焦煤夜盘收涨约6.2%，焦炭涨约4.7%，玻璃、合成橡胶、铁矿石也至少涨约2.1%。此前，美联储主席 鲍威尔在杰克逊霍尔全球央行年会年会上释放鸽派信息。 ...

Report Summary - During the period from August 20th to August 26th, 2025, rainfall in the main natural rubber producing areas in Southeast Asia increased compared to the previous period. High precipitation areas north of the equator were mainly concentrated in southern Thailand and southwestern Cambodia, affecting rubber tapping. South of the equator, high precipitation areas were in eastern Malaysia and eastern Indonesia, also affecting tapping [5]. - This week, the rubber market showed narrow - range fluctuations. The domestic stock market reached new highs, but had limited impact on the commodity market. As the 09 - contract delivery approached, the real - end weight of commodity trading increased. The rubber fundamentals were neutral, with short - term inventory pressure and stable downstream tire开工率 [6]. Market Focus Bullish Factors - Weather disturbances stabilized rubber raw material prices, providing cost support [10]. - The inventory structure of all - steel tire enterprises improved, and their开工率 was good [10]. Bearish Factors - The capacity utilization of semi - steel tire enterprises was limited by inventory [10]. - There was inventory accumulation pressure in some rubber inventories [10]. Data Analysis Natural Rubber Raw Material Prices - As of August 21st, Thai fresh glue was 54.7 Thai baht/kg, cup rubber was 49.2 Thai baht/kg, Yunnan glue in China was 14,200 yuan/ton, and Hainan glue was 13,200 yuan/ton. Rain in major producing areas boosted prices slightly, supporting rubber costs [11]. Natural Rubber Inventory - As of the week of August 15th, China's natural rubber social inventory was 1,285,363 tons, a week - on - week increase of 7,504 tons. Qingdao Free Trade Zone inventory increased by 1,598 tons, while Qingdao general trade inventory decreased by 4,719 tons [14]. Butadiene Price - This week, the domestic butadiene price fluctuated in a narrow range. Due to some device maintenance and reduced production, output decreased. Although inventory increased due to ship arrivals, supply pressure was not obvious. As of August 21st, the delivered price in Shandong was 9,400 - 9,450 yuan/ton, and the ex - tank self - pick - up price in East China was 9,100 - 9,200 yuan/ton. As of August 22nd, the theoretical production loss of butadiene rubber was 324.8671 yuan/ton [15]. Butadiene Rubber Supply - Demand - As of the week of August 22nd, the in - factory inventory of butadiene rubber was 23,200 tons, a decrease of 250 tons from last week, and the trader inventory was 7,410 tons, an increase of 420 tons. High - cis butadiene rubber production was 27,765 tons, an increase of 1,860 tons from last week. The overall supply - demand structure was relatively loose [18]. Tire Enterprise Capacity Utilization - As of the week of August 22nd, the capacity utilization of all - steel tire sample enterprises was 64.97%, a week - on - week increase of 2.35% and a year - on - year increase of 7.01%. The average inventory - available days were 39.76 days, a week - on - week increase of 0.25 days and a year - on - year decrease of 3.92 days. For semi - steel tire sample enterprises, the capacity utilization was 71.87%, a week - on - week increase of 2.76% and a year - on - year decrease of 7.81%. The in - factory inventory - available days were 47.05 days, a week - on - week increase of 0.32 days and a year - on - year increase of 10.57 days [19]. Contract Spreads - As of August 21st, the spread of the "RU - NR" September contract remained stable as the delivery month approached, and the spread of the "NR - BR" main contract fluctuated in a narrow range after the main contract change [21]. Market Outlook - From a macro perspective, the domestic stock market reaching new highs had limited impact on the commodity market, and the real - end weight of commodity trading increased as the 09 - contract delivery approached. - Fundamentally, raw material prices were stable, with rain in major producing areas providing limited price support. Qingdao Free Trade Zone inventory increased, and overall social inventory rose. All - steel tire开工率 continued to rise, while semi - steel tire capacity utilization increased slightly with slow inventory reduction. - Overall, the rubber fundamentals were neutral, with short - term inventory pressure and stable downstream tire开工率. Currently, there were no obvious fundamental contradictions, and prices fluctuated within a range [25].

