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Chinese tire production decreased 7.3% in Jan.-Feb.

Statistics from Chinese Development and Reform Commission showed that added value in chemical industry year-on-year increased 3.7% in the first two months, its growth yearly up 1.7 percentages.

There were 940,000 tons of synthetic rubber produced in the first two months of 2019, yearly decreasing 0.3%. And there were 111,220,000 units of rubber tires produced in the same period, year-on-year down by 7.3%.

In the first two months, Chinese chemical industry realized 48.8 billion yuan of profit, yearly decreasing 28%.


Tireworld