22 May 2026
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Review of the key figures and data to emerge over the last seven days from leading players worldwide
SHARE PRICES
Selected tire manufacturers’ share-price trends
|
Company |
14-15 May |
21-22 May |
Change |
|
Bridgestone Corp. |
Yen3,420 |
Yen3,327 |
-2.7% |
|
Goodyear |
$5.81 |
$5.88 |
+1.2% |
|
Hankook |
KRW61,800 |
KRW61,800 |
0.0% |
|
Michelin |
€31.94 |
€31.20 |
-2.3% |
|
Nokian Tyres |
€10.50 |
€10.31 |
-1.8% |
|
Pirelli |
€6.24 |
€6.06 |
-2.9% |
|
Sumitomo Rubber (SRI) |
Yen2,017 |
Yen1,942 |
-3.7% |
|
Yokohama Rubber (YRC) |
Yen6,474 |
Yen6,356 |
-1.8% |
|
ZC Rubber |
CNY47.40 |
CNY47.29 |
-0.2% |
Selected rubber product manufacturers’ share-price trends
|
Company |
14-15 May |
21-22 May |
Change |
|
Avon Technologies |
£15.42 |
£16.60 |
+7.7% |
|
Cooper-Standard |
$29.08 |
$27.37 |
-5.9% |
|
Datwyler |
CHF165.40 |
CHF157.20 |
-5.0% |
|
Hexpol |
SEK74.40 |
SEK75.30 |
+1.2% |
|
Sanok Rubber |
PLN21.50 |
PLN21.60 |
+0.5% |
|
Semperit |
€15.00 |
€15.00 |
0.0 % |
|
Trelleborg |
SEK392.00 |
SEK395.40 |
+0.9% |
MATERIALS
Natural rubber
NR futures ended the second trading week of May lower across major exchanges amid “profit-taking by commodity funds and long liquidation,” reported Japan Exchange Group. “Persistently high crude oil prices” linked to the ongoing Middle East conflict also continued to raise inflationary concerns, it said. According to JPX, recent price rallies had attracted more than 500kt of new long rubber futures positions. Commodity funds are estimated to have liquidated around one-third of those positions, equivalent to about 200kt, during the past week.
Selected rubber futures price trends on major trading exchanges
|
Exchange |
Commodity |
Delivery |
Week to 8/5/26 |
Week to 15/5/26 |
% Change |
|
Osaka |
RSS3 |
Sept ‘26 |
411.2 (JPY) |
408.9 (JPY) |
-0.6% |
|
SHFE |
SCR/RSS |
Sept ‘26 |
17,895 (CNY) |
17,600 (CNY) |
-1.7% |
|
INE |
TSR |
Sept ’26 |
15,355 (CNY) |
15,015 (CNY) |
-2.2% |
|
SICOM |
TSR20 |
Sept ‘26 |
219.6 (US$c) |
219.1 (US$c) |
-0.2% |
|
SHFE |
BR |
July ‘26 |
15,665 (CNY) |
15,615 (CNY) |
-0.3 % |
(ERJ calculation for selected futures pricing, as tracked by JPX)
BUSINESS
Financial results reported over recent weeks
|
Company |
Period |
Sales |
YoY change |
Earnings |
YoY change |
|
Hankook – Tire business |
Q1/26 |
KRW2.57trn |
+9.3% |
KRW437.5bn1 |
+31% |
|
Toyo Tire Corp. – Group ERJ report |
Q1/26 |
Yen130.9bn (€708m) |
-3.4% |
Yen20.6bn |
-8.1% |
|
Toyo - Tire business |
Q1/26 |
Yen119.3bn |
-3.6% |
Yen20bn |
-8.5% |
|
Sumitomo (SRI) – Group |
Q1/26 |
Yen302bn |
+5.0% |
Yen16.8bn |
+18.8% |
|
Sumitomo (SRI) – Tires |
Q1/26 |
Yen258bn |
+6.3% |
Yen14.8bn |
+35.0% |
|
Denka - Elastomers & Infrastructure |
fFY/25 (To 31/5/26) |
Yen97.5bn (€528m) |
-12.6% |
Yen68m1 |
Vs loss Yen7.9bn |
|
Yokohama Rubber - Group |
Q1/26 |
Yen303.8bn (€1.6bn) |
+10.4% |
Yen44.4bn4 |
