Multiple Listed Tire Companies, Thriving Production And Sales!
Recently, several listed tire companies have stated that market demand is gradually repairing. Enterprises have sufficient orders in hand and strong production capacity.
Data shows that from January to April this year, China's rubber tire exports totaled 2.71 million tons, a year-on-year increase of 11.8%;
Among them, the total export volume in April was 730000 tons, a significant increase of 14% year-on-year. At the same time, the production capacity utilization rate of tire enterprises is at a high level.
According to statistics, from May 12th to May 18th, the capacity utilization rate of semi steel tire enterprises was 77.22%, an increase of 2.52% month on month and 13.02% year on year;
The production capacity utilization rate of all steel tire enterprises is 67.16%, an increase of 3.27% month on month and 5.58% year-on-year.
Domestic and international demand has rebounded, coupled with good sales performance, several tire companies have maintained high operating rates.
Sailun Tire stated that currently, there are sufficient orders in the domestic market, and the corresponding factories are performing well in terms of production capacity; The orders for semi steel tires in the overseas market have returned to the level of the first half of last year.
The Senqilin interactive platform stated that it had orders in hand in June, far exceeding its existing production capacity.
It is expected that export orders will remain sufficient in the second half of the year.
In addition, companies such as Triangle, General Motors, and Guilun have also stated that their production and sales are currently thriving and at full capacity.
An industry insider said that in the first half of this year, tire companies showed good recovery momentum.
Positive factors such as demand recovery and a decrease in raw material costs for sea freight are expected to continue to improve performance in the second half of the year.
