China rubber chemicals export surges in 2014

China exported about 18.53 billion yuan of rubber chemicals in 2014, year-on-year rising by 13.6%. Meanwhile, export ratio of rubber chemicals yearly increased 7.1% to 31.7%, which is the first time that rubber chemicals’export takes over 30 percent of wholly production in the past five years.

Statistics showed thatChinaproduced 1,059,000 tons of rubber chemicals in 2014, yearly rising by 13.6%.

Analysts said that statistics showed thatChina’s rubber chemicals industry is under high-speed development, with over two digitals of growth rate of production and sales income.

Gao Bo, general secretary of rubber chemicals branch in China Rubber Industry Association, said that underChina’s green environment protection, some rubber chemicals producers are cut or stopped production, which changed oversupply situation in the past several years, and pushed production price up.

Gao predicted thatChina’s rubber chemicals industry will suffer fierce shuffling in the next years. At the same time, green production will be first problem for Chinese rubber chemicals manufactures.