投资咨询业务资格：证监许可【2011】1778 号 投资咨询业务资格：证监许可【2011】1778 号 11615 2025 年 8 月 22 日 橡胶甲醇原油 专业研究·创造价值 多空因素博弈 能化涨跌互现 核心观点 宝城期货金融研究所 姓名：陈栋 橡胶：本周五国内沪胶期货 2601 合约呈现放量增仓，震荡偏弱， 小幅收低的走势，盘中期价重心小幅下移至 15625 元/吨一线运行。收 盘时期价小幅收低 0.95%至 15625 元/吨。9-1 月差贴水幅度收敛至 955 元/吨。随着前期利多因素消化，在国内轮胎库存回升，外销增速放缓 的不利影响下，预计后市国内沪胶期货 2601 合约或维持震荡偏弱的走 势。 甲醇：本周五国内甲醇期货 2601 合约呈现缩量增仓，震荡偏弱， 略微收低的走势，期价最高上涨至 2425 元/吨一线，最低下探至 2398 元/吨，收盘时略微收低 0.58%至 2405 元/吨。9-1 月差贴水幅度升阔 至 111 元/吨。随着前期利空因素消化，甲醇迎来超跌反弹的走势，不 过当前甲醇供需结构依然偏弱，预计后市国内甲醇期货 2601 合约或维 持震荡整理的走势。 作者声明 予的期货从业 ...

证券之星消息，8月22日橡胶板块较上一交易日上涨2.15%，震安科技领涨。当日上证指数报收于 3825.76，上涨1.45%。深证成指报收于12166.06，上涨2.07%。橡胶板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 300767 | 震安科技 | 25.34 | 19.98% | 49.81万 | 11.67亿 | | 300587 | 天铁科技 | 8.84 | 9.95% | 104.10万 | · 8.93亿 | | 300731 | 科创新源 | 49.91 | 3.08% | - 16.10万 | 7.91亿 | | 603650 | 彤程新材 | 36.22 | 3.01% | 14.89万 | 5.33亿 | | 002068 | 黑猫股份 | 11.48 | 1.23% | 23.37万 | 2.67亿 | | 832225 | 利通科技 | 26.70 | 0.75% | 5.72万 | 1.53亿 | | 920098 | 科隆新材 | 35. ...

Report Industry Investment Ratings - Cotton: ☆☆☆ [1] - Pulp: ☆☆☆ [1] - Sugar: ☆☆ [1] - Apple: ☆☆ [1] - Timber: ☆☆ [1] - Natural Rubber: ☆☆ [1] - 20 -号 Rubber: ☆☆ [1] - Butadiene Rubber: ☆☆☆ [1] Core Views - The report analyzes the market conditions of various soft commodities including cotton, sugar, apple, rubber, pulp, and timber, and suggests a wait - and - see approach for most commodities due to different influencing factors such as supply, demand, and inventory [2][3][4] Summary by Commodity Cotton & Cotton Yarn - Zhengzhou cotton slightly declined today, with stable spot sales basis and average spot trading. Pure cotton yarn trading was okay with stable prices. - In July 2025, domestic cotton inventory digestion slowed down, expected to improve in August as the peak season approaches. - In July, cotton imports were 50,000 tons, a year - on - year decrease of 149,400 tons and a month - on - month increase of 22,600 tons. From January to July 2025, cumulative imports were 520,000 tons, a year - on - year decrease of 74.2% or 1.48 million tons. - There is a strong expectation of increased production in Xinjiang this year with more planting area and good weather. - Short - term upward momentum of Zhengzhou cotton is limited by weak downstream orders and poor profits of inland enterprises. It is recommended to wait and see [2] Sugar - Overnight, US sugar fluctuated. Due to insufficient precipitation, the sugarcane yield per unit in Brazil decreased. As of the end of June, the cumulative yield per hectare in the central - southern region of Brazil was 79.32 tons, a year - on - year decrease of 11.04%. - The production progress this year was slow, leading to a significant year - on - year decrease in sugarcane and sugar production. - The proportion of sugarcane used for sugar production increased year - on - year, and the sugar - alcohol ratio is at the upper edge of the historical range, so there is pressure on the upside of US sugar. - In the domestic market, Zhengzhou sugar fluctuated. Sales were fast this year, with inventory decreasing year - on - year and relatively light spot pressure. - The market focus has shifted to imports and the estimated output of the next crushing season. Syrup imports decreased significantly this year, reducing the sales pressure of domestic sugar. However, the output of the 25/26 crushing season is uncertain, and subsequent weather and sugarcane growth should be monitored [3] Apple - The futures price fluctuated. The price of early - maturing apples was basically stable, with high - quality apples having a high price and good purchasing enthusiasm from merchants. - The remaining inventory of cold - storage apples was small, and market demand was average. As of August 14, the national cold - storage apple inventory was 461,300 tons, a year - on - year decrease of 49.4%. Last week, the de - stocking volume was 50,700 tons, a year - on - year