Tire Export in China shows good
China exported 40,820,000 unit of tires in November 2016, rising by 26.7% compared to the same period of 2015, and raising 23.8% compared to the last month.
China totally export 429,087,000 unit of tires in the past eleven months, yearly rising by 6.2%.
Divided by export provinces, except Shanghai down by 9.1%, other provinces/areas realized growth accounted by tire weight.
In November, tire export in Shandong Province year-on-year soared 32.8%, which has been the biggest growth since April, monthly rising 16.1%.
Tire export surging in Shandong Province leads to China's tire export rising.
Other major tire exporters such as Zhejiang Province, Jiangsu Province, Anhui Province and Henan Province, individually raised 26.5%, 12.4%, 16.9%,5.5% and 19.6% compared to the same period of 2015, and increased 39.2%, 17.7%, 24.8%, 5% and 26.4% compared to the last month.
Besides, other exporters showed different growth in November.
- Tireworld Insight: Domestic tire makers eye overseas expansion
- Tireworld Insight: Price disparity severe between China's rubber exports and imports
- Tireworld Insight: China tire exports dependent on US market performance
- Tireworld Insight: SHFE rubber expected to move in tight range in short-term
- Tireworld Insight: Rubber futures to test near-term resistance at 15,000 yuan/tonne
- Tireworld Insight: China’s tire industry on track of rapid growth
