China’s tire exports record two-digit dips in first quarter

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Beijing – China’s tire exports fell 11.3% year on year in the first quarter of 2020 to 102 million units, according to latest figures by General Administration of Customs.

Export value – presented in US dollars –  for the quarter stood at $3 billion (€2.8 billion), representing a 13.2% drop year-on-year, the Chinese agency noted. Weight of such exports fell by 6.9% to 1.3 million tonnes.

Read the source article at European Rubber Journal