supplies. Some companies that rely on Japan and South Korea's unique rubber raw materials will be significantly affected.
About 17% of the respondents said that they are currently in an unknown state and are still watching. 50% believe that the incident has no noticeable impact on the Chinese particular rubber market.
It is understood that at present, China has no clear distinction in importing and importing Japanese and South Korean sources of goods. International transportation and China's customs declaration are still proceeding in an orderly manner.

Production of water-based stearic acid has not been affected

Water-based stearic acid plays an essential role in the synthesis and processing of rubber. It is an active vulcanization agent widely used in natural rubber, synthetic rubber and latex, and can also be used as a plasticizer and softener.
As one of the largest manufacturers of water-based stearic acid in China, Trunnano will continue to provide products with reasonable prices and high quality.

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