It is reported that some downstream tire companies have reported slow shipments in the domestic market, with inventory declining by 20%-30% compared to the previous month. The overall shipment performance is not optimistic, and the overall inventory growth rate has increased. Some small-scale enterprises have shown signs of reducing production to control inventory. In terms of the market, the social inventory of all steel tires is relatively sufficient, with weak terminal demand, slow delivery, and sporadic transactions between channels. In addition, most brand sellers have completed their annual task volume, and their willingness to purchase in bulk has further weakened. Overall, sellers mainly make up for shortages of conventional models and purchase in small quantities to ensure normal supply of conventional specifications. The overall demand performance has further weakened.
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