Uncertainties impact world rubber supply, demand
- By TT News
- December 28, 2020
The downward revision in the world supply outlook for 2020 is largely due to the scaling down of the outlook for Thailand and India, according to ANRPC. The outlook on the production of NR in Thailand has been scaled down by 332,000 tonnes to 4.478 million tonnes. The country’s revised outlook for 2020 represents a 7.7% decline from the previous year as against a 0.9% anticipated fall reported a month ago.

The harvesting and primary processing of rubber in Thailand are severely affected by acute shortage of labourers. The migrant labourers from neighbouring countries and those from other provinces within the country find it difficult to reach back and resume the various farm management activities including tapping and primary processing. Aggravating the situation, tropical storm ‘Noul’ damaged rubber plantations in several provinces of Thailand in the last week of September besides causing heavy rains, flash floods, and water run-offs.
In August, northern Thailand was hit by the tropical storm ‘Sinlaku’ causing flash floods in 18 northern provinces of the country. The loss in output arising from previous year’s incidence of a new fungal leaf disease is already factored in. Abnormal leaf fall resulting from fungal diseases usually impacts on the yield performance of the affected for two succeeding years.
In India, the production anticipated in 2020 has been scaled down by 42,000 tonnes to 668,000 tonnes, ANRPC study said. The revised outlook represents a 4.8% decline from the previous year as against a 1.1% anticipated increase reported a month ago. The country’s NR production sector is impacted by a burst in the number daily new cases of Covid-19 infections in the State of Kerala since the beginning of September and the abnormal leaf fall caused by the outbreak of Phytophthora leaf disease during July and August. It is reported that the incidence of abnormal leaf fall during this year is less severe compared to the previous year.

Demand fall
There has also been a fall in world consumption of NR by 11.7% y/y to 8.151 million tonnes during the first eight months of 2020 (Jan-Aug), as per preliminary estimates. Based on the revised estimates and forecasts, the world consumption outlook for the full year 2020 is marginally scaled up by 67,000 tonnes to 12.611 million tonnes by representing an 8.4% fall from the previous year. The outlook for 2020 as reported a month ago was 12.544 million tonnes by representing an 8.9% fall from the previous year.
China has marginally revised up its consumption outlook for 2020 in view of an observed earlier-than expected economic recovery and acceleration in growth. A survey conducted by Nikkei revealed that the growth has been more pronounced in the manufacturing sector. The Manufacturing Purchasing Managers’ Index (PMI) improved to 51.5 in September from 51.0 recorded in August and 51.3 anticipated for September, according to a survey conducted by the country’s National Bureau of Statistics and the China Federation of Logistics and Purchasing. The country’s automobile sector has made a major turnaround. The domestic retail sales of passenger vehicles, including minivans, SUVs and multipurpose vehicles, increased 7.4% y/y in September 2020, the third straight monthly gain. The domestic sales of passenger vehicles had increased 6.0% y/y in August 2020.

As per the revised outlook, China is anticipated to consume 5.055 million tonnes of NR during 2020, down 8.9% from the previous year. The country’s consumption outlook for 2020, as reported a month ago was 5.043 million tonnes, down 9.1% from the previous year.
India has scaled-up its consumption outlook for 2020 to 923,000 tonnes from 900,000 tonnes reported earlier in the year. Auto sales in India have made a U-turn. The domestic sales of passenger car increased 31.3% y/y in September 2020, the highest growth over the past 27 months. The trend reversal in passenger car is driven by preference for personal mobility during the pandemic, gradual opening up of markets, easing of supply-chains, labour availability, and excitement of new vehicle launches. The domestic sales of two-wheeler grew 12% y/y in September 2020, the highest growth over the past 21 months. Sales of tractor increased 16% y/y during the month, the highest growth over many years in the past. The domestic sales of LVC (Light Commercial Vehicles) and M&HCV (Medium and Heavy Commercial Vehicles) declined by 3.0% each during the month, after double digit declines till August 2020.
Looking ahead, according to ANRPC, the world demand for NR will remain constrained by the uncertainties clouding the global economic recovery, acceleration in the number of new coronavirus cases, reintroduction of control measures and partial lockdowns across countries and a likely long delay in the mass availability of the vaccine. On the positive side, there are increased hopes of further fiscal aid in the US to keep its economy on track. The White House has reportedly raised its stimulus offer from the earlier proposed $1.0 trillion to $1.5 trillion, and further to $1.8 trillion, though that is still short of $2.2 trillion proposed by the Democrats.

