Ethylene propylene diene monomer (EPDM) rubber is seeing a rise in its overseas market prices. The increase here has been driven by a wide range of factors, including supply–demand tightness, U.S.–China tensions, the recent U.S. cold snap and the global shortage of shipping containers. The U.S., for its part, is not only facing a tight supply–demand balance for domestic EPDM...
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...
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...
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...
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...
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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