China natural rubber prices on April 11

Commodity Sectors Price Date Natural rubber Rubber & plastics 21241.67 2013-04-11 Natural rubber Rubber & plastics 21283.33 2013-04-10

Source: 中国橡胶网

2013/04/12

Tirecon Asia to review EU tire labeling regulations

The implementation of the EU tire labeling regulation (EC/1222/2009) on November 1, 2012, and other countries' tire labeling laws, will accelerate the growth of the global green tire market to reach $70.6 billion (35 percent of the total) by 2017 (a CAGR of 9.5 percent). Asia will hit a CAGR of 13 percent over the next five years as the report forecast. Mea

Source: 中国橡胶网

2013/04/11

Jiangsu Jinfeng Group's steel cord project started

On March 31, Jiangsu Jinfeng Group's steel cord project was started in Zhongguancun Science and Technology Industrial Park, Liyang City, Jiangsu Province, China. With a total investment of RMB 13.92 billion yuan, the project is the largest industry project in Liyang City.  

Source: 中国橡胶网

2013/04/10

China natural rubber prices on April 9, 2013

Unit: RMB/mt   Product Shanghai Shandong Guangdong SCRWF (Hainan, private-owned) 2

Source: 中国橡胶网

2013/04/10

Signing ceremony of Shandong Yinbao Tire held

Recently, the signing ceremony of Shandong Yinbao Tire Group's yearly 3 million units of all steel radical truck tire project was held. It is reported that locating in the industry park of Dingyuan County, Shandong Province, China, the project is invested RMB 1.7 billion yuan. Yearly 3 million units of all steel radical truck tires and 200,000 units of spe

Source: 中国橡胶网

2013/04/09

China satisfaction survey puts Giti Tire on top

Giti Tire has been named "Top Commercial Vehicle Tire Brand" in a countrywide study organized by China's leading commercial vehicle magazine. The survey involved live interviews with 110,000 participants over a six-month period, covered 24 tire brands and utilized the expertise of several leading Chinese universities. At its conclusion, Giti Tire

Source: 中国橡胶网

2013/04/09

ContiTech expanding in China with R&D center

ContiTech A.G. picked a strategic location—Changshu—as the site of a new research and development center for its Vibration Control business in Asia. Located in Jiangsu Province, about 57 miles from Shanghai, Changshu is home to several automotive manufacturers, the firm said. "From there we are able to serve the Asian markets in Korea, Jap

Source: 中国橡胶网

2013/04/08

Rubber inventory of Qingdao Bonded Zone at the end of March

As of March 29, the total rubber inventory of Qingdao Bonded Zone slightly increased to 358 600 tons, and inventory of compounded rubber decreased compared with March 15. At present, delivery of cargo from storage is still low. On entering warehouse, too big orders will be refused.  

Source: 中国橡胶网

2013/04/03

China natural rubber Price (4-3)

Commodity Sectors Price Date Natural rubber Rubber & plastics 21425.00 2013-04-02 Natural rubber Rubber & plastics 21716.67 2013-04-01

Source: 中国橡胶网

2013/04/03

Chinese tire output to be 0.49 billion units in 2013

On March 26, Deng Yali, president of China Rubber Industry Association, gave a report titled "Economic Operation of Rubber Industry in 2012 and Forecast in 2013". She predicted that the total output value of Chinese rubber industry would be more than RMB 950 billion yuan in 2013, increasing by 10-15 percent, and Chinese total output of tires would

Source: 中国橡胶网

2013/04/02

Opening ceremony of China Rubber Conference 2013 held in Qingdao

On March 26, the opening ceremony of China Rubber Conference 2013 was held in Kempinski Hotel, Qingdao, China. Li Yongwu, president of China Petroleum and Chemical Industry Association, Fan Rende, honorary president of China Rubber Industry Association, Shen Jinrong, president of Hangzhou Zhongce Rubber Co., Yuan Zhongxue, president of MESNAC, and Ma Lianxia

Source: 中国橡胶网

2013/04/01

China natural rubber Price (03-29)

  Commodity Sectors Price Date Natural rubber Rubber & plastics 22000.00 2013-03-29 Natural rubber Rubber & plastics 22275.00 2013-

Source: 中国橡胶网

2013/03/29

Continental A.G. plans seven new tyre plants

Continental A.G.'s tyre division plans to enter new product segments and build as many as seven more tyre plants by 2025 in addition to already announced projects. Conti's mid-term vision through 2025 comprises three phases. The first phase ran from 2001-2010, while the current phase, running through 2015, focuses on accelerating growth in the BRIC (Brazi

Source: 中国橡胶网

2013/03/29

Yokohama’s tire production base in China receives governmental grants-in-aid

On March 26, Yokohama Rubber Co., Ltd., announced that Hangzhou Yokohama Tire Co., Ltd., its tire production base in China, had received grants-in-aid totaling 13.47 million yuan (about 210 million Japanese yen) for the period from December 2012 to March 2013 from Hangzhou City and the Hangzhou Economic and Technological Development Zone (HEDA). Th

Source: 中国橡胶网

2013/03/28

Chinese natural rubber prices on March 26, 2013

Unit: RMB/mt Product Shanghai Shandong Guangdong SCRWF (Hainan, state-owned) 22500

Source: 中国橡胶网

2013/03/27

IRSG exec sees 'decade of opportunity for tire makers'

As principal guest at the opening of Tyrexpo Asia 2013, the Secretary-General of the International Rubber Study Group (IRSG) has predicted strong global demand for tires through the coming decade. "Following two years of disappointing economic growth, in response to the European sovereign debt crisis, the weak U.S.A. economic recovery and budget issues

Source: 中国橡胶网

2013/03/26

HB Chemical announces its distribution agreement with Jiang Xi Black Cat

HB Chemical announced its distribution agreement with Jiang Xi Black Cat Carbon Black Ltd. of Jiangxi Province, China. Black Cat is the largest carbon black manufacturer in China and the fifth largest CB manufacturer in the world. Production capacity is 700,000 tons per year, with seven plants and 24 production lines. Black Cat believes HB Chemical is unique

Source: 中国橡胶网

2013/03/25

Asia natural rubber prices fall after China’s order to clear stocks at Qingdao warehouses

Natural rubber prices in Asia this week slid to the lowest levels in four to six months, after Chinese authorities ordered local warehouses in Qingdao, Shandong province, to clear part of their rubber stocks within 10 days due to safety concerns, market sources said. The Chinese authorities ordered the clearing of rubber stocks at the warehouses following a

Source: 中国橡胶网

2013/03/22

Double Star and Shifeng to build an agricultural tire plant

Recently, the signing ceremony of the agricultural tire plant cooperatively invested by Qingdao Double Star Group and Shifeng Group was held in Gaotang, Shandong Province, China. Located in Gaotang Economic and Technological Development Zone, Shandong Province, the new plant is totally invested RMB 0.6 billion yuan, and will be built in three phases. The ca

Source: 中国橡胶网

2013/03/21

Rubber Slumps on Turmoil in Europe, High China Stockpiles

Rubber declined amid high stockpiles in China and as Europe braced for renewed turmoil over bank deposits in Cyprus, which strengthened the Japanese currency and reduced investor appetite for yen-based contracts. The contract for delivery in August on the Tokyo Commodity Exchange retreated as much as 3.5 percent to 272.9 yen a kilogram ($2,879 a metric ton)

Source: 中国橡胶网

2013/03/19