According to statistics released by the Statistics Bureau, in the first half of 2011, the output of rubber tires in China was about 380 million, which was higher than market expectations. Among them, China's rubber tire production in June was approximately 72.309 million, an increase of 5.4% year-on-year.
Chang Yuzhi, a researcher in the chemical industry of China Investment Advisors, pointed out that due to the drop in the growth of automobile production and sales in China this year, the demand for tires has slowed down, and the market expects that the growth rate of tire production will not be too fast. However, from the above statistical data, the increase in tire production in China in the first half of this year was higher than the market forecast, indicating that the development of the tire industry in China is better than market expectations.
According to relevant statistics released by the China Association of Automobile Manufacturers, the rapid growth of China’s automobile production and sales from the previous half of the year has been turned into flat growth, and the growth rate has dropped sharply, showing a trend of falling month by month. From January to June 2011, China's automobile production and sales volume were 9.156 million units and 9.3252 million units respectively, a year-on-year increase of 2.48% and 3.35%, which was a drop of 29% from the 32% growth rate in 2010.
Zhang Yulin, research director of China Investment Consulting Co., Ltd. pointed out that since July of this year, the price of China's natural rubber has continued to rise. However, the domestic tire production data announced in the first half of the year has been higher than market expectations, which will increase the consumption of natural rubber in China. Moreover, the production of natural rubber in the major producing countries of natural rubber has been reduced, and it is difficult to ease the shortage of natural rubber in China. This will further push up the price of natural rubber in China.
The "2011-2015 China Rubber Industry Investment Analysis and Prospects Forecast Report" released by China Investment Advisor shows that natural rubber is widely used and can be used in the production of automobiles, aircraft, ships, cables, conveyor belts, film products, and other industrial and agricultural industries. Machine accessories. At present, there are more than 70,000 items in the world that are partially or completely made of natural rubber. Among them, automotive tires are the main products made of natural rubber. In recent years, due to the large demand for tires in China, the consumption of natural rubber has greatly increased.
Chang Yuzhi, a researcher in the chemical industry of China Investment Advisors, pointed out that due to the drop in the growth of automobile production and sales in China this year, the demand for tires has slowed down, and the market expects that the growth rate of tire production will not be too fast. However, from the above statistical data, the increase in tire production in China in the first half of this year was higher than the market forecast, indicating that the development of the tire industry in China is better than market expectations.
According to relevant statistics released by the China Association of Automobile Manufacturers, the rapid growth of China’s automobile production and sales from the previous half of the year has been turned into flat growth, and the growth rate has dropped sharply, showing a trend of falling month by month. From January to June 2011, China's automobile production and sales volume were 9.156 million units and 9.3252 million units respectively, a year-on-year increase of 2.48% and 3.35%, which was a drop of 29% from the 32% growth rate in 2010.
Zhang Yulin, research director of China Investment Consulting Co., Ltd. pointed out that since July of this year, the price of China's natural rubber has continued to rise. However, the domestic tire production data announced in the first half of the year has been higher than market expectations, which will increase the consumption of natural rubber in China. Moreover, the production of natural rubber in the major producing countries of natural rubber has been reduced, and it is difficult to ease the shortage of natural rubber in China. This will further push up the price of natural rubber in China.
The "2011-2015 China Rubber Industry Investment Analysis and Prospects Forecast Report" released by China Investment Advisor shows that natural rubber is widely used and can be used in the production of automobiles, aircraft, ships, cables, conveyor belts, film products, and other industrial and agricultural industries. Machine accessories. At present, there are more than 70,000 items in the world that are partially or completely made of natural rubber. Among them, automotive tires are the main products made of natural rubber. In recent years, due to the large demand for tires in China, the consumption of natural rubber has greatly increased.
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