Tire industry production and operation report

First, the tire production has been adjusted Since the fourth quarter of last year, due to high prices of natural rubber and other raw materials, production costs have skyrocketed, tire companies have plans to adjust tire production. According to the survey and analysis, the growth rate of output of 45 companies in October 2010 was 2.5% lower than that in September. In November, it was 3.1% lower than in October and December was 2.2% lower than in November. At the same time, a comparative analysis was conducted on the production of seven companies in January this year. In January, the output decreased by 4.84% from December of last year. It is estimated that in February due to the Spring Festival holiday and other factors, the output will decline even more. Recently, 20 domestic and foreign-funded enterprises have taken the opportunity to use Spring Festival maintenance equipment and appropriately extended the duration of their vacations. There are 3 rests in 3-4 days, 10 rests in 5-7 days, and 6 rests in 8-10 days. There is one for 21 days of rest. From the analysis of the situation, most companies have 3-5 days more rest this year than in previous years. Several companies basically did not leave for the Spring Festival in previous years, and they also rested for 5-7 days this year.

Second, the natural rubber prices will show a trend of shock adjustment At present, natural rubber prices have seriously deviated from its own value, tire companies can not digest the pressure of rising costs, prompting many companies to adjust production plans, reduce the amount of natural rubber, while the factory inventory of tires and dealers Tire stocks are balanced and reasonable inventory is achieved. At the same time, the major rubber-producing countries have begun to improve their weather this year, which will facilitate the tapping and growth of natural rubber, creating favorable conditions for increasing the output of natural rubber. As the production of natural rubber will increase, tire companies will make reasonable plans to sell their products, and whether the price center of natural rubber will adjust to shocks will require close attention. However, at the same time due to many uncertainties such as artificial speculation, the natural rubber market price is still at a high probability. Therefore, the tire industry continued to plead for the relevant national departments to cancel the import tariffs on natural rubber and place the State Reserve rubber as soon as possible to ensure that tire companies to maintain normal production and operation.

Third, domestic and foreign tire market prices have increased again Since 2011, global multinational tire companies and domestic tire companies have basically formulated tire price increase programs again, mostly in the range of 5%-10%. German Continental Tire Corp. once again increased the price of commercial vehicle tires in Europe and other regions from 7% on February 1. Michelin Tire Corp. has again raised the price of passenger car and light truck tires in North America and other regions by 8%, engineering tires and industrial tires since February 1. The price increase was 7%; Titus Tire Company increased its price again by about 8% from January 1st; Sumitomo Tire Co., Ltd. has again started operations in North America, Europe, South America, Africa, Oceania, Asia and the Middle East from January 1. Raise the price by 5%-10%; Yokohama Tire Company will once again raise the price of commercial tires in the United States and other countries and regions by 6% from January 1st, and increase the price of construction tires by 5%; Pirelli Tire Co., Ltd. will start Europe on March 1st. The prices in Middle East, Africa, Africa and Asia have increased again by about 7%; Bridgestone Tire Company has raised the prices of trucks, passenger cars, agricultural tires and engineering tires by 7% in the United States, Japan and other countries and regions since March 1. about.

Global multinational tire companies have established tire companies (factories) in China. Since the beginning of 2011, foreign companies such as Michelin, Bridgestone, Cooper, Hankook, Kumho, Yokohama, Sumitomo and other tire companies have once again announced a price increase of 5%-8% in China's tire matching and replacement market. Domestically-funded companies such as Shuangqian, Triangle, Hangao, Guilun, Fengshen, Linglong, and South China Tire Company once again raised the prices of domestic tires by 5%-8% and exported tires by about 6%.