decrease of 32.31%. - The market focus has shifted to the estimated output of the new season. Although the western production area was affected by cold snaps and strong winds during the flowering period, the impact on output was small, mainly increasing the risk of fruit rust. There are still differences in the estimated output due to sufficient flower quantity in the production area this year. It is recommended to wait and see [4] 20 -号 Rubber, Natural Rubber & Synthetic Rubber - Today, RU, NR, and BR all rose slightly. The domestic prices of natural rubber and synthetic rubber increased, the port price of external butadiene was stable, and the prices in the Thai raw material market fluctuated. - Globally, natural rubber supply is entering the high - yield period, and there is still heavy rainfall in most Southeast Asian production areas. Last week, the operating rate of domestic butadiene rubber plants continued to decline, with some plants restarting and some under maintenance or low - load operation. The operating rate of upstream butadiene plants increased significantly. - Last week, the operating rate of domestic all - steel tires rebounded, while that of semi - steel tires continued to decline, and the finished product inventory of tire enterprises increased. - This week, the total natural rubber inventory in Qingdao decreased to 617,000 tons, with an increase in bonded area inventory and a decrease in general trade inventory. Last week, the social inventory of Chinese butadiene rubber decreased to 11,500 tons, and this week, the port inventory of Chinese butadiene increased significantly to 27,300 tons as imported goods arrived. - Overall, demand is average, rubber supply is increasing, inventory is decreasing, and market sentiment has improved. It is recommended to wait and see [5] Pulp - Today, pulp futures continued to decline. The spot price of coniferous pulp Moon was stable at 5,450 yuan/ton, the price of Russian coniferous pulp in Jiangsu, Zhejiang, and Shanghai was 5,150 yuan/ton, and the price of broad - leaved pulp Goldfish decreased by 50 yuan to 4,150 yuan/ton. - As of August 21, 2025, the inventory of mainstream Chinese pulp ports was 2.132 million tons, an increase of 33,000 tons from the previous period, a month - on - month increase of 1.6%. - In July, domestic social retail data weakened month - on - month, indicating a decline in domestic demand. Currently, port inventory is relatively high year - on - year, pulp supply is relatively abundant, and demand is average. It is recommended to wait and see or trade within a range [6] Timber - The futures price fluctuated. The mainstream spot price was stable. - Last week, the arrival volume decreased significantly. The external price has rebounded for two consecutive months, while the increase in domestic spot price was small, increasing the pressure on traders. It is expected that imports will not increase significantly in the short term, and domestic supply may remain low. - After entering the off - season, the average daily outbound volume at ports fluctuates around 600,000 cubic meters, with good overall outbound conditions. - As of August 15, the total national port log inventory was 3.06 million cubic meters, a month - on - month decrease of 0.65%. The total log inventory is low, with relatively small inventory pressure. - Overall, the supply - demand situation has improved, but peak - season demand has not started yet. It is recommended to wait and see [7]

本报告中的信息均源于公开可获得的资料，回贸部货力求准确可靠，但不对上述信息的准确性及完整性做任何保证。本报告不拘成个人投资建议，也来针对个别投资者带来的投资目标。 9分状况 需要。投资者需自行判断本报告中的任何意见欧门设计3个分会其特定状况，据此投资、责任自负、本报告仅向回贸部货客户推进，未经图贸易货报权许可，任何引用、转载以及向第三 方传播的行为均构成对国贸期货的侵权,我司将视情况追究法律责任。期市有风险,入市需谨慎。 IIIC 国贸期货 世界500强投资企业 E 突期 货车限公司 成为一流的衍生品综合服务商 投资咨询业务资格:证监许可 (2012) 31号 合成橡胶数据日报 | 国贸期货研究院 | 从业资格证号: F3071622 | 2025/8/22 | 能源化工研究中心：叶海文 | 投资咨询证号: Z0014205 | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | -- ...

