13 Nov 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 |
5–6 Nov |
12–13 Nov |
Change |
|
Bridgestone Corp. |
JPY4,256 |
JPY4,319 |
+1.4% |
|
Goodyear |
$4.55 |
$4.02 |
-1.2% |
|
Hankook |
KRW64,400 |
KRW61,200 |
-5.0% |
|
Michelin |
€33.44 |
€34.16 |
+2.2% |
|
Nokian Tyres |
€14.17 |
€14.49 |
+2.3% |
|
Pirelli |
€6.76 |
€6.92 |
+2.4% |
|
Sumitomo Rubber (SRI) |
JPY2,140 |
JPY2,158 |
-0.1% |
|
Yokohama Rubber (YRC) |
JPY7,251 |
JPY7,153 |
-1.4% |
|
ZC Rubber |
CNY40.43 |
CNY38.55 |
-4.74% |
Selected rubber product manufacturers’ share-price trends
|
Company |
5–6 Nov |
12–13 Nov |
Change |
|
Avon Technologies |
£25.05 |
£22.82 |
-8.9% |
|
Cooper-Standard |
$22.04 |
$18.95 |
-14.0% |
|
Datwyler |
CHF136.40 |
CHF135.60 |
-0.6% |
|
Hexpol |
SEK94.65 |
SEK95.65 |
+1.1% |
|
Sanok Rubber |
PLN19.45 |
PLN19.40 |
-0.3% |
|
Semperit |
€18.05 |
€17.60 |
-2.5% |
|
Top Glove |
MYR0.95 |
MYR0.93 |
−2.1% |
|
Trelleborg |
SEK464.40 |
SEK475.00 |
+2.3% |
MATERIALS PRICES
Natural rubber
NR futures continued to decline for a fourth week in a row, giving back recent gains “as upside momentum faded,” Japan Exchange Group (JPX) reported. According to JPX, improved weather conditions, including showers across major producing regions and the easing of the El Nino phenomenon, are supporting a recovery in NR output in Thailand and other ASEAN countries.
Selected natural rubber futures price trends on major trading exchanges
|
Exchange |
Commodity |
Delivery |
Week to 30/10/26 |
Week to 6/11/26 |
% Change |
|
Osaka |
RSS3 |
Jan ’27 |
433.1 (JPY) |
414.1 (JPY) |
-4.4% |
|
SHFE |
SCR/RSS |
Jan ’27 |
19,180 (CNY) |
18,620 (CNY) |
−2.9% |
|
INE |
TSR |
Jan ’27 |
16,280 (CNY) |
15,695 (CNY) |
−3.6% |
|
SICOM |
TSR20 |
Jan ’27 |
245.1 (US¢) |
237.9 (US¢) |
−2.9% |
|
SHFE |
BR |
Dec ’26 |
16,760 (CNY) |
15,385 (CNY) |
-8.2% |
(ERJ calculation for selected futures pricing, as tracked by JPX)
BUSINESS
Tire makers: Latest financial results
|
Company |
Period |
Sales |
YoY change |
Earnings |
YoY change |
|
Apollo Tyres |
fQ2/26-27 (to 30 Sept) |
INR79.7bn (€772m) |
+17% |
INR8.55bn1 |
-15.8% |
|
Bridgestone* |
Q3/26 |
Yen1162.2bn |
+10.7% |
162.4bn |
+23.7% |
|
BRISA |
Q3/26 |
TRY13.47bn |
-2% |
TRY532m5 |
+41% |
|
Ceat Ltd |
fQ2/26 |
INR47.62bn (€446m) |
+26% |
INR1.12bn |
-39.8% |
|
Continental Group |
Q3/26 |
€3.5bn |
-10% |
€514m2 (adj) |
+6.7% |
|
Goodyear |
Q3/26 |
$4,540m |
-2.3% |
$174 m1 |
-39.4% |
|
Hankook Tire |
Q3/26 |
KRW28,083bn (€1.9bn) |
+3.7% |
KRW506bn1 |
-2.6% |
|
Kumho Tire |
Q3/26 |
KRW1,237bn |
+11.1% |
KRW130.5bn1 |
+20.3% |
|
Linglong Tire |
Q3/26 |
Yuan6.88bn |
+8.4% |
(loss) - Yuan37.4m1 |
-119% |
|
Michelin Group |
Q3/26 |
€6,488 |
+3.9% |
n/s |
n/s |
|
Nexen Tire |
Q3/26 |
KRW814.8bn |
+4.4% |
KRW18.1bn1 |
-61.1 |
|
Nokian Tyres |
Q3/26 |
€359m |
+4.4% |
€80m3 |
+22.2% |
|
Pirelli |
Q3/26 |
€1.78bn |
+5.1% |
€283m2 (adj) |
+2.1% |
|
Sailun Group |
Q3/26 |
Yuan10.8bn |
+8.6% |
Yuan552m1 |
-46.9% |
|
ZC Rubber |
Q3/26 |
Yuan12.6bn |
+6.6% |
Yuan413.4m1 |
-65.3% |
1(Segment) operating income; 2EBIT; 3EBITDA, 4Business profit; 5Net income; 6EBITA / * ERJ estimate of Bridgestone results by ‘product type’
Rubber product makers: Latest financial results
