TYRE PRODUCTION SHIFTS TO SOUTHEAST ASIA

High-cis polybutadiene rubber (PBR) will be exported to Southeast Asia. The supply of high cis PBR will be longer than expected this year. Deep-sea suppliers from China and India are exporting their produce to Southeastern Asia. However, a slump in auto markets can be experienced in China and India.

Competition in the market share of the tyre industry will be tough in 2020. Chinese PBR makers have stepped into the supplying industry ....