On July 22th, we have 2 new 4 cavities electronic parts mold for T1 test. Both plastic molds are for one of our Chinese customer, specialized in electronic products for satellite receivers. The 2 parts is the plastic case mould for electronic satellite receiver, we will also make production for them, after assembly with other electronic components, it will export to USA, Germany, Poland, Czech Republic and so on. The T1 is finishing, our engineer has made the imrpovement report both for parts and molds. we will see what the feedbacks from our customer. and improve all points before next trial. Thanks our customer to choose us. We will keep going to to provide high quality plastic injection mold and molding to the customer around the world.
Recently, we made a mould for our USA customer,Rod holder. Now this mould have passed all the inspection, it will be ship to USA soon. We did a great job today,Cause of We focus on making mould for almost 30 years, we have very rich experience in the field of mould industry.
Tokyo rubber market was affected by the rise in risk aversion in the external market in the context of a possible break in Sino-US trade negotiations. Although the Shanghai market maintained a good trend throughout the trading day under the influence of the news of customs rectification of mixed rubber imports, China's rubber imports While increasing the cost of domestic rubber stocks, it also transfers some of the supply pressure to foreign markets. In the short term, the weather in the main producing areas of Southeast Asia is not conducive to cutting, resulting in higher raw material prices in the market, but with Rainwater is slowly increasing, and it is more likely that rubber prices will enter the medium-term downtrend channel as production increases. At the same time, once the Sino-US trade negotiations break down on the weekend, the deterioration of the macroeconomic environment will also cause the weakening of rubber prices.
Last two weeks, we did a T1 trial for one electronic project to our German customer. This week, we got the customer's feedback that T1 samples passed the test. This is an electronic enclosure used for one smart sensor. The mold manufacturing time and T1 time is 5 weeks, and our team did a good job! Now the mold is approved to be shipped after inspections next week. Before mold delivery, we arrange 4 processes in quality inspections. The tool maker checks the first time, the third-party quality inspection company will check the second time, project engineer checks the third time, and our engineering director with 18 years' experience check the fourth time. All the inspections check-list and ducuments will be sent to customer.
The Thailand International Plastics Exhibition was originally a theme of the Thai Machinery Manufacturing Exhibition (ME). It is held annually in Bangkok, Thailand. It has been successfully held for 24 times and is held at the BITEC International Exhibition Center in Bangkok, Thailand at the end of June each year. Exhibition criteria: All kinds of rubber, plastic machinery, plastic packaging machinery, rubber and plastic auxiliary equipment, all kinds of supporting facilities, electrical, hydraulic, pneumatic components, raw materials, chemical additives, molds and standard components, mold processing machinery, surface treatment, mold materials Wait.
On July 9th, our cooperated Belgium customer give us a new project, they want to kick off the plastic injection mold soon. We will offer one stop service to them, from part design optimaziation suggestion for plastic mold manufacture, mold making, plastic part production, assembly, to shipping. This project is for Merlin Entertainment, using in 20 Lego Discovery Centers around the world. Hope the project be smoothly and successful.
As a trade fair for the plastics industry, Plastic Fair has assembled a large number of well-known enterprises in the fields of plastic raw materials, ingredients, machinery, molds and products at home and abroad, showing new materials, new equipment and new processes. The exhibition time is from November 6th to 9th 2019, the location was at the Yuyao International Plastics Exhibition Center in Yuyao, Zhejiang. This exhibition is also the exhibition of the plastic industry in China and the leading industrial associations and petrochemical industry production and distribution companies. The total exhibition area of the plastic fair has reached 42,000 square meters, of which 35% of the overseas exhibitors are exhibiting, and about 35 countries and regions are exhibiting. It provides a platform for domestic and foreign plastics industry enterprises to expand and consolidate market, information consultation and exchange, and promote the sustainable development and global vision of China's plastics industry.
About one third of global mould industry output value and consumption is contributed by China Mould is well known as "the mother of industrial". It's a important part of "made in china", It plays the role of "behind hero" from "important instrument of big country" to the improvement of people's life. Take the auto industry as a example, auto mould manufacturing has overed 90%, More than 95% of the country's mold enterprises involved in automotive mold.
