China's tire industry is now running a more obvious economic downturn to the good signs.
According to the China Rubber Industry Association tire branch of the 41 major tire manufacturers economic indicators, as of September, tire production and sales are positive, this is the first time since 2014.
Tire business inventories fell sharply, showing an increase in profits year on year. Fly in the ointment is the export delivery volume and delivery value by the United States "double reverse" and other effects of decline.
But in the case of decline in exports, to achieve the above indicators turn for the better, indicating that the current tire situation is clearly the trend to the good.
As of the end of September, 41 major tire tire production 275 million, an increase of 5.58%, which radial tire growth of 6.99%.
The report of the enterprises in the production of the vast majority of growth, only 10 of the top 10 output decline.
As of the end of September, sales of these enterprises tire sales of 110.2 billion yuan, only a slight increase of 0.05%, but this is a relatively large decline in tire prices and exports down the case, is also the 3 years of tire industry sales for the first time positive growth, It is not easy.
In addition, the inventory 14.38 billion yuan, down 14.8%. Export delivery volume of 118 million, down 1.72%; export delivery value of 38.41 billion yuan, down 7.99%.
The industry average operating rate, about 70% of all steel, semi-steel about 73%.