Industry news

Some essential points for maintaining forklift tires

On September 18, 2024, the General Administration of Customs released tire export data for August 2024. China's tire exports saw growth both month-on-month and year-on-year in August.

Since the beginning of this year, the natural rubber index of the Shanghai Futures Exchange has increased by over 38%, closing at 19,630 points on September 30, marking a new five-year high for the natural rubber index. Alongside the futures prices hitting new highs, spot prices of natural rubber have also reached a five-year peak. According to iFinD data, the domestic spot price of natural rubber was 17,942 yuan per tonne on September 30, a new five-year high.

Beijing, September 18, 2024 — The General Administration of Customs of China today released the latest export figures for rubber tires in August 2024, revealing a positive trend with both year-on-year and month-on-month increases in exports.