The hottest natural rubber has a bright prospect o

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Natural rubber has a bright prospect of becoming a sky high price rubber substitute

due to the continuous rainstorm in early October, Thailand and other places, the main producing area of natural rubber, suffered catastrophic floods, which stimulated the soaring price of rubber futures at home and abroad. With the rapid development of China's economy, China's demand for natural rubber is increasing year by year, and the market prospect of substitute rubber may be considerable

according to the analysis of Shanghai Xinlong on February 17, due to the continuous rainstorm in early October, Thailand, Vietnam, Malaysia and other Southeast Asian countries, the main producing areas of natural rubber, have been hit by catastrophic floods that are not seen in a decade, leading to an upward breakthrough in the price of rubber futures at home and abroad as if they had eaten "stimulants". The closing price of Shanghai rubber was 26875 yuan/ton at the end of September, and it reached 43500 yuan/ton in a few months, with an increase of 61.86%. Xinlong data statistics show that, boosted by the futures price, Hainan rubber, Sinochem International and Dingli Co., Ltd., three listed companies whose main businesses include natural rubber, have increased by 62.01%, 17.19% and 36.08% in 11 years as of February 17, respectively; The Shanghai Composite Index rose only 3.49% over the same period

with the rapid development of China's economy, China's demand for natural rubber has increased year by year. According to the statistics of relevant industry stations, due to the limited land resources available for planting rubber, the self-sufficiency rate of natural rubber in China is less than 27%, which is also lower than the internationally recognized safety line of 30% self-sufficiency rate. Reducing the excessive dependence of the rubber industry on the international natural rubber market and vigorously developing the substitute rubber of natural rubber, such as developing and adopting appropriate special synthetic rubber to replace the use of natural rubber, is one of the important measures to alleviate the contradiction between supply and demand in the market

according to the statistics of Xinlong, after ranking according to the sales gross profit rate of listed companies participating in special synthetic rubber, investors can pay attention to Huitian rubber industry, a silicone rubber deep-processing enterprise with high gross profit rate (43.85%), Qixiang Tengda, the leader of rare earth CIS polybutadiene rubber industry chain (23.94%), Hongda new material, a domestic leader of silicone rubber (22.5%), and sanaifu, a future high-end product manufacturer of fluororubber (14.45%)

special synthetic rubber uses and listed companies:

1 Rare earth CIS polybutadiene rubber: CIS polybutadiene rubber (BR) has the advantages of good elasticity, strong wear resistance, good low temperature resistance, cracking resistance and good dynamic performance. It can be used together with natural rubber, neoprene and nitrile rubber. It is widely used in the production of rubber products such as tires, impact resistant modified tapes, rubber hoses and rubber shoes. China Qixiang Tengda, a domestic listed company, announced at the end of 2010 that it plans to invest 143 million yuan to establish a 51% holding subsidiary with Harbin Boshi company to build a 50000 ton rare earth CIS polybutadiene rubber project. It is estimated that the total investment of the project is about 615 million yuan, with 280million yuan invested by both parties as the registered capital, and the rest is raised by the joint venture from bank loans. The construction period of the project is about 2 years. The company is a leading enterprise in the C4 industrial chain, and butadiene, the raw material required for rare earth butadiene rubber, can be self-sufficient. In view of the excellent cost control ability of the company and the future market demand of rare earth butadiene rubber, we believe that the net interest rate of the company's rare earth butadiene rubber project will exceed 20%. If the current price of ordinary polybutadiene rubber excluding tax is 26000 yuan/ton, the company's rare earth polybutadiene rubber project can obtain an investment income of 104million, which will increase the company's EPS by about 0.40 yuan in the future

2. Silicone rubber: silicone rubber (q) is both heat-resistant and cold resistant. The service temperature is between -100 ~ 350 ℃. It has excellent weather resistance, electrical insulation and high permeability

silicone rubber is mainly used in automobile, electronics, building materials, medical treatment, aviation and other fields

