This month, our overall production times have remained stable, with the average production duration holding steady at 56.5 days, consistent with last month. Despite this overall stability, there have been changes within specific product lines. The production time for our Premlene Sheet Rubber and Engineered Structures line has increased by 5 days, while our National Silicone Foam and GCP Sourced UHMW-PE line has decreased by the same amount. Production times for all other product lines have remained unchanged.

The manufacturing landscape in China is showing signs of improvement as restrictions are gradually eased and supply chains begin to stabilize. This positive shift is likely bolstered by the resumption of operations at key industrial facilities and ports, which is enhancing production capabilities and export efficiency. Moreover, there’s a growing adaptation among businesses to the new economic conditions, which is fostering innovation and resilience across various sectors.