General market news until 03/03/2023

  • 07/03/2023
  • admin

As of March 3, 2023:

1. Natural rubber inventories of SHFE are 198,750 (773) tons and 188,470 (1,500) tons.

2. The starting load of all-steel tires of the rubber tire companies in Shandong is 68.98%, an increase of 8.54% over the same period last year. The initial load of semi-steel tires of Chinese rubber tire companies was 74.15%, 6.01% higher than the same period last year.

3. The American Tire Manufacturers Association (USTMA) has made a forecast for rubber tire exports in the United States in February 2023 to increase by 0.7% compared to 2022 and increase by 0.5 % compared to 2019.

4. The latest revised data shows that Indonesia's natural rubber output will reach 3.14 million tons in 2022, up 3% from 3.05 million tons in the same period in 2021.

5. In January 2023, Indonesia exported 168,000 tons of natural rubber, down 13.8% year-on-year.

6. In January 2023, Thailand exported 241,000 tons of natural rubber (not including synthetic rubber), up 15% month-on-month and down 21% year-on-year.

7. Foreign media has published data on imports of rubber tires for the United States in 2022. According to statistics, the import value of US rubber tires will reach US$19.6 billion in 2022, a significant increase of 54.9% over the same period last year and an increase of more than 18% compared to 2021.

8. February 2023, China's heavy-duty truck market will sell about 68,000 vehicles (paying size, including exports and new energy), an increase of 50% compared to January 2023 and 5.94 % over the same period last year 10,000 vehicles increased by 15%, with a net increase of about 9,000 vehicles.

9. In January 2023, Vietnam exported a total of 40,700 tons of natural rubber, down 37.7% year-on-year from 65,300 tons last year and up 44.4% year-on-year. last. 73,300 tons in December compared to December.

In January 2023, Vietnam's natural rubber exports to China reached 13,500 tons, up 39.2% over the same period last year compared to 9,700 tons last year and down 52.9% over the same period last month. ahead of 28,600 tons in December.

 

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