Market and product
China’s Fujian exports 32.85 million tyres
The production increase by Southeast China's Province signalling a 27.6 per cent year-on-year increase in shipments, according to a report from the province's customs officials.
The huge increase in production and exports came at a time when wholesalers importing Chinese tyre products into mature European markets such as the UK and struggle to negotiate supply issues and brace themselves for another round of price increases.
The total value of the tyres sold is said to have amounted to $460 million, a jump in value of 34.8 per cent over the corresponding period of 2009. The export price averaged $13.9 per unit, up 5.7 per cent from 2009
