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Semi-steel orders in March active enthusiasm to start work
Views:963 Updated:2024-03-15


It is observed that in February this year, the tyre market demand is not obviously good.

Affected by the Chinese New Year holiday, the overall channel in the first half of the month to go sparse, the terminal shops mainly digest inventory.

In the middle of the month, affected by the weather, replacement demand without obvious improvement, affecting the speed of shipments.

Work rate, tyre companies in February start rate, lower than in January.

The overall start rate of 47.67%, all-steel, semi-steel were 46% and 62%.

Specifically, all-steel tyre enterprises early Spring Festival holiday, inventory is at a high level.

Semi-steel tyre enterprises most of the holiday later, the resumption of work earlier than in previous years, the inventory is at a low level.

Part of the first-tier brand enterprises to start work normally to meet the demand for foreign trade orders.

It is expected that in March, tyre manufacturing costs will climb, but the start rate will rise.

Because of the slow recovery of the market, orders for semi-steel tyres are active, shipments are smooth, and start-up sentiment is high.

As for all-steel tyres, because of the slow start of end demand, more enterprises' shipping policy will be mainly stable.



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