China’s tyre exports slowed further in September
On October 24, China Customs announced the export data. In September, China exported 41.37 million new pneumatic rubber tyres, down 19.4 per cent year-on-year. The total weight of these tyres was 580,000 tons, down 1.4 per cent. While the number and weight of tyre exports declined, the export value still increased significantly compared to last year’s period. In September, the export value of Chinese tyres reached 10.14 billion yuan (about 1.24 billion pounds, 1.41 billion euros), an increase of 9.6 per cent.