The Tire Project Has Been Put Into Operation, Driving Manufacturers' Performance To Climb!
Since the beginning of this year, the domestic and foreign tire markets have shown good recovery momentum.
Many tire companies have stated that their orders are sufficient and their operating rates remain high.
Data shows that in the first five months, China's total export volume of rubber tires was 3.47 million tons, a year-on-year increase of 11.8%;
Among them, the export volume in May was 770000 tons, a year-on-year increase of 11.5% and a month on month increase of 40000 tons. Meanwhile, the capacity utilization rate of some enterprises is at a high level.
Sailun Tire stated that at present, there are sufficient orders in the domestic and international markets, and the corresponding factory production capacity is playing a good role.
Sen Qilin stated that in May, factories in Qingdao and Thailand continued to produce and sell at full capacity, with a total sales volume of approximately 2.6 million units. The orders in hand in June far exceeded the existing production capacity, and it is expected that export orders will still be sufficient in the second half of the year.
In addition, enterprises such as Linglong Tire and General Motors also said that their production and sales are booming and they are in good working condition. In April, Linglong sold 5.8153 million tires, a year-on-year increase of 31.36%.
Many overseas projects of Chinese tire companies will be put into operation one after another.
Including the Sailun Vietnam Phase III project with an annual production of 3 million semi steel tires and 1 million full steel tires; Sailun Cambodia produces 9 million semi steel tires and 1.65 million full steel tires annually.
The Linglong Serbian factory produces 1.6 million sets of all steel tires and 12 million sets of semi steel tires annually, and is about to be put into production.
The second phase of Senqilin Thailand project has been put into operation, and production capacity is expected to be fully released this year.
General Cambodia's annual production of 5.9 million sets of tires project is accelerating production capacity release.
An industry insider said that currently, domestic and international demand has rebounded, and the sales situation of enterprises is good.
With the gradual release of production capacity, the performance of enterprises may continue to rise.
