China Produced 654 million Tyres in 2009

Chinese manufacturers produced 654.64 million tyres between January to December in 2009, up 18 per cent compared with 2008. According to data released by the China National Bureau of Statistics (CNBS), 57.19 million tyres were produced in China in December 2009, up 52 per cent compared with the year before. In addition CNBS said synthetic rubber production rose 8.7 per cent to 2.76 million tons during 2009. In December, synthetic rubber output rose 15 per cent compared with the same period last year, reaching 268 thousand tons.

Furthermore, Chinese Rubber Industry Association, CURC, reported that Chinese Customs statistics show that China imported 170,000 tons of natural rubber (up 190.3 per cent) in January 2010. Imports of synthetic rubber rose 182.3 per cent to 1,271,290 tons. According to the figures, the price of raw materials rose sharply in the international market, especially natural rubber and synthetic rubber, where prices rose 3.95 times and 1.95 times respectively.

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