Exhibition
2016 E-News NO.5

【NO.05】
 
Release date 2016/12/1
RubberTech  China 2016
Contacter:  Mr. Chris Lin  TEL:+86-10-53779792  
FAX:010-53779608    E-mail: rubbertech@chrubber.com   www.rubbertech-expo.com
Reifen  China 2016
Contacter: Mr. Aron Liu   TEL:010-53779792 
FAX :010-53779608   E-mail: reifen.china@chrubber.com  www.reichina.com

News Express :
▲Statistics by China Association of Automobile Manufacturers(CAAM)show that output and sales of automobiles from January to April in 2016 reached 8,760,000 units and 8,650,000 units respectively, a growth of 5.7% and 6.1% compared with the same period of last year. Output and sales of automobiles in April reached 2,170,000 units and 2,122,000 units respectively, a growth of 4.3% and 6.30% compared with the same period of last year.
▲Statistics by China’s customs show that China’s NR and SR (including latex) imports in April reached 500,000 tons, making the total imports of NR and SR (including latex) from January to April 1,810,000 tons, an increase of 35.7%, compared with 1,330,000 tons of last year. Import value increased by 10.5%. Updated data show as of the end of April, rubber inventory of Qingdao Bonded Zone reached 244,700 tons, including 205,200 tons of NR, 34,200 tons of SR and 5,300 tons of compound rubber, a drop of 1.45% compared with mid-to-late April.
▲Sinochem International has just released its annual report which reveals business revenue of 43.7 billion RMB, down by 2.66% compared with last year, and corporate profit of 340 million RMB in 2015, Sinorgchem, whose 61% shares held by Sinochem International, contributes the most with its rubber chemicals business among all international business sectors of Sinochem International.
▲Shandong Rubber Industry Association revealed radial tire accumulative output of Shandong province in 2015 reached 258,966,400 units, down by 8.06% compared with last year, including 60,736,500 units of all-steel radial tires, down by 11.01% and 197,977,400 units of semi-steel radial tires, down by 7.12 percent as well as 252,500 units of all steel engineering tires.
▲Spokesman of National Development and Reform Commission (NDRC), Zhao Chenxin, said in the press Hankook Tire Shanghai Co.,Ltd shall be fined 2,175,200 RMB since it reached a monopoly agreement with its dealers to control the lowest resale price for truck, bus and passenger car tires selling.
▲Primer Li Keqiang clinched the agreement to purchase 200,000 tons of rubber from the Thailand government during his visit. 3000 tons of RSS 3# were first packed for delivery on March 21.

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