WELLPLUS,MULTIPLUS

Chinese tire operating rate yearly rising

From: tireworld
Time: 2019-11-08
Summary: Statistics showde that Chinese tire operation rate climbed up in the second quarter of 2018, although it kept same in the first quarter.

Statistics showed that Chinese full steel tire's operation rate reached 79.18% in the first month of July, and half-steel tire reached over 70%, clearly better than the same period of 2017.

On the hand of tire production ,there has been 209,760,000 units of tire accumulated produced in the first quarter of 2018, year-on-year decreasing 7% compared to the same period of 2017.

During March to May, Chinese tire production continued showing declining.

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