April NBR Operating Rate Slipped

The operating rate of China’s NBR industry was 65.02% in April, down around 2% from last month. NBR producers in China basically maintained normal production this month.

1. China’s NBR units running state 

2. China NBR Units Operating Rate

The average operating rate of NBR units in China was 65.02% in April, down around 2% from last month. The NBR units at other producers ran normally this month, and the operating rates were stable.

3. China NBR Monthly Production

The total output of NBR was about 14,000mt in April 2018, down by 3.25% month-on-month and up by 29% year-on-year.

In April, the productin of NBR was stable. The supply was relativley ample, especially that of a few grades. The overall rubber market was weak in the month, and mainstream dealing prices ketp going downwards. The operating rate at downstream rubber products plants was stable. Users purchased feedstock on a need-to basis. The trading atmospwehre was fairish.

4. Forecast

The NBR units are likely to run stablly in May. The output will be stable without a scheduled maintenance plan. SCI predicts that the operating rate of the NBR industry will be stable in May, and the output of NBR will see limited changes.