|
Company |
Period |
Sales |
YoY change |
Earnings |
YoY change |
|
ElringKlinger AG |
Q3/26 |
€451m |
+14.2% |
€29.2m2 (adj) |
+37.7% |
|
Hexpol AB |
Q3/26 |
SEK5.3bn |
+13% |
SEK723m2 adj |
+5.1% |
|
Reka Rubber |
Q3/26 |
€7.8m |
+5.4% |
€700k3 |
-22.2% |
|
Toyoda Gosei |
fQ2/26-27 |
Yen535.6bn |
+13.5% |
Yen38.2bn1 |
+16% |
|
Trelleborg Group |
Q3/26 |
SEK9.2bn (€821m) |
+8% |
SEK1.78bn6 |
+16% |
1(Segment) operating income; 2EBIT; 3EBITDA, 4Business profit; 5Net income; 6EBITA
Materials suppliers: Latest financial results
|
Company |
Period |
Sales |
YoY change |
Earnings |
YoY change |
|
Cabot Corp reinforcement materials |
fQ4/26 |
$634m |
+12.6% |
$87m2 |
+26.9% |
|
Kumho Petrochemical rubber div |
Q3/26 |
KRW782.4bn |
+23.8% |
KRW2.3bn1 |
-92.6% |
|
Kordsa Tire reinforcement segment |
Q3/26 |
$136m (€123m) |
-6.2% |
n/s |
n/s |
|
PCBL Carbon black |
fQ2/26-27 |
INR19.8bn |
+16.8% |
INR1.9bn |
+17.3% |
|
Zeon Corp. (Elastomers) |
fQ2/26-27 |
Yen62.3bn |
+14% |
Yen5.2bn1 |
+126% |
1(Segment) operating income; 2EBIT; 3EBITDA, 4Business profit; 5Net income; 6EBITA
INVESTMENT
|
Reported |
Company |
Project / Deal |
Location |
Capex / Value |
Details |
|
11 Nov |
Doublestar / Kumho Tire |
New 6m units/yr car tire plant |
Opole, Poland |
€500m |
To accelerate construction |
|
11 Nov |
Doublestar / Kumho Tire |
New 5.3m units/yr car tire, 7m units/yr refined rubber plant |
Hampyeong, South Korea |
KRW661bn (€390m) |
To accelerate construction |
|
11 Nov |
Scandinavian Enviro Systems |
Proposed 50ktpa tire pyrolysis plant |
North America |
n/s |
Signed a conditional service agreement |
|
10 Nov |
Maseer Tires Co. |
Deal to build 800k unit/yr truck and bus tire plant |
Jubail Industrial City II, Saudi Arabia |
n/s |
EPC contract with China Jiangsu Int. |
|
5 Nov |
Bluestar Silicones |
Expanding European HCR capacity |
Lyon, France |
N/A |
Expansion through upgrades |
|
4 Nov |
General Science |
Add 1.2m unit/yr PCR tire capacity |
Sihanoukville, Cambodia |
Yuan112.3 million (€15 million) |
Secured shareholder approval |
|
3 Nov |
Sinopec |
New 200ktpa SR plant |
Tianjin, China |
Yuna2.4bn (€340 million) |
Advances equipment installation |
|
2 Nov |
General Science |
New 6.8m unit/yr plant for PCR/TBR tires |
Sokhna, Egypt |
$295 million (€266 million) |
Secured shareholder approval |
|
29 Oct |
Shouguang Firemax Tyre |
Add 12m unit/yr capacity for UHP car tires (currently 12m unita/yr) |
Shouguang, China |
Yuan1.57bn (€210m) |
Secured environmental approval |
|
29 Oct |
Guizhou Tyre |
New 6m units/yr car tire plant |
Tangier, Morocco |
$300m (€255m) |
Started construction |
|
27 Oct |
Sentury Tire |
New 7m unit/yr car tire plant |
tba, Turkey |
$273m (€240m) |
Secured shareholder approval |
|
27 Oct |
UPM |
New 220ktpa biorefinery: output includes fillers for rubber & tires |
Leuna, Germany |
€1.4bn |
Official inauguration |
TOP NEWS STORIES
Goodyear president, CEO Mark Stewart steps down amid strategic review (ERJ report)
With clarification: WDK unveils plans for new European rubber lobbying platform (ERJ report)
Bridgestone raises sales forecast on ‘record’ results (ERJ report)
LAST WEEK
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