Raw Materials and Spot Prices - As of August 7, cup rubber is priced at 48.30 THB/kg (+0.15), while latex is at 54.00 THB/kg (0). The purchasing price for Yunnan rubber is 14,300 CNY/ton (-100), and for Hainan fresh latex, it is 14,000 CNY/ton (+200). In Qingdao Free Trade Zone, Thai standard rubber is priced at 1,770 USD/ton, and Thai mixed rubber is at 14,350 CNY/ton (+50) [1]. Tire Production Rates and Inventory - As of August 7, the capacity utilization rate for Chinese semi-steel tire sample enterprises is 69.71%, down 0.27 percentage points month-on-month and down 9.93 percentage points year-on-year. Some semi-steel tire companies have reduced production, impacting overall capacity utilization [1]. - The capacity utilization rate for Chinese all-steel tire sample enterprises is 60.06%, up 0.80 percentage points month-on-month and up 0.73 percentage points year-on-year. Some companies resumed operations after maintenance, while others faced shortages, leading to a slight increase in overall capacity utilization [1]. - In Shandong, the finished product inventory for tire sample enterprises shows mixed trends. As of August 7, the average inventory turnover days for semi-steel tire sample enterprises is 46.45 days, up 0.81 days month-on-month and up 9.50 days year-on-year. For all-steel tire sample enterprises, the average inventory turnover days is 39.37 days, down 0.08 days month-on-month and down 3.66 days year-on-year [1]. Tire Import Data - According to QinRex, in the first half of 2025, the U.S. imported a total of 14,343 million tires, an increase of 6.8% year-on-year. Passenger car tire imports rose by 3% to 8,489 million, while truck and bus tire imports increased by 10% to 3,232 million. However, aircraft tire imports decreased by 13% to 132,000, and motorcycle tire imports increased by 22% to 188,000 [2]. - In the same period, U.S. imports of tires from China totaled 12.24 million, a decrease of 4.4% year-on-year, with passenger car tire imports down 35% to 510,000 and truck and bus tire imports down 16% to 700,000 [2]. - U.S. imports of tires from Thailand reached 36.54 million, an increase of 12% year-on-year, with passenger car tires at 22.16 million (up 9%) and truck and bus tires at 8.42 million (down 1.3%) [2]. Market Dynamics - On the supply side, labor returning to Cambodia and disruptions in rubber tapping in Thailand are expected to strengthen raw material procurement prices. On the demand side, replacement demand is performing reasonably well, and with the implementation of various pricing policies by companies, market trading activity is expected to increase. Additionally, as winter snow tires enter the stocking phase for agents, order activity is anticipated to gradually rise in the next cycle [2].