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Dongying tire industrial value decreased in 2018

Recently, statistics showed that there were 58.2 billion yuan of tire industrial value realized in Dongying, Shandong Province in the first five months of 2018, year-on-year sliding 1.9% down, and accummulated reaching 99% of proportion of products sold, yearly climbing 0.1 percentage up.

Insiders said that tire industry in Dongying was under production cutting period. And production was effected by coal big tire manufactures suffered by capital problems.


Tireworld