Latest Update: Rubber Bulletin — June 2021

Update: In April 2021, monthly US light vehicle sales hit their highest April level ever. Retail sales dominate, even though parts shortages keep inventories lean. With the improving economy, miles driven are rising, but remain below pre-COVID levels. Replacement tyre sales have recovered faster, in part due to inventory rebuilding. Longer term, the replacement ratio may fall if miles driven remain lower, due partly to new working patterns.

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How have the US tariffs on Chinese LV tyre imports affected trade from Asia?


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