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The tire market ushered in the harvest season at the end of the year
Time of Release：
2012-12-17 15:12
In the first three quarters, our tire situation is not good, sales revenue and export growth slowed down significantly, inventory is always high. But into the fourth quarter, especially after November, tire production and marketing situation improved, inventory digestion quickly, especially corporate profits rose sharply. The industry is predicting that the last month of 2012 will be a bumper season for the tire industry, with sales revenue and profits hitting a record high this year. Moreover, the effect of making money to stimulate a wave of tire investment small climax, equipment suppliers repeatedly won large orders. The current tyre industry situation is relatively good. First, after September, the United States has completed the three-year special tariff period on Chinese passenger tire. The abolition of special tariff will bring new development opportunities to Chinese passenger tire. Second, the cost of the main raw materials of tires has dropped significantly. Now the price of natural rubber is about 24000 yuan/ton, relatively low. More than half of the cost of tires from rubber, rubber price decline to tire enterprises constitute an absolute positive. Near the end of the year, the high gross profit of tire sales, the growth of domestic demand, the export market is improving, these factors will further promote the tire industry production and operation recovery, for the tire industry in 2012 to a successful end.
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