3 Jul 2026
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 |
25-26 June |
2-3 July |
Change |
|
Bridgestone Corp. |
Yen3,360 |
Yen3,505 |
+4.3% |
|
Goodyear |
$6.29 |
$6.46 |
+2.7% |
|
Hankook |
KRW59,900 |
KRW67,300 |
+12.4% |
|
Michelin |
€33.82 |
€34.66 |
+2.5% |
|
Nokian Tyrs |
€12.19 |
€12.17 |
-0.7% |
|
Pirelli |
€6.48 |
€6.83 |
+5.4% |
|
Sumitomo Rubber (SRI) |
Yen2,176 |
Yen2,172 |
-0.2% |
|
Yokohama Rubber (YRC) |
Yen7,577 |
Yen7,570 |
-0.1% |
|
ZC Rubber |
CNY44.58 |
CNY45.20 |
+1.4% |
Selected rubber product manufacturers’ share-price trends
|
Company |
25-26 June |
2-3 July |
Change |
|
Avon Technologies |
£17.44 |
£17.84 |
+2.3% |
|
Cooper-Standard |
$28.06 |
$26.41 |
-5.9% |
|
Datwyler |
CHF161.40 |
CHF155.80 |
-3.5% |
|
Hexpol |
SEK72.90 |
SEK72.65 |
-0.3% |
|
Sanok Rubber |
PLN21.20 |
PLN21.30 |
+0.5% |
|
Semperit |
€15.00 |
€14.70 |
-2.0% |
|
Top Glove |
MYR0.70 |
MYR0.68 |
-2.9% |
|
Trelleborg |
SEK421.40 |
SEK411.00 |
-2.5% |
MATERIALS
Natural rubber
NR futures ended the final full trading week of June “sharply lower,” amid stronger supply and lower crude prices. Over the five days to 26 June, commodity funds and speculators were estimated to have unwound long positions, triggering widespread stop-loss selling, reported Japan Exchange Group (JPX). The market watcher said over 250kt of rubber futures contracts were liquidated across the SHFE and INE markets during the week – resulting in "the sharpest weekly price decline this year." Pricing, noted JPX, was influenced by expectations of higher interest rates and a stronger US dollar, a decline in crude oil prices, and improving NR supply.
Selected rubber futures price trends on major trading exchanges
|
Exchange |
Commodity |
Delivery |
Week to 19/6/26 |
Week to 26/6/26 |
% Change |
|
Osaka |
RSS3 |
Sept ‘26 |
433.5 (JPY) |
405.5 (JPY) |
-6.9% |
|
SHFE |
SCR/RSS |
Sept ‘26 |
17,780 (CNY) |
16,625 (CNY) |
-6.5% |
|
INE |
TSR |
Sept ’26 |
15,440 (CNY) |
14,350 (CNY) |
-7.1% |
|
SICOM |
TSR20 |
Sept ‘26 |
228.4 (US$c) |
208.8 (US$c) |
-8.6% |
|
SHFE |
BR |
Sept ‘26 |
12,915 (CNY) |
12,025 (CNY) |
-6.9% |
(ERJ calculation for selected futures pricing, as tracked by JPX)
PROJECTS
Recently reported capacity additions & expansions
|
Reported |
Company |
Project |
Location |
Capex |
Details |
|
2 July |
Solvay |
Start-up of waste sand-based silica production |
Qingdao, China, and Gunsan, South Korea |
n/s |
Follows recent launch of Livorno, Italy silica unit, which uses rice husk ash feedstock |
|
1 July |
Pirelli |
Major US investment plan |
US |
$1-1.2bn |
Pending approval at upcoming board meeting |
|
1 July |
Covestro |
Build a new 660ktpa MDI production train |
Shanghai, China |
n/s |
Also feasibility study for a second plant in UAE |
|
1 July |
Pyrum Innovations
|
Project to establish tire pyrolysis plant |
Perl-Besch, Germany |
n/s |
Moving ahead following delays linked to issues (now resolved) at flagship Dillingen plant |
|
25 June |
Wanli Tire |
To raise funds via IPO to fund for five projects |
Cambodia, China, Malaysia |
Yuan2bn (€258m) |
Tire prod’n base in Malaysia - Yuan930m. Yuan310m to upgrade R&D centre. Yuan180m its new plants in Cambodia. Expansion of Conghua prod’n base. |