Titan Consolidates North American Operations With Planned Closure Of Jackson Facility
- By TT News
- March 20, 2026
Titan International, Inc., a leading global manufacturer of off-highway wheels, tyres, assemblies and undercarriage products, has announced a decision to consolidate its North American manufacturing footprint. This strategic move will result in the closure of the company’s facility in Jackson, Tennessee, by the end of October 2026. The consolidation reflects Titan’s ongoing efforts to optimise operations and improve capacity utilisation across its existing network.
Production currently performed at the Jackson site is expected to be transitioned to other Titan facilities over the coming months. The closure will affect approximately 140 employees. Titan has committed to supporting these team members throughout the transition, working closely with local leadership to provide assistance that includes severance packages, continuation of benefits and job placement support.
Despite the Jackson closure, Titan will continue to operate a robust network of manufacturing facilities across North America. This network ensures the company remains well positioned to serve customers across a diverse range of off-highway end markets, including outdoor power equipment, powersports, agriculture, construction and earthmoving.
Paul Reitz, President and CEO, Titan International, said, “The decision to consolidate production and close the Jackson facility is difficult knowing the impact it has on our team members and their families. Titan continues to take deliberate actions to improve its operating efficiency while maintaining the flexibility and scale required to serve our customers.”
America’s Tire And Philadelphia Union Announce Multi-Year Partnership
- By TT News
- March 20, 2026
America's Tire has entered into a new multiyear partnership with Major League Soccer’s Philadelphia Union, marking an immediate collaboration that will extend across several future seasons. Under the three-year agreement, the tyre retailer assumes the role of the Union’s Official Tire Retailer. Its branding will be prominently displayed on the rooftop of Subaru Park, complemented by field-level signage visible during broadcasts of home games. Beyond stadium presence, the company will engage fans through a digital and social content series featuring Union players and will also lend its support to the historic Army-Navy Cup.
Having established its first Philadelphia location in 2024, America's Tire has positioned itself as a local authority on tyre safety. The company now operates three area stores, including one in Burlington, New Jersey. This alliance with the Union broadens America's Tire’s existing commitment to road safety for professional soccer supporters, building on its role as the Official Tire Retailer of Major League Soccer during the league’s 31st season – a designation that encompasses marquee events like the MLS All-Star Game and MLS Cup.
In Philadelphia and across 20 other MLS markets, America's Tire provides tyres, wheels and wiper blades through online and in-store channels, supported by expert teams for safety checks and installations. In addition to the Burlington location, fans near the Union can visit its stores in Exton and Whitehall, Pennsylvania.
Tom Williams, Chief Experience Officer, America's Tire, said, "As America's Tire continues to expand its presence in the Northeast, our objective is to exceed customer expectations by ensuring consistent, reliable support across every interaction.”
Charlie Slonaker, Chief Revenue Officer, Philadelphia Union, said, "We're excited to welcome America's Tire as a partner of the Philadelphia Union. Through this partnership, we share a commitment to helping keep our communities safe by raising awareness about tyre safety and road readiness among our fans."
Kumho Tire Canada Launches Four New Tyre Lines Tailored For Canadian Roads
- By TT News
- March 20, 2026
Kumho Tire Canada has expanded its portfolio with the launch of four new tyre lines – the Ecsta Sport, Ecsta Sport S, Ecsta Sport A/S and Road Venture RT – tailored to the country’s diverse driving conditions. Rather than offering a universal solution, the company now provides specialised options that account for regional climate variations, varied road surfaces and different vehicle need.
Leading the lineup are the Ecsta Sport and Ecsta Sport S, the brand’s most advanced ultra-high performance summer tyres. Engineered with enhanced compound technology and optimised tread patterns, they deliver strong grip, precise handling and stability in both dry and wet summer conditions. For drivers seeking year-round versatility, the Ecsta Sport A/S brings ultra-high performance into the all-season category. Its next-generation compound, stiff outer tread blocks and efficient water evacuation grooves ensure consistent capability across dry, wet and transitional weather.
