Market Background

Carbon Black Shipments up 6% for March on Strong Tire Sector Demand

Shipment volume of carbon black rose 6.1 percent year-on-year to 52,479 tons in March, the third straight month of positive growth, according to records compiled by the Japanese Carbon Black Association. Total shipment for rubber use rose 6.8 percent year-on-year, up for the third straight month, at 49,270 tons. Although shipments for tire use were up 11 percent, shipments for...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Rubber Unions Agree to Average Wage Increase of 5,150 Yen

Member unions of the Japan Rubber Workers Union Confederation (JRWUC) and major rubber manufacturers have reached agreements following the 2017 spring labor offensive regarding wages and lump sum payments. Out of a total of 58 member unions, 45 of 51 unions that submitted demands for higher wages have reached agreements, while 38 of the 46 unions that submitted demands in...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Driven by Tires, Japan’s Carbon Black Shipments Rise for February

Shipment volume of carbon black in February was up 2.3 percent to 46,531 tons from the same period last year, according to data compiled by the Japanese Carbon Black Association. It marks the second consecutive month of a year-on-year increase this year. Of carbon black used for rubber, shipments for tire purposes increased 6.3 percent, and shipments for general rubber...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Shipment Value of Rubber Goods Declines 1.4 Percent in January

According to rubber production and shipment figures released by the Japanese Ministry of Economy, Trade and Industry (METI), the shipment value of rubber goods for January 2017 was 157.8 billion yen ($1.42 billion). The figure shows a year-on-year decrease of 1.4 percent and a negative turnaround following an increase in December 2016. The production volume of automotive tires was down...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

CEMA Finds 2017 Demand for Construction Machinery Stagnant in Japan but Increasing Abroad

Shipment values of construction machinery are forecast at 1.879 trillion yen ($16.575 billion) for the fiscal year ending March 2018, on a par with the previous year, according to the Japan Construction Equipment Manufacturers Association (CEMA). This projection is based on a January 2017 survey of CEMA’s 68 member companies. CEMA Chairman and President of Hitachi Construction Machinery Co. Ltd....

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Japan’s Automobile Production Falls 0.8% for 2016

Japanese automotive manufacturers produced a total of 9.204696 million vehicles over January–December 2016, according to the Japan Automobile Manufacturers Association (JAMA). This represents a 0.8-percent year-on-year decline, the second decrease in the last two years. By automobile type, passenger vehicles moved into a positive from a year-on-year negative for 2014–2015, with 7.873886 million vehicles produced for a 0.6-percent increase in...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Send this to a friend