January 5, 2011, Fengshen Tire Co., Ltd., Shuangqin Group Co., Ltd., Hangzhou Zhongce Rubber Co., Ltd., Guizhou Tire Co., Ltd., Triangle Group, Shandong Linglong Tire Co., Ltd., Guangzhou International Group, Guangzhou South China The heads of major tyre manufacturers in China, such as Rubber Tire Co., Ltd. (Wanli Tire), gathered in Zhongyuan and conducted communication and discussion on the current tire market and the trend of natural rubber.
The meeting was convened by Fengshen Tire. Representatives of the companies generally agreed that at present, the price of natural rubber has no room to continue rising in terms of seasons and demand. The price of natural rubber is now highly overdrawn, and the trend of natural rubber will decline afterwards. undoubtedly.
In addition to soaring natural rubber, the downstream market for tires is not optimistic. The prices of tires for which trucks and passenger cars and construction machinery manufacturers and maintenance markets have continued to increase have clearly been unacceptable. All companies reached an unanimous consensus at the meeting and will extend the holiday time for the Spring Festival and plan to suspend production for half a month.
The company also said that it will work with industry associations to actively strive for the country to reduce the import tariffs of natural rubber, expand the supply of natural rubber national reserves and other support, to stabilize the price of natural rubber.
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