|
25 June |
Bolder Industries
|
'Final permit' to build first European facility - 86 ktpa ELT unit to produce rCB, pyrolysis oil |
Port of Antwerp-Bruges, Belgium |
n/s |
Phase 1, 43ktpa. Phase 2 to double capacity. Facility designed to divert nearly 6m ELTs |
|
24 June |
Dow |
Plan to expand silicones manufacturing and R&D by yearend 2027 |
China, Japan, US |
$100m |
LSR prod.n: Carrollton, Kentucky; Zhangjiagang, China. Eng. silicone materials, Songjiang, China; Fukui, Japan. Also expansions in: Auburn, Michigan; Zhangjiagang |
|
23 June |
Linglong Tire |
Launched phase II expansion of its tire plant |
Zrenjanin, Serbia |
€500m |
Add annual capacity for: 800k TBRs, 150k ag tires, 50k eng. tires, 100k retreads, 6kt liquid recycled rubber |
|
23 June |
Nexen Tire |
Expanded the automated finished goods warehouse at tire plant |
Zatec, Czech Republic |
n/s |
Expanding storage capacity from about 530k units to about 830k units |
|
22 June |
Longmarch Group |
Breaks ground on tire plant |
Ain Sokhna industrial zone, Egypt |
EGP9.5bn (€160m) |
Phase I: 600k/yr TBRs. Phase II: Up TBR capacity to 1m units/yr; add the capacity to produce 4.5m/yr car tires |
|
19 June |
Wacker Chemie |
Officially opened new silicone production site |
Karlovy Vary, Czech Republic |
n/s |
‘Customised’ RTV silicones and solid silicone rubber for automotive, appliances, medical, energy sectors |
|
10 June |
Orion SA |
Circular carbon black production |
Qingdao, China |
n/s |
Started up facility making three grades |
|
3 June |
Mitsui Chemicals |
Started up 120ktpa polyolefin elastomers plant |
Jurong Island, Singapore |
n/s |
Limited operating rates due to market conditions |
|
3 June |
TVS Srichakra |
Expand 21-23m tires/yr 2W plant, 75/85ktpa OHT plant |
Vellaripatti, Madurai, Tamil Nadu, India |
Up to INR2.2bn (€20m) |
2-wheeler plant capacity +5% by H1/f29; OHT +25% by H1/f28 |
|
2 June |
JK Tyre |
Phases expansions |
Chennai and Vikrant (TBR) Chennai (PCR), India |
About $530m (€454m) |
increase group radial tire capacity in India by "around 24% over the next few years…” |
BUSINESS
Financial results reported over recent weeks
|
Company |
Period |
Sales |
YoY change |
Earnings |
YoY change |
|
TSRC Corp. |
Q1/26 |
NT$10.33bn (Taiwan) |
~0% |
NT$651m1 |
+32% |
|
NOK Corp. |
fFY26 (to 31/3/26) |
Yen738.4bn (€4bn) |
-3.7% |
Yen33.0bn |
-11.5% |
|
Avon Technologies |
fH1/26 (to 31/3/26) |
GBP160.8m |
+6.8% |
GBP24.4m1 (Adjusted) |
+39.4% |
|
JK Tyre |
fFY/26 (to 31/3/26) |
$1,746m |
+11% |
$222m3 |
+25% |
|
Fukoku Co. ERJ report |
fFY/26 (to 31 March) |
Yen90bn (€487m) |
+0.4% |
Yen3.8bn1 |
-19.4% |
|
Hankook – Tire business |
Q1/26 |
KRW2.57trn |
+9.3% |
KRW437.5bn1 |
+31% |
|
Toyo Tire Corp. – Group |
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 |
1(Segment) operating income; 2EBIT; 3EBITDA, 4Business profit; 5Net income; 6EBITA
MARKETS
The natural rubber market is expected to face both “opportunities for price appreciation” and “heightened volatility" over the coming months as global macroeconomic pressures and geopolitical risks continue to shape supply and demand. ERJ report
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
Already a subscriber? Log in here