+84.6% |
|
Yokohama Rubber- Tires |
Q1/26 |
Yen278.118bn |
+11.1% |
Yen42bn4 |
+91% |
|
Tokai Carbon Carbon blacks |
Q1/26 |
Yen38.7bn (€210m) |
-0.5% |
Yen3.2bn1 |
-28.4% |
|
Semperit |
Q1/26 |
€163.7m |
+7.9% |
€26.8m3 |
+141% |
|
Zeon Corp. Elastomer |
fFY26 (to 31/3) |
Yen223.7bn |
-5.4% |
Yen11.7bn1 (€63m) |
+7% |
|
Cooper Standard |
Q1/26 |
$686.4m (€582m) |
+2.9% |
$51.0m3 (adjusted) |
-13% |
|
BKT |
fFY/26 (to 31/3) |
INR106.6bn (€950m) |
~0% |
INR24.2bn2 |
-10% |
|
Pyrum Innovations |
Q1/26 |
€4.1m |
~100% |
-€8.7m2 |
~0% |
|
Cabot Rubber Reinforcement |
Q1/26 |
$544m |
-8.4% |
$93m2 |
-29% |
|
Continental Tire |
Q1/26 |
€3.253bn |
-4.7% |
€467m2 Adjusted |
+2.2% |
|
ContiTech |
Q1/26 |
€1,159m |
-24.4% |
$92m2 adjusted |
+17.9% |
|
Goodyear |
Q1/26 |
$3.9bn |
-8.7% |
$95m1 |
-51.3% |
|
Hexpol |
Q1/26 |
SEK4.8bn (€440m) |
-11% |
SEK701m2 |
-16% |
|
Michelin |
Q1/26 |
€6.17bn |
-5.4% |
n/s |
n/s |
1(Segment) operating income; 2EBIT; 3EBITDA, 4Business profit; 5Net income; 6EBITA
PROJECTS
Recently reported capacity additions & expansions
|
Reported |
Company |
Project |
Location |
Capex |
Details |
|
21 May |
Huangpu Tire Technology (Inner Mongolia) |
New aviation, speciality tire plant |
Inner Mongolia, China |
Yuan1.2bn (€150m) |
Approval to build unit to make: 80k/yr specialty engineering tires, 15k/yr new aviation tires, 15k/yr retread aviation tires |
|
20 May |
Jiahua Energy Chemical Industry |
New 240ktpa synthetic rubber plant |
Zhejiang province, China |
Yuan1.25bn (€160m) |
Construction planning public notice issued |
|
13 May |
Linglong Tire |
Terminated plans for new tire plant |
Tongchuan, Shaanxi, China |
(€800m) |
Announced 2021: capacity to produce 15.2m/yr radial tires and 500k/yr retreads |
|
8 May |
Toyoda Gosei |
Invest in high growth areas |
Including N America, India, and Brazii |
Yen72bn (€390m) |
Also reforms of Chinese operaions |
|
7 May |
Pirelli |
Plans to start producing ‘cyber tire’ |
Rome, Georgia |
n/s |
US expansion |
|
6 May |
Service Long March Tyres |
IPO to part finance new PCR tire plant |
Pakistan |
PKR22.5bn |
Phase I capacity of 2m units/yr rising to 3m units/yr by 2030 / |
|
5 May |
Linglong Tire |
New tire manufacturing site |
Borg El Arab, Egypt |
$2bn (€1.7bn) |
In talks with Egyptian govt. |
|
27 April |
Daikin Chemicals |
New FFKM plant |
At Kashima, Japan site |
n/s |
Treble 2022 capacity -level from 2027 |
|
22 April |
SaarGummi |
Expand manufacturing base |
Chennai, India |
n/s |
Launched new unit with output including EPDM, TPV sealing |
|
21 April |
Sailun Group |
Expand tire production |
Ataqa, Suez, Egypt |
€242m |
Add 6m/yr PCR and 1.05m/yr TBR capacity |
MARKETS
The German rubber industry is facing an “exceptionally difficult economic situation” amid soaring raw material and energy costs and weak industrial demand, said industry association the WDK. ERJ report
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