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        Chinas auto tire output increased export prices drop

        Chinas auto tire output increased export prices drop

        Release date:2016-08-10 00:00 Source:http://www.mujadied.com Click:

        Was informed that this year 1-6 month, the tire industry appears to run two characteristics: first, the output increased significantly, the two is a significant decline in export prices.

        Data show that in the first half, China's tire production was 457 million, an increase of 9.1% over the same period last year decreased by 4%.

        In the first half of the year, the price performance of the domestic tire market is generally stable, steady rise.

        Market monitoring shows, 1-6 month, tire (12.00R20-18PR) market price of 2116 yuan /, rose 0.2%; car tire (215/55R16) the average price of 537 yuan /, or 2.1%; light truck bias tire (7.50-16-14PR) the average price of 639 yuan /, or 2%.

        At the same time, export prices have continued to fall.

        1-6 month, car tire export price of 2540.2 U.S. dollars / ton, down 12.6%; passenger car tire exports average price of 2058.9 U.S. dollars / ton, down 13.6%; engineering tire (rim than 61CM) the average export price of 2569.5 U.S. dollars / ton, down 9.9%.

        China petroleum and Chemical Industry Federation expects the second half of the year, the tire market demand remained stable, production continued rapid growth, the export volume is expected to further decline narrowed, the domestic tire market prices continue to rise slightly stability.

        The Federation said that the next step will be cancelled in the fight for national natural rubber import tariffs, make greater efforts to improve the tire products export tax rebate rate, and with the relevant companies, earnestly to Chinese foreign tire "double reverse" response.


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