CHINA TIRE PRODUCTION AND SALES DATA ANALYSIS IN AUG

CHINA TIRE PRODUCTION AND SALES DATA ANALYSIS IN AUG
 
In August, China’s tire output maintained a slight growth, exports show volume increase price decline trend.
Tyre production increased slightly
 
Data from the National Bureau of Statistics showed that in August, the output of rubber tires and outer tires of enterprises above the designated size in China was 70.6887 million pieces, up 2.5 percent year-on-year and down 2.834 million pieces month-on-month.
From January to August, the cumulative output of tire and outer tire was […]

CHINA TYRE EXPORTS ROSE STEADILY IN JULY

CHINA TYRE EXPORTS ROSE STEADILY IN JULY
 
Recently, the customs released import and export data for July.
 
China exported 46.51 million new inflatable rubber tires in July, up 6.8 percent year-on-year.Exports reached 9.589 billion yuan, up 5% year-on-year.
From January to July, China exported 295 million tires, up 5.6% year on year.Exports totaled 59.923 billion yuan, up 7.7% year-on-year.
According to statistics, in July 2019, the export weight of Chinese car tires was 210,400 tons, up 4.59% month-on-month and 7.82% year-on-year.
During the month, China’s […]

EU ANTI-DUMPING DUTY LIST ON CHINA TRUCK AND BUS TIRES

EU ANTI-DUMPING DUTY LIST ON CHINA TRUCK AND BUS TIRES
A few days ago, the European Union China truck passenger car tire “double reverse” final tax officially announced.
In the following five years, Chinese tire companies will pay a fixed tax of 42.73-61.76 euros (333.7-482.3 yuan) for each truck and bus tire exported to the eu.
The final ruling will take effect on October 23 this year.
Industry experts said that in the short term, the possibility of reducing the “double reverse” tax […]

AUSTRALIA ENDED ANTI-DUMPING DUTIES ON CHINESE WHEELS

AUSTRALIA ENDED ANTI-DUMPING DUTIES ON CHINESE WHEELS
On November 26, 2018, the China chamber of commerce for import and export of mechanical and electrical products issued a letter announcing the termination of Australia’s anti-dumping and countervailing measures against aluminum wheel hubs in China.
On November 22 local time, the Australian anti-dumping committee (ADC) issued a final ruling ending the “double anti-dumping” measures against imports of aluminum wheels from China.
Removing existing measures could lead to dumping and subsidies again, but would not […]

CANADIAN WINTER TYRE

CANADIAN WINTER TYRE
According to the Canadian Tire and Rubber Association (TRAC), winter tires have been the fastest-growing tire category in Canada over the past five years.

TRAC attributed the growth in winter tyres to the combined efforts of tyre manufacturers, retailers and the government.
The Canadian government is offering incentives to manufacturers who lower prices for winter tires.
TRAC commissioned Leger, Canada’s largest online community, to conduct the 2017 Canadian Consumer Winter Tire Survey.
According to the survey, 66 percent of Canadian drivers […]

ITALY WINTER TYRES

ITALY WINTER TYRES
 
From 15 November 2018, all cars in Italy will have to change their winter tyres.
 
According to the Italian road law, all cars and heavy vehicles must have winter anti-skid tyres or protective chains suitable for driving on snow (ice) during 15 November solstice and 30 April 2019.

 
Winter tyres are printed with “M+S”, or “MS”, “M/S”, “MS” and “M&S” for verification purposes.
M and S come from English, where M stands for Mud and S for Snow.

 
According to the […]

COLOMBIA ENDED ANTI-DUMPING DUTIES ON CHINA TYRES

COLOMBIA ENDED ANTI-DUMPING DUTIES ON CHINA TYRES
Colombia’s anti-dumping measures on Chinese tyre products, imposed in 2013, officially ended on June 13 this year.
On June 8, Colombian investigators announced that they would not launch a five-year review of tire products originating in China.
This means that in the future, Chinese tires will be able to enjoy normal tariffs for their exports to Colombia.
On June 12, 2013, the ministry of trade and industry of Colombia decided to anti-dumping on radial and conventional […]

CHINA-ROK AND CHINA-AUSTRALIA FREE TRADE AGREEMENTS HAVE COME INTO FORCE

CHINA-ROK AND CHINA-AUSTRALIA FREE TRADE AGREEMENTS HAVE COME INTO FORCE
 
China-south Korea and china-australia free trade agreements came into force on December 20.
South Korea and Australia are both important trading partners of China. The establishment of the two free trade zones will give a huge impetus to China’s foreign economic and trade relations and even the deep economic and trade integration in the asia-pacific region
The china-rok free trade agreement (fta) is the largest fta China has ever signed with other […]