Report Summary 1) Report Industry Investment Rating No information provided. 2) Core View of the Report The rubber market shows a volatile performance. As the commodity market approaches the September delivery, it returns to the fundamental logic. The previous "anti - involution" trading expectation has cooled down, leading to weak commodity sentiment. Rubber may follow a volatile and weak trend. The recommended operation is to stay on the sidelines for single - side trading and focus on the arbitrage of going long on RU2509 and short on RU2601 [3]. 3) Summary by Related Catalogs Futures Disk - **Domestic Futures**: RU主力 price is 15720, up 45 from the previous value; NR主力 is 12600, up 75; BR主力 is 11775, up 60 [3]. - **Foreign Futures**: Tocom RSS3 is 316.5 yen/kg, up 2.7; Sicom TF is 170.8 cents/kg, unchanged [3]. - **Inter - period Spreads**: RU2601 - RU2509 is 1000, up 45; RU2605 - RU2601 is 95, down 10; NR主力 - 次主力 is - 20, down 70; BR主力 - 次主力 is 20, up 10 [3]. - **Futures Spreads**: RU - NR is 3120, down 30; RU - BR is 3945, down 15; NR - BR is 825, up 15 [3]. - **Cross - market Spreads**: RU - Tocom RSS3 ($) is 42, down 12; NR - Sicom TF ($) is 47, up 11 [3]. Raw Material Prices - **Thailand**: Glue price is 54.70 baht/kg, cup - rubber price is 49.20 baht/kg, down 0.15 [3][5]. - **Hainan and Yunnan**: Hainan glue for concentrated latex is 14400 yuan/ton, unchanged; Hainan glue for whole - milk is 13200 yuan/ton, down 200; Yunnan glue for concentrated latex is 14500 yuan/ton, unchanged; Yunnan rubber block for whole - milk is 14200 yuan/ton, up 100 [3]. Factory Costs and Profits - **Concentrated Latex Production Profits**: Thailand is 929, up 55; Hainan is 640, unchanged [3]. - **Smoked Sheet and No.20 Rubber Gross Profits**: Thailand No.20 rubber is - 189, unchanged; domestic 9710 is 250, unchanged [3]. Domestic Spot - **Light - colored Rubber**: Old whole - milk is 14750, unchanged; Vietnam 3L is 14900, up 50; Thai mixed is 14620, up 90; Malaysian mixed is 14570, up 90 [3]. - **Dark - colored Rubber**: Thai standard is 12903, up 90; domestic standard No.2 is 13850, unchanged [3]. - **Synthetic Rubber**: Butadiene rubber BR9000 is 11750, up 150; styrene - butadiene SBR1502 is 12300, up 150; styrene - butadiene SBR1712 is 11300, up 100 [3]. Overseas Spot - **Standard Rubber**: Thai standard CIF is 1815, up 20; Malaysian standard CIF is 1810, up 25; Indian standard CIF is 1735, up 15 [3]. Futures - Spot Spreads - **RU Spreads**: RU - Thai mixed is 100, down 90; RU - old whole - milk is - 30, unchanged; RU - Vietnam 3L is - 180, down 50 [3]. - **NR Spreads**: NR - Thai standard delivery profit is - 568, down 70; NR - Indian standard delivery profit is 6, down 70; NR - Malaysian standard delivery profit is - 532, down 105 [3]. Spot Spreads - **Variety Spreads**: Thai standard - Thai mixed ($) is 10, up 5; Vietnam 3L - Thai mixed is 280, down 40; domestic standard No.2 - Thai mixed is - 770, down 90 [3]. Supply, Inventory and Demand - **Supply**: Thailand's raw material glue price is 54.7 baht/kg, cup - rubber price is 49.20 baht/kg [3]. - **Inventory**: As of August 17, 2025, China's natural rubber social inventory is 128.5 tons, up 0.75 tons, an increase of 0.6%; dark - colored rubber social total inventory is 80.6 tons, up 1.2%; light - colored rubber social total inventory is 47.9 tons, down 0.4% [3]. - **Demand**: As of August 21, the capacity utilization rate of all - steel tire sample enterprises is 64.97%, up 2.35 percentage points month - on - month and 7.01 percentage points year - on - year; the capacity utilization rate of semi - steel tire sample enterprises is 71.87%, up 2.76 percentage points month - on - month and down 7.81 percentage points year - on - year [3].

