According to Zhuo Chuang Information Research, the early tire market experienced a rise and fall. The industry expressed its frustration. Perhaps the industry has already guessed this result. In November, in the off-season of traditional demand, under the triple pressure of cost pressure, high inventory, and weak demand, in order to boost the market and increase sales, individual tire companies in Shandong have finally been unable to withstand the pressure, and recently lowered the factory price by 3-4%. For a three-pack tire, a price war for the market is proceeding in a disorderly manner.

With the sudden drop in temperatures in the Northeast and North China, rains and snows continue to hit, and transportation and logistics are seriously affected. The sales of all-steel tires in the northeast and north China regions are not good, and sales in other regions have been unsatisfactory due to weak demand. Most agents and distributors have stated that by the end of the year, there will be no major changes in the domestic steel tire market. Sales in December may be even worse than in November. Even if prices are cut, it is difficult to stimulate sales to meet expectations.

Zhuo Chuang information monitoring data shows that this week, the tire steel enterprises in Shandong started to work at 71.5%, which is 1.2% lower than last week. Most of the large-scale manufacturers started to hold steady compared to last week. Some manufacturers affected the start-up load due to regional power restrictions or line modifications, which caused the entire steel tires operating rate in Shandong to drop slightly from last week.

Shandong Xingyuan has a daily output of 13000-14000 steel tires, and there are expansion plans in the later period. Exquisite all-steel tires have a daily output of about 110 million pieces. The start of the work is stable compared to last week. The main products are exported and supporting markets. The total output of steel tires in the triangle is about 9,500, and the start of production is stable compared to last week. The main products are exported and supporting markets. The daily output of Shandong Jinyu All-steel Tire is about 8,500, and the start of work is stable compared to last week. The repair of the local line has been completed and there will be an engineering expansion plan for the next year. Shandong Deruibao Steel Tire Co., Ltd. has a daily production capacity of about 5,500 pieces, which is stable compared to last week and the inventory is about 120,000 sets. Shandong Yinbao All-steel tires have a daily output of about 4,000 pieces. The construction started last week was stable and the inventory was over 110,000 sets.

This reporter learned that there are still some tire companies in Shandong have a lower price intention, the end of the month or early next month. Dealers faced the general attitude of price cuts. In the depressed and unstable market conditions, businesses are cautious and wait and see, with buying and selling. The emergence of new products, low prices to disrupt the market, coupled with pressure on the stock market, businesses do not have a positive outlook for the market outlook, Zhuo Chong believes that until the end of the year, the domestic all-steel tire market will continue to run weak, including no shortage of other manufacturers with the possibility of decline.

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