Natural rubber prices rise China imports a lot of Vietnamese truck tires

According to the report of Vietnam’s “Ho Chi Minh City Law News” website on July 18, 2011, the Ministry of Industry and Trade of Vietnam revealed that since the beginning of June, China has imported more than 15,000 pieces of truck tires from Vietnam. Chinese importers said that Vietnam's truck tires have reached various technical standards and parameters, and the prices are reasonable.

According to the report, due to the recent high natural rubber prices and the continuous upward trend, the automobile tire manufacturers in Guangxi, Yunnan, and Guangdong have been severely impacted, resulting in unbalanced supply and demand of tires. Some Chinese companies have turned from imported rubber to imported tires.

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