1. Report Industry Investment Ratings - RU and NR are rated neutral [5] - BR is rated neutral [6] 2. Core Viewpoints - For natural rubber, the continuous rainfall in Southeast Asian producing areas is expected to keep raw material prices firm, providing cost - side support. However, prices will fall after the rain stops. Currently, the overall supply pressure is small, but there is an expectation of increased supply at the end of August. Downstream tire开工率 shows a divided trend, and attention should be paid to tire factories' stocking willingness before the peak demand season [5] - For BR, the supply is expected to increase next week. The downstream tire开工率 is divided, and the overall supply - demand pattern is weak. The price of upstream butadiene is expected to remain strong, and the price of surrounding natural rubber also has a certain pulling effect on BR [6] 3. Summary by Related Catalogs Market News and Data - Futures: On the previous trading day's close, the RU main contract was at 15,720 yuan/ton (+45 yuan/ton compared to the previous day), the NR main contract was at 12,600 yuan/ton (+75 yuan/ton), and the BR main contract was at 11,775 yuan/ton (+60 yuan/ton) [1] - Spot: The price of Yunnan - produced whole latex in the Shanghai market was 14,750 yuan/ton (+0 yuan/ton), Qingdao Free Trade Zone Thai mixed rubber was 14,620 yuan/ton (+90 yuan/ton), Thai 20 - standard rubber in Qingdao Free Trade Zone was 1,810 US dollars/ton (+15 US dollars/ton), Indonesian 20 - standard rubber in Qingdao Free Trade Zone was 1,755 US dollars/ton (+10 US dollars/ton), the ex - factory price of BR9000 from PetroChina Qilu Petrochemical was 11,900 yuan/ton (+0 yuan/ton), and the market price of BR9000 from Zhejiang Chuanhua was 11,700 yuan/ton (+200 yuan/ton) [1] Market Information - In July 2025, China's natural rubber imports were 474,800 tons, a month - on - month increase of 2.47% and a year - on - year decrease of 1.91%. From January to July 2025, the cumulative import volume was 3.6005 million tons, a cumulative year - on - year increase of 21.82% [2] - In the first seven months of 2025, Cote d'Ivoire's rubber exports totaled 908,487 tons, a 14.3% increase compared to the same period in 2024. In July alone, exports increased by 28.3% year - on - year and 28.5% month - on - month [2] - In the first seven months of 2025, China's rubber tire exports reached 5.63 million tons, a year - on - year increase of 5.4%; the export value was 99.2 billion yuan, a year - on - year increase of 5.4%. From January to July, the export volume of automobile tires was 4.8 million tons, a year - on - year increase of 4.9%; the export value was 81.9 billion yuan, a year - on - year increase of 4.9% [2] - In July 2025, the heavy - truck market sold about 83,000 vehicles, an increase of about 42% compared to 58,300 vehicles in the same period last year [2] - In July, China's commercial vehicle production and sales were 298,000 and 306,000 vehicles respectively, a year - on - year increase of 16.3% and 14.1%. Affected by seasonal factors, they decreased by 15.8% and 17.1% month - on - month. The industry showed a mild recovery due to factors such as the recovery of logistics demand, the scrapping of old operating trucks, and new - energy purchase subsidies [3] - In the first half of 2025, the United States imported a total of 143.43 million tires, a