Operation ration declined in China
2019-8-21 19:01:06Editor：AmandaFont Size：Big Medium Small
Affected by typhoon Lekima, most of tire manufacturers were forced to stop production in Shandong Province, which largely reduced operation ration in Chinese tire industry.
Research showed that operation ratio of China's full-steel radial tires monthly decreased 22.11% to 49.91% during August 12- August 18, yearly decreasing 23.6 percentage points.
At the same time, operation ratio of China's half-steel radial tire monthly decreased 18.81%, and yearly dove 17.21 percentage points down.
Analysts said tire supply was sufficient in recent days. Raw materials and inventory kept reasonable level.
Tireworld
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