According to the latest data released by the National Bureau of Statistics, China's output of rubber tire casings reached 102.658 million units in July 2026, an increase of 8.1% year-on-year.

Natural rubber is a core raw material for tire production; the 8.1% year-on-year rise in domestic tire casing output in July 2026, coupled with positive demand expectations, has provided support for spot prices. In the futures market, the closing price for the natural rubber benchmark contract (2701) on August 20, 2026, was 18,460 RMB/tonne—up 185 RMB/tonne from the previous trading day. Both trading volume and open interest saw significant increases, reflecting strong bullish sentiment in the market.

Butadiene rubber is another key raw material for tire production; the year-on-year growth in tire output has boosted demand expectations, benefiting spot prices. In the futures market, the butadiene rubber benchmark contract (2610) traded steadily on August 20, 2026, with a rise in open interest, as favorable demand factors provided support for futures prices.

Styrene-butadiene rubber (SBR) is a primary synthetic rubber raw material for tire production; the 8.1% year-on-year increase in domestic tire casing output in July 2026 strengthened demand-side support, benefiting SBR spot prices.

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