1) HTC new material is the domestic leading enterprise in the high temperature silicone rubber industry, with a complete industrial chain from silicon block - siloxane - high temperature silicone rubber. The 30000 ton silicone rubber reconstruction and expansion project invested by the company was put into operation in June 2010, and the 45000 ton silicone monomer expansion project was put into operation in October 2010. The economic benefits of the project will begin to appear this year. The company will also invest 70000 tons/year in the expansion project of organosilicon materials. It is expected that the average annual after tax profit after reaching the production capacity will be 314million yuan, with outstanding growth in the future

Assuming that the oil level in the oil tank is lower than the high oil window

2) Huitian rubber industry is a silicone rubber deep-processing enterprise, which is not affected by non-metallic factors such as dust when working. It is the domestic leader of high-end engineering adhesives. Its products include five categories of products, including high-performance organic silica gel, polyurethane glue, acrylate glue, anaerobic glue, epoxy resin glue, and the downstream is mainly in the fields of automobile manufacturing and maintenance, LED packaging, new energy, energy conservation and environmental protection. The company's raised investment project "5000 tons of organic silicone adhesive and sealant construction project" will reach production this year, "5000 tons of polyurethane adhesive and sealant construction project" will reach production in 2012. The over raised funds of the company will invest in the "3000 ton polyurethane adhesive and sealant construction project (two-component)", which will reach production capacity in 2012, mainly for the construction of high-speed rail

3) Xin'an shares, in cooperation with Shenzhen Tianyu, formed a production capacity with an annual output of 27000 tons of silicone compound in 2010. The investment income will be gradually realized this year, which is worthy of attention

3. Fluororubber: fluororubber (FKM) is a synthetic rubber containing fluorine atoms, which has excellent heat resistance, oxidation resistance, oil resistance and drug resistance. It is mainly used in automotive, aviation, chemical and other industrial departments as sealing material, time limit material, medium resistant material and insulating material. At present, in the consumption structure of fluororubber in China, the automobile industry accounts for about 40%, petrochemical industry accounts for about 25%, and aerospace and other industries account for 35%. Among the domestic listed companies, sanaifu (600636 shares, market, information, main trading) is the largest and most comprehensive organic fluorine chemical enterprise in China, and the domestic market share of fluorine rubber products is about 20%. Due to the national restrictions on Fluorite Mining and the improvement of industry access standards, the supply of fluorine chemical raw materials will be reduced, which will lead to the cutting off of raw materials for small and medium-sized fluorine chemical enterprises, which will be phased out. The price of fluorine chemical products rose sharply in 2010, and the company has begun to benefit from it. At present, the company is expanding projects in military industry and large aircraft. In addition, polyvinylidene fluoride (PVDF) is also a profit growth point worthy of expectation. There is a gap between the company's technology and the world's first-class fluorochemical enterprises. We expect the company to increase R & D investment and make a breakthrough in the industrialization of high-end fluororubber products

4. Halogenated butyl rubber: butyl rubber (IIR) is the fourth largest synthetic rubber in the world, which is copolymerized by isobutene and a small amount of isoprene. Due to the excellent airtightness of IIR, more than 80% of butyl rubber in the world is used to manufacture the inner liner of tubeless tires, and about 10% of butyl rubber is used for medical rubber products. Since the 1980s, butyl rubber has been halogenated, and the air tightness of products has been further improved. At present, there is no device for large-scale production of hiir in China. Longshan Chemical and Zhejiang Qicheng, subordinate to Zhejiang Longsheng, have established a pilot test group of BIIR, which plans to invest in the construction of a pilot plant with an annual output of 1000 tons in Longshan Chemical, expand the phase II pilot plant to 3000 tons, and determine the investment plan based on the final results of the pilot plant and economic benefits

5. Chlorinated polyethylene rubber: chlorinated polyethylene rubber is a new polymer material with dual characteristics of plastic and rubber obtained from chlorinated high-density polyethylene (HDPE). It is the only polymer with various forms and properties from soft plastic, elastic plastic, rubber elastomer, leather like hard plastic to non combustible coating resin depending on different chlorine content at present. According to chlorine content, residual crystallinity and other characteristics, it can be divided into resin type chlorinated polyethylene (CPE) and rubber type chlorinated polyethylene (CM). In the domestic listed company, Yaxing chemical also has cm production technology and industrial production capacity, but the company's leading product is CPE, with a production capacity of 180000 tons

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