Carbon black supply-demand gap widens from 14% last year to 20% in 2018. Atmama.

Takashi: The Indian tire industry has requested the government to allow the tire industry to import carbon black duty-free.

Many tire companies in the country have been forced to impose anti-dumping duties on Chinese imports to regulate exports and address the shortage in the market due to shortage of carbon black supply in the country. In a statement to the Department of Commerce, the Automotive Tire Manufacturers Association (ATMA), factories will be closed in the near future.

The gap between demand and supply of carbon black in the domestic market reached 14% in FY 2016-17. This figure increased to 20% in fiscal 2018, industry sources said.

Mohan, Head of Supply Chain and Resources, ATMA “In fact, the domestic tire industry often faces natural rubber (NR) fears of an overall supply shortage. The shortage of carbon black will only further exacerbate the difficulties of the tire industry in the Indian tire industry.” He said. (SCR) group. “China is the world’s largest producer of carbon black, accounting for about 40% of global production. The tire industry has no option but to import carbon black to bridge the domestic gap,” ATMA said. Meanwhile, Indian carbon black exports should be regulated by setting a minimum export price or limiting quantities.

Due to shortfalls in tire production, an unanticipated reduction in the supply of carbon black will only lead to more imports of finished tires from outside India, thereby dampening India’s value addition. Further, ATMA He said that several related industries will continue to be adversely affected by the current trends despite significant investments in capacity building and strengthening of the Indian tire industry. At the same time, he added, the crisis will mainly affect the radial category of trucks and buses. You will be affected. There is a lack of this important raw material.