Tianjin Export of Tyre: QTY Up & Price Down in Jan 2019

[2019-02-28]

According to China Customs statistics, in January 2019, Tianjin exported pneumatic rubber tires 5.204 million pieces, an increase of 9.3% year-over-year; the total value was 340 million yuan, down 8.4%; average export price was 66 yuan per piece, down 16.2%.

(1) International trade protectionism affected the export prices.

(2) The depreciation of Renminbi and the adjustment of export rebate were in support of the increasing tire export.


Source: ETCN