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Myanmar's natural rubber production drops and prices rise rapidly
Time of Update: 2021-07-22
8) per pound in the same period last year to 830 kyats (approximately RMB 4.
It is reported that Myanmar can produce about 300,000 tons of natural rubber each year, 70% of which are exported to China .
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Guizhou Tire Net Profit Increases 740.56% in 2020
Time of Update: 2021-07-21
After deducting the net value of related assets and the relocation expenses incurred, it realized an asset disposal income of 591 million yuan; in addition, the raw materials in the first three quarters of 2020 Prices are at a low level compared with the same period last year.
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Malaysia's natural rubber production increased by 9% month-on-month in February
Time of Update: 2021-07-21
According to news from the foreign news agency on April 15, data released by the Malaysian Bureau of Statistics on Thursday showed that in February 2021, natural rubber production increased by 9% from 45,735 tons in January to 49,840 tons .
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European replacement tire market sales increase by 12.3% in the first quarter of 2021
Time of Update: 2021-07-21
Among them, passenger tire sales increased by 12% year-on-year to 53.
722 million; truck tire shipments increased by 18% year-on-year to 3.
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Kedah Rubber City in Malaysia attracts more than 2.2 billion ringgits of investment
Time of Update: 2021-07-21
2 billion of committed investment for advanced latex product development, raw material production, manufacturing, storage warehousing and logistics, despite Covid-19 The pandemic continues .
He also said that proximity to raw materials and profitable border trade with Thailand have increased the attractiveness of rubber industry participants to invest in KRC .
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Vietnam's natural rubber and mixed rubber exports in the first quarter increased year-on-year
Time of Update: 2021-07-21
In the first quarter of 2021, Vietnam exported a total of 156,000 tons of natural rubber, an increase of 56% from last year's 100,000 tons .
In the first quarter, Vietnam's export of mixed rubber to China totaled 246,000 tons, an increase of 81% from last year's 136,000 tons .
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ANRPC: The relative balance of supply and demand in the global natural rubber market in 2021
Time of Update: 2021-07-20
The report's latest forecast in May indicates that global natural rubber production in 2021 is expected to increase by 5.
Global natural rubber production is expected to increase by 7.
5%, India increased by 1%, Thailand increased by 3%, and Malaysia decreased by 1.
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Goodyear announces the formal completion of the acquisition of Cooper Tire
Time of Update: 2021-07-20
According to foreign media reports on June 8, Goodyear Tire announced on June 7 that it has officially completed the acquisition of Cooper Tire .
It is understood that on February 22, Goodyear announced the purchase of Cooper Tire for approximately US$2.
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U.S. imports increase, Vietnam's rubber exports face new opportunities
Time of Update: 2021-07-20
According to foreign media reports, from many South Vietnam rubber companies, the current price of latex on the market is 46000-48000 VND/kg (12.
The average export price of rubber in the first quarter also increased by 14% year-on-year, reaching US$1,660/ton (RMB 10,640/ton) .
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Thailand's natural rubber exports in the first five months increased by 18% year-on-year, while mixed rubber fell by 28%
Time of Update: 2021-07-20
From January to May, the total amount of natural rubber exported to China was 481,000 tons, a year-on-year increase of 9% .
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The U.S. Department of Commerce announced additional tariffs on passenger car tires in South Korea, Taiwan, Thailand, and Vietnam
Time of Update: 2021-07-20
S. Department of Commerce announced the "Final Decision" on passenger car tires from South Korea, Taiwan, Thailand, and Vietnam, and decided to impose high imports on passenger car tires from four regions.
3% (revised from the higher tax rate originally levied); Nangang Rubber Tire Co.
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U.S. tire imports in the first quarter increased by 11.6% year-on-year
Time of Update: 2021-07-20
Among them, passenger car tire imports decreased slightly by 0.
78 million; truck and bus tire imports increased by 21.
Among them, passenger car tires increased by 132% year-on-year to 890,000; truck and bus tires increased by 42% year-on-year to 560,000 .
3% year-on-year; truck and bus tires were 3.
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ANRPC: Global natural rubber production is expected to increase to 903,000 tons in April 2021
Time of Update: 2021-07-20
ANRPC's latest report shows that in April 2021, global natural rubber production is expected to increase by 22.
8%, Vietnam increased by 100%, and Malaysia increased by 9.
Global natural rubber consumption is expected to increase by 15.
4%, and Malaysia increased by 15.
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Brazil makes the second anti-dumping sunset review affirmative final ruling on China passenger truck tires
Time of Update: 2021-07-20
After reviewing the affirmative final ruling, continue to impose a five-year anti-dumping duty on the products involved in the case in China, with the tax amount ranging from US$1.
On June 17, 2014, Brazil initiated the first anti-dumping sunset review investigation against bus and truck tires originating in China .
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Thailand Rubber Bureau: This year, the domestic rubber price is very stable and the trend is positive
Time of Update: 2021-07-20
In response to the recovery, demand from China and India increased, prompting the value of Thailand's rubber exports in March 2021 to increase by 109% .
According to the latest data from the Thai Ministry of Commerce, the country's rubber exports in March were 349,427 tons, an increase of 65.
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Vietnam's natural rubber and mixed rubber exports increased year-on-year in the first 5 months
Time of Update: 2021-07-20
From January to May, Vietnam’s natural rubber exports to China totaled 33,000 tons, an increase of 18% from the 28,000 tons last year .
From January to May, Vietnam’s exports of mixed rubber to China totaled 318,000 tons, an increase of 52% from last year’s 209,000 tons .
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Guizhou tire sales in 2020 increased by 9.53% year-on-year
Time of Update: 2021-07-20
43% over the previous year; operating profit is about 1.
328 billion yuan, A year-on-year increase of 783.
47% over the previous year; plans to complete the sales of 7.
45 million tires, an increase of 12.
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Affected by logistics, Côte d'Ivoire natural rubber sales decline
Time of Update: 2021-07-20
Although rubber prices continued to soar in the first quarter of 2021, the turnover of SAPH, a subsidiary of the Côte d’Ivoire SIFCA Group’s rubber business, fell by 6% year-on-year to 42.
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2021 China International Rubber Technology (Qingdao) Exhibition, meet you in Qingdao in July
Time of Update: 2021-07-20
It has become a platform for enterprises in the industry to conduct brand promotion and trade promotion, a channel for information communication, new technology exchanges, and an international A weather vane for the development of the rubber industry .
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JSR elastomer business will be acquired!
Time of Update: 2021-07-20
According to foreign media reports, the Japanese energy group Eneos has agreed to acquire the elastomer business of Japan Synthetic Rubber Co.
JSR has been carrying out structural reforms in the elastomer business area, including cost reduction (for example, rationalization of raw material costs and distribution costs) .
