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China's rubber consumption prospects "maintain relatively healthy"
- Categories:Industry news
- Time of issue:2009-03-25 10:16
- Views:
(Summary description)A senior person in China's rubber industry said on Monday that although the global economic crisis may cause the recent slowdown in rubber consumption growth, the long-term outlook remains relatively healthy. Fan Rende, chairman of the China Rubber Industry Association, pointed out that "the development of China's automobile industry, road construction and transportation industry means that the domestic demand for tires and other rubber products is still strong." In 2008, China's consumption of natural rubber and synthetic rubber increased by 7.7% over the previous year, of which natural rubber consumption reached 2.59 million tons, of which 1.68 million tons came from imports, an increase of 2% year-on-year.
China's rubber consumption prospects "maintain relatively healthy"
(Summary description)A senior person in China's rubber industry said on Monday that although the global economic crisis may cause the recent slowdown in rubber consumption growth, the long-term outlook remains relatively healthy.
Fan Rende, chairman of the China Rubber Industry Association, pointed out that "the development of China's automobile industry, road construction and transportation industry means that the domestic demand for tires and other rubber products is still strong."
In 2008, China's consumption of natural rubber and synthetic rubber increased by 7.7% over the previous year, of which natural rubber consumption reached 2.59 million tons, of which 1.68 million tons came from imports, an increase of 2% year-on-year.
- Categories:Industry news
- Time of issue:2009-03-25 10:16
- Views:
Information
A senior person in China's rubber industry said on Monday that although the global economic crisis may cause the recent slowdown in rubber consumption growth, the long-term outlook remains relatively healthy.
Fan Rende, chairman of the China Rubber Industry Association, pointed out that "The development of China's automobile industry, highway construction and transportation industry means that the domestic demand for tires and other rubber products is still strong."
In 2008, China's natural rubber and synthetic rubber consumption increased by 7.7% over the previous year, of which natural rubber consumption reached 2.59 million tons, of which 1.68 million tons came from imports, an increase of 2% year-on-year.
In 2008, China's automobile tire production increased by 14.4% year-on-year to 350 million.
China is the world’s largest consumer of natural rubber, and tire exports account for 40% of rubber products exports.
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