China Rubber Association Releases Statistical Analysis of the Rubber Industry from January to November 2011

From January to November 2011, the overall economic operation of China's rubber industry has stabilized, and it will achieve substantial growth throughout the year; export growth will continue to show a downward trend, but the structure of export products will be steadily adjusted; raw material prices will fluctuate significantly and increase. The difficulty in controlling the cost of the industry and the decline in industry profits.

According to statistics of 414 key member companies of 11 branches, tires, tires, hoses, rubber products, rubber shoes, latex, carbon black, waste rubber, mechanical molds, rubber additives, and skeleton materials, completed in January-November. The current gross industrial output value was 279.442 billion yuan, a year-on-year increase of 18.66%; sales revenue was 278.175 billion yuan, an increase of 19.38%; and export delivery value was 80.283 billion yuan, an increase of 30.08%. From January to November, the industry realized profits and taxes of 14.912 billion yuan, a year-on-year decrease of 6.11%, and a profit of 9.042 billion yuan, a year-on-year decrease of 5.42%; of the 338 key enterprises (not including additives and skeletons), there were 55 losses, with a loss of 16.27%; The loss amounted to 728 million yuan.