Fujian tire exports grow rapidly

The reporter recently learned from the Fuzhou Customs that the province had exported 32.85 million tires in the first 11 months of 2010, an increase of 27.6% over the same period in 2009; the total value was 460 million US dollars, an increase of 34.8%; the average export price was each. 13.9 US dollars, up 5.7%. Among them, most tyres are exported to the European Union and the United States in the form of processing trade.

At present, the tire industry is worth paying attention to several issues: As the economic stimulus policies of various countries gradually withdraw, the recovery of the global automotive industry is weakening; overcapacity in the industry intensifies the rise of tire inventory, inventory growth is much faster than the output growth, and the price of natural rubber rises. The company's profit margins, domestic 42 tire companies, production cost costs rose by nearly 30%, profits fell by 20.6%; deteriorating trade environment increased operating pressure, such as the United States on China's tire increase anti-dumping countervailing duties and other trigger global effects.

Faced with this situation, customs officials suggested that: “Tire Industry Policy” promulgated by the Ministry of Industry and Information Technology should be strictly enforced on October 11, 2010 to establish entry barriers for the tire industry, curb overheating of tire industry investment, encourage mergers and acquisitions of advantageous companies, and effectively integrate Capacity; Encourage enterprises to reduce costs through new materials research and development, internal potential and efficiency enhancement, etc., strengthen independent innovation and promote industrial restructuring; optimize export structure, actively explore emerging markets, expand domestic market, and reduce trade friction risk.

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