year - on - year increase of 6.8%. Among them, passenger car tire imports increased by 3% year - on - year to 84.89 million pieces; truck and bus tire imports increased by 10% year - on - year to 32.32 million pieces; aircraft tire imports decreased by 13% year - on - year to 132,000 pieces; motorcycle tire imports increased by 22% year - on - year to 1.88 million pieces; bicycle tire imports increased by 5% year - on - year to 3.15 million pieces [3] Market Analysis Natural Rubber - Spot and spreads: On August 21, 2025, the RU basis was - 970 yuan/ton (- 45), the spread between the RU main contract and mixed rubber was 1,100 yuan/ton (- 45), the import profit of smoked sheet rubber was - 3,148 yuan/ton (- 35.31), the NR basis was 303.00 yuan/ton (+15.00); whole latex was 14,750 yuan/ton (+0), mixed rubber was 14,620 yuan/ton (+90), 3L spot was 14,900 yuan/ton (+50). The STR20 was quoted at 1,810 US dollars/ton (+15), the spread between whole latex and 3L was - 150 yuan/ton (- 50); the spread between mixed rubber and styrene - butadiene rubber was 2,320 yuan/ton (+90) [4] - Raw materials: Thai smoked sheet was 60.00 Thai baht/kg (+0.40), Thai latex was 54.70 Thai baht/kg (+0.00), Thai cup lump was 49.20 Thai baht/kg (- 0.15), and the spread between Thai latex and cup lump was 5.50 Thai baht/kg (+0.15) [4] -开工率: The开工率 of all - steel tires was 64.97% (+2.35%), and the开工率 of semi - steel tires was 71.87% (+2.76%) [4] - Inventory: The social inventory of natural rubber was 1,285,363 tons (+7,504.00), the inventory of natural rubber in Qingdao Port was 616,731 tons (- 3,121), the RU futures inventory was 179,930 tons (+3,650), and the NR futures inventory was 46,469 tons (+4,234) [5] BR - Spot and spreads: On August 21, 2025, the BR basis was - 175 yuan/ton (+90), the ex - factory price of butadiene from Sinopec was 9,400 yuan/ton (+0), the quoted price of BR9000 from Qilu Petrochemical was 11,900 yuan/ton (+0), the quoted price of BR9000 from Zhejiang Chuanhua was 11,700 yuan/ton (+200), the price of private BR in Shandong was 11,600 yuan/ton (+150), and the import profit of BR in Northeast Asia was - 1,090 yuan/ton (+99) [5] -开工率: The开工率 of high - cis BR was 69.15% (+4.63%) [5] - Inventory: The inventory of BR traders was 7,410 tons (+420), and the inventory of BR enterprises was 23,200 tons (- 250) [5]

晨会纪要 宝城期货橡胶早报-2025-08-22 品种晨会纪要 时间周期说明：短期为一周以内、中期为两周至一月 | 品种 | | 短期 | 中期 | 日内 | 观点参考 | 核心逻辑概要 | | --- | --- | --- | --- | --- | --- | --- | | 沪胶 | 2601 | 震荡 | 震荡 | 震荡 偏强 | 偏强运行 | 多空因素分歧，沪胶震荡偏强 | | 合成胶 | 2510 | 震荡 | 震荡 | 震荡 偏强 | 偏强运行 | 多空因素分歧，合成胶震荡偏强 | 备注： 1.有夜盘的品种以夜盘收盘价为起始价格，无夜盘的品种以昨日收盘价为起始价格，当日日盘收盘 价为终点价格，计算涨跌幅度。 投资咨询业务资格：证监许可【2011】1778 号 2.跌幅大于 1%为下跌，跌幅 0~1%为震荡偏弱，涨幅 0~1%为震荡偏强，涨幅大于 1%为上涨。 3.震荡偏强/偏弱只针对日内观点，短期和中期不做区分。 主要品种价格行情驱动逻辑—商品期货能源化工板块 沪胶（RU） 日内观点：震荡偏强 中期观点：震荡 参考观点：偏强运行 核心逻辑：近期国内沪胶期货市场处在由供需基本面因素为主导的行情中 ...

【原料及现货】截至8月21日，杯胶49.20（-0.15）泰铢/千克，胶乳54.70（0）泰铢/千克。云南胶水收 购价14500（0）元/吨，海南新鲜胶乳14400（0）元/吨，青岛保税区泰标1810（+20）美元/吨，泰混 14600（+50）元/吨。 【轮胎开工率及库存】截至8月21日，中国半钢胎样本企业产能利用率为71.87%，环比+2.76个百分点， 同比-7.81个百分点。周期内，检修企业排产基本恢复正常运行，带动周内产能利用率恢复性提升。中 国全钢胎样本企业产能利用率为64.97%，环比+2.35个百分点，同比+7.01个百分点。检修企业排产基本 恢复正常运行，带动周内产能利用率恢复性提升，企业基本维持常规走货状态。 山东轮胎样本企业成品库存环比上涨。截止到8月21日，半钢胎样本企业平均库存周转天数在47.05天， 环比+0.32天，同比+10.57天；全钢胎样本企业平均库存周转天数在39.76天，环比+0.25天，同比-3.92 天。 【资讯】据LMC Automotive最新发布的报告显示，2025年7月全球轻型车经季节调整年化销量上升至 9,400万辆/年。从同比数据来看，当月全球市场销量增 ...