10 Jul 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 |
2-3 July |
9-10 July |
Change |
|
Bridgestone Corp. |
Yen3,505 |
Yen3,572 |
+1.9% |
|
Goodyear |
$6.46 |
$6.50 |
+0.6% |
|
Hankook |
KRW67,300 |
KRW70,700 |
+5.1% |
|
Michelin |
€34.66 |
€34.24 |
-1.2% |
|
Nokian Tyres |
€12.17 |
€12.67 |
+4.1% |
|
Pirelli |
€6.83 |
€6.71 |
-1.8% |
|
Sumitomo Rubber (SRI) |
Yen2,172 |
Yen2,194 |
+1.0% |
|
Yokohama Rubber (YRC) |
Yen7,570 |
Yen7,505 |
-0.9% |
|
ZC Rubber |
CNY45.20 |
CNY47.59 |
+5.3% |
Selected rubber product manufacturers’ share-price trends
|
Company |
2-3 July |
9-10 July |
Change |
|
Avon Technologies |
£17.84 |
£17.32 |
-2.9% |
|
Cooper-Standard |
$26.41 |
$27.01 |
+2.3% |
|
Datwyler |
CHF155.80 |
CHF152.40 |
-2.2% |
|
Hexpol |
SEK72.65 |
SEK72.00 |
-0. 9% |
|
Sanok Rubber |
PLN21.30 |
PLN21.80 |
+2.4% |
|
Semperit |
€14.70 |
€14.85 |
+1.0% |
|
Top Glove |
MYR0.68 |
MYR0.67 |
-1.5% |
|
Trelleborg |
SEK411.00 |
SEK406.60 |
-1.1% |
MATERIALS
Natural rubber
NR futures have gained modestly with all major exchanges showing ‘marginal’ increases over the trading week ended 3 July. Fresh buying interest and short covering on the Shanghai’s INE market, together with improved physical demand, supported prices following a recent sharp decline, reported Japan Exchange Group. In Osaka, Japan, OSE’s weekly trading volume reached its “highest level of the year.” Weekly trading volume “declined sharply” across the SHFE, INE, and SICOM, while OSE recorded a modest increase, with prices trading largely sideways in a consolidation phase.
Selected rubber futures price trends on major trading exchanges
|
Exchange |
Commodity |
Delivery |
Week to 26/6/26 |
Week to 3/7/26 |
% Change |
|
Osaka |
RSS3 |
Sept ‘26 |
405.5 (JPY) |
402.7 (JPY) |
-0.7% |
|
SHFE |
SCR/RSS |
Sept ‘26 |
16,625 (CNY) |
16,710 (CNY) |
+0.5% |
|
INE |
TSR |
Sept ’26 |
14,350 (CNY) |
14,440 (CNY) |
+0.6% |
|
SICOM |
TSR20 |
Sept ‘26 |
208.8 (US$c) |
213.5 (US$c) |
+2.3% |
|
SHFE |
BR |
Sept ‘26 |
12,025 (CNY) |
11,940 (CNY) |
-0. 7% |
(ERJ calculation for selected futures pricing, as tracked by JPX) S
PROJECTS
Recently reported capacity additions & expansions
|
Reported |
Company |
Project |
Location |
Capex |
Details |
|
8 July |
Wanli Tire, Berjaya Group |
New tire manufacturing plant |
Bukit Tagar, Selangor, Malaysia |
€280m |
70/30 Wanli-led JV to establish plant to make 5m/yr PCRs, 1.2m/yr TBRs |
|
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 |
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
Top news items this week
Industry association Tyres Europe expects the upcoming Euro 7 regulation to have a major impact on tire markets across the EU, particularly as it is the first such legislation anywhere in the world to regulate and set standards for particulate emissions from tire abrasion. Read more
The European Commission (EC) has imposed definitive anti-dumping duties ranging from 4.3% to 45.3% on passenger car and light truck tire imports from China, concluding that dumped imports caused "material injury" to the EU tire industry. Read more
Continental AG has agreed to sell its ContiTech industrial and materials arm to investment firm Lone Star Funds in a deal worth €4.0 billion. Read more
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