For those who venture off paved roads, the Road Venture RT bridges the gap between all-terrain and mud-terrain tyres. It combines aggressive off-road traction with on-road comfort, featuring reinforced casing, stone-ejecting grooves and a durable tread pattern built for stability and wet-weather confidence.
Warranty coverage aligns with each tyre’s intended use. The summer-focused Ecsta Sport and Ecsta Sport S come with a 45,000-kilometre limited treadwear warranty, while the Ecsta Sport A/S and Road Venture RT each offer an 80,000-kilometre limited treadwear warranty.
The four new lines – available in wide range of sizes for passenger vehicles, performance cars, SUVs and light trucks – will be sold through authorised Kumho Tire Canada retailers. They are also eligible for the company’s 2026 Spring Rebate programme, which provides qualifying customers with up to a USD 60 rebate during the promotional period.
“The Canadian market requires tyres that can perform reliably across a wide range of real driving situations. By introducing these four new products at the same time, we are providing drivers with options that reflect how and where vehicles are actually used across Canada – whether that means daily commuting, long‑distance travel, performance driving or off‑road exploration,” said a representative of Kumho Tire Canada.
- Hankook Tire
- Hankook iON Race
- Hankook Motorsport
- 2026 CUPRA Raval Madrid E-Prix
- Formula E World Championship
- Circuito del Jarama
- Motorsport
Hankook’s iON Race Tyre Ready For Strategic Challenge At Madrid E-Prix
- By TT News
- March 20, 2026
Hankook Tire faces a demanding technical assignment at Round 6 of ABB FIA Formula E World Championship Season 12 as the series descends on Madrid for the first time. The occasion is the 2026 CUPRA Raval Madrid E-Prix, scheduled for 21 March 2026 at the Circuito del Jarama, a storied permanent circuit situated just north of the Spanish capital. Jarama first acquainted itself with the series during pre-season testing in the previous season and now assumes its place as an official race venue. Stretching to 3.934 kilometres with 14 turns, it immediately distinguishes itself as the longest circuit in Formula E history, surpassing any previous track by roughly 400 metres. Its blend of fast, flowing corners and short straights places relentless emphasis on energy management and regenerative braking while simultaneously challenging the grip and thermal resilience of Hankook’s iON Race tyre.
Strategic complexity intensifies at this round with the introduction of PIT BOOST in a single-header setting for the first time since the mechanism debuted in Season 11. Drivers will be obliged to make a pit stop that replenishes the battery with an additional 10 percent energy in approximately 30 seconds. ATTACK MODE will also be available once, lasting six minutes. When coupled with an extended race distance of 23 laps, these factors shift the spotlight squarely onto tyre consistency and energy strategy across the entirety of the event.

From a technical perspective, Jarama imposes a distinctive set of demands that Hankook must navigate carefully. Although teams accumulated initial data during pre-season running at the same circuit in the prior season, March conditions for the race weekend could bring different ambient temperatures and evolving track surface characteristics. The layout subjects the tyres to sustained stress through rapid directional shifts and high cornering loads, making predictable warm-up behaviour, controlled thermal response and stable traction indispensable for both qualifying pace and race efficiency.
The race weekend schedule begins with Free Practice 1 on 20 March, continuing through Saturday’s race on 21 March. A Formula E Rookie Test will follow on 22 March, offering development drivers valuable track time at Jarama.
Manfred Sandbichler, Senior Director of Hankook Motorsport, said, “Madrid represents exactly the kind of challenge that tests every aspect of tyre performance. Jarama’s combination of high-speed corners and limited straight sections, together with the introduction of Pit Boost, creates a unique race dynamic. With teams working from a limited data baseline, the iON Race tyre is designed to deliver consistent grip and stable thermal performance across a wide operating window, supporting competitive and closely fought racing.”

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