20 Mar 2026
Review of key figures and data to emerge over the last seven days from leading players worldwide
SHARE PRICES
Selected tire manufacturers’ share-price trends
|
Company |
12-13 March |
19-20 March |
Change |
|
Bridgestone Corp. |
Yen3,416 |
Yen3,271 |
-4.2% |
|
Goodyear |
US$7.28 |
US$6.44 |
-11.5% |
|
Hankook |
KRW57,600 |
KRW57,000 |
-1.0% |
|
Michelin |
€30.55 |
€28.78 |
-6.0% |
|
Nokian Tyres |
€9.50 |
€9.23 |
-2.8% |
|
Pirelli |
€5.78 |
€5.56 |
-3.8% |
|
Sumitomo Rubber (SRI) |
Yen2,172 |
Yen2,060 |
-5.2% |
|
Yokohama Rubber (YRC) |
Yen6,391 |
Yen6,066 |
-5.1% |
|
ZC Rubber |
CNY51.74 |
CNY48.66 |
-6.0% |
Selected rubber product manufacturers’ share-price trends
|
Company |
12-13 Mar |
19-20 Mar |
Change |
|
Avon Technologies |
£18.68 |
£17.56 |
-6.0% |
|
Cooper-Standard |
$31.22 |
$28.44 |
-8.9% |
|
Datwyler |
CHF152.80 |
CHF142.00 |
-7.1% |
|
Hexpol |
SEK72.95 |
SEK69.15 |
-5.2% |
|
Sanok Rubber |
PLN21.30 |
PLN20.90 |
-1.9% |
|
Semperit |
€12.28 |
€14.84 |
+20.9% |
|
Trelleborg |
SEK366.10 |
SEK338.50 |
-7.5% |
MATERIALS
Natural rubber
NR futures ended the second trading week of March “mostly higher” across major exchanges, supported by short covering and rising crude oil prices amid geopolitical tensions in the Middle East. According to Japan Exchange Group, prices were supported partly by a sharp rise in crude oil prices linked to the ongoing war in the Middle East. Market sentiment was also influenced by concerns over potential supply-chain disruptions after Iran closed the Strait of Hormuz. In addition, the market is entering the wintering season in the Northern Hemisphere, affecting output in major producing countries.
Selected rubber futures price trends on major trading exchanges
|
Exchange |
Commodity |
Delivery |
Week to 06/03/26 |
Week to 13/03/26 |
% Change |
|
Osaka |
RSS3 |
May‘26 |
365.5 (JPY) |
371.1 (JPY) |
+1.5% |
|
SHFE |
SCR/RSS |
May‘26 |
16,650 (CNY) |
16,990 (CNY) |
+1.5% |
|
INE |
TSR |
May‘26 |
13,425 (CNY) |
13,555 (CNY) |
+1.0% |
|
SICOM |
TSR20 |
May‘26 |
195.4 (US$c) |
194.9 (US$c) |
-0.3% |
|
SHFE |
BR |
Mar‘26 |
14,430 (CNY) |
15,760 (CNY) |
+9.2% |
(ERJ calculation for selected futures pricing, as tracked by JPX)
Financial results reported over recent weeks
|
Company |
Period |
Sales |
YoY change |
Earnings |
YoY change |
|
Top Glove |
fH1/26 (to 28 Feb 26 |
RM1.9bn (€420m) |
+7% |
RM69m (PATAMI) |
+92% |
|
Bekaert SA Rubber reinforcement |
FY/25 |
€1.65bn |
-4% |
€218m3 |
-6.4% |
|
Continental Tires |
FY/26 forecast |
€13.2-14.2bn |
n/a |
13.0-14.5% (margin2) |
n/a |
|
ContiTech |
FY/26 forecast |
€4.2-4.8bn |
n/a |
7.0-8.5% (margin2) |
n/a |
|
Bekaert Rubber reinforcement |
FY/25 |
€1.65bn |
-4% |
€218m3 |
-6.4% |
|
Continental Tires |
Q4/25 |
€3,677m |
+0.8% |
€511m2 (adjusted) |
0.0% |
|
Continental Tires |
FY/25 |
€13,798m |
-0.5% |
€2.6bn2 (adjusted) |
-2.5% |
|
ContiTech |
Q4/25 |
€1,552m |
-5.2% |
€121m2 (adjusted) |
+163.0% |
|
ContiTech |
FY/25 |
€6.0bn |
-6.0% |
€316m2 (adjusted) |
-19.4% |
|
Yokohama Rubber Co. |
FY/26 (forecast) |
Yen1,300bn |
+5.3% |
Yen188bn4 |
+13.0% |
1(Segment) operating income; 2EBIT; 3EBITDA, 4Business profit; 5Net income; 6EBITA
PROJECTS
Recently reported capacity additions & expansions
|
Reported |
Company |
Project |
Location |
Capex |
Details |
|
17 March |
Mesalas |
New tire plant |
Afyon, Turkey |
€300m |
Started up early 2026, focus on farm and industrial tires |
|
16 March |
Pirelli |
New 3.5m units/yr car tire plant |
KAEC, eastern Saudi Arabia |
€480m |
Expects prod’n to start Q3/27 |
|
12 March |
MRF Ltd |
New tire plant |
Iluppaikudi, Sivagangai India |
INR53bn |
MoU with the government of Tamil Nadu |
|
5 March |
Himile Group |
Tire mould and industrial parts plant |
Egypt |
$100m (€85m) |
Formal establishment’ due H1/26 |
|
5 March |
Mitsui Chemicals |
120ktpa polyolefin elastomers plant |
Jurong Island, Singapore |
n/s |
Start-up expected in fiscal 2026 |
|
3 Mar |
Nitta Corp. |
New factory at the existing site |
Haveli, Pune, India |
INR835m |
Belts, hoses, tubes, AC parts |
|
25 Feb |
BKT |
Enter India consumer tire, commercial on-road tire markets |
India |
INR35bn (€325m) |
Fund manufacturing capacity expansion, R&D, distribution |
BUSINESS
Goodyear Tire & Rubber Co. has announced a new phase of restructuring within its Europe, Middle East and Africa (EMEA) operations designed to “simplify operations and reduce internal complexity”. The proposed changes will impact 600 roles across sales and support functions. ERJ report
Titan International Inc. is to close its tire manufacturing facility in Jackson, Tennessee by the end of October as part of plans to “consolidate production” and improve operational efficiency in North America. ERJ report
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