Global Commodities Alternative Data and Insights

Helixtap

Helixtap collects, processes and distributes proprietary data, analyses and forecasts for the rubber, latex and automotive markets

CEO, Helixtap

Farah Miller

Commodities

<ul><li>China continues to lag global tire markets Global tire industry in November 2022 We have teamed up with Tire Industry Research, based in the United Kingdom, for this article.</li><li>Tire Industry research provides reports and research on the global tire industry.  (07 Dec) The tire industry continues to be dogged by uncertainty and lack of visibility for the future.</li><li>China is the biggest drag on tire volumes around the world. That is explained best in these two charts Road passenger traffic (including cars, trucks and buses) in China has dropped by around 60% compared with the pre-covid period, while US miles driven is at almost the exact same level as pre-Covid. While the correlation between passenger miles and tires sold is not exact, there is clearly a connection.</li></ul>

China continues to lag global tire markets Global tire industry in November 2022 We have teamed up with Tire Industry Research, based in the United Kingdom, for this article.Tire Industry research provides reports and research on the global tire industry.  (07 Dec) The tire industry continues to be dogged by uncertainty and lack of visibility for the future.China is the biggest drag on tire volumes around the world. That is explained best in these two charts Road passenger traffic (including cars, trucks and buses) in China has dropped by around 60% compared with the pre-covid period, while US miles driven is at almost the exact same level as pre-Covid. While the correlation between passenger miles and tires sold is not exact, there is clearly a connection.

China Continues To Lag Global Tire Markets

SGX Rubber Future TSR20

China Continues To Lag Global Tire Markets