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China's tire sales declined in November

Recently, a research report said that China's tyre sales monthly declined in November.

The research showed that 58% of full-steel tyre's sales agents said that most of the sales agents has suffered 10% to 20% of decline, and some of them suffered 50% of drop.

There were only 31% of sales agents acquiring sales growth, and 11% of them keeping flat. 

In China's Northern Area, tyre sales monthly dove over 50% integratedly.

With China starting to punish overload truck, and National III emission standard vehicles phasing out, full-steel tyre demand was also affected.

In November, China's full-steel tyre price yearly decreased 3.44% to 12.69%.

The analysts said that China's tyre market has walked into slack season, and wouldn't recover in the near future.