market conditions

High Transport, Materials Costs Build Momentum for Hose Price Hikes

Price hikes are under consideration in the rubber and resin hose industry as manufacturers grapple with soaring costs of transport and raw materials, in addition to corrections for unprofitable products. While high transport costs are an industrywide issue, factors specific to certain hose types are also evident. High transport costs are not limited to the domestic Japanese industry. Difficulty in...

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Supply–Demand Balance Tightens in Japan’s EPDM Rubber Market

Japan’s market for ethylene propylene diene monomer (EPDM) is tightening due to a number of factors, with trends in the COVID-19 pandemic top among this list. While demand for EPDM rubber did decline as a result of the virus, it has more recently been making a resurgence due to the turnaround in automotive production recovery that started last autumn. And...

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Rubber Hose Market Expected to Fall Short of Full Recovery Next Year

The Japan Rubber Hose Manufacturers Association recently released a forecast of Japan’s rubber hose demand for 2021. According to the figures here, domestic rubber hose production for the year is slated to come to 32,340 tons, up 11.9 percent year-on-year. But while this represents a significant increase, it does not quite get the sector back to where it was before...

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Recovery in Automotive Production Sees Rubber Products Sector Spring Back in September

With automotive production recovering, there has also been steady improvement in both production and shipment results for rubber products. According to figures released by the Ministry of Economy, Trade and Industry (METI) for September, Japan’s monthly production and shipments of rubber products came to a value of almost 181.4 billion yen ($1.74 billion), down just 8.2 percent against the same...

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Carbon Black Production Rises as North American Tire Demand Trends Toward Recovery

Tokai Carbon Co. Ltd.’s (TYO:5301) carbon black business is on the rebound after bottoming out during the April–June quarter, says President Hajime Nagasaka. Speaking at a financial results briefing on Nov. 5, Nagasaka said that demand is recovering particularly in the U.S. and Thai markets, adding that the company’s U.S. production bases have utilization rates up in the 90–95 percent...

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JRW Report: Rubber and Resin Conveyor Belts See Spotty Demand Amid Coronavirus

Demand for rubber and resin conveyor belts remains spotty as the industry is impacted by the wide division of peaks and valleys it faces. Since the spread of COVID-19, demand for rubber and resin parts has declined for many applications, as is the case with other rubber and resin products. On the other hand, there are also applications for which...

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