Our average expected production times across all product lines decreased 3.5 days heading into August, as signs of a manufacturing slowdown inside China take hold. Our National Silicone foam line saw the largest decrease coming down 15 days from the start of July. This is followed closely by our Premlene sheet rubber line which decreased 10 days. Our GCP molded parts line saw a respectable 5 day decrease, after coming down 10 days the previous month. All other expected production times remain unchanged from July.
As we move into August, China’s factory activity contracted unexpectedly after bouncing back from COVID-19 lockdowns the month before. Fresh virus flare-ups and a darkening global outlook are weighing on demand. The official manufacturing purchasing managers’ Index (PMI) fell to 49.0 in July from 50.2 in June, the National Bureau of Statistics (NBS) said, below the 50-point mark that separates contraction from growth and is the lowest recording in three months. Chinese manufacturers continue to wrestle with high raw material prices, which are squeezing profit margins, as the export outlook remains clouded with fears of a global recession on the horizon.
August Production Times
Our August 2022 production times measure the change in days an average order will take to produce from the time it is submitted (all facilities). This includes the time it takes to book a container. However, it excludes ocean shipping and other transit times.
If you have any concerns with your orders on hand or would like to discuss anything in more detail please do not hesitate to contact us for additional support.
August 2022 Production Times:
Premlene
– Sheet Rubber: 40-45 Days
– Eng. Structures: 70-75 Days
National Silicone
– Solid: 35-40 Days
– Sponge: -30-35 Days
– Foam: 40-45 Days
Rubatex
– Sponge: 70-75 Days
GCP Sourced
– Hose: 70-75 Days
– Molded Parts: 65-70
– Clamps/Fittings: 85-90 Days
– UHMW-PE Sheet: 55-60 Days
Premlene
– Sheet Rubber: 40-45 Days
– Eng. Structures: 70-75 Days
National Silicone
– Solid: 35-40 Days
– Sponge: -30-35 Days
– Foam: 40-45 Days
Rubatex
– Sponge: 70-75 Days
GCP Sourced
– Hose: 70-75 Days
– Molded Parts: 65-70
– Clamps/Fittings: 85-90 Days
– UHMW-PE Sheet: 55-60 Days
July 2022 Production Times:
Premlene
– Sheet Rubber: 50-55 Days
– Eng. Structures: 70-75 Days
National Silicone
– Solid: 35-40 Days
– Sponge: -30-35 Days
– Foam: 55-60 Days
Rubatex
– Sponge: 70-75 Days
GCP Sourced
– Hose: 70-75 Days
– Molded Parts: 70-75
– Clamps/Fittings: 85-90 Days
– UHMW-PE Sheet: 55-60 Days
Premlene
– Sheet Rubber: 50-55 Days
– Eng. Structures: 70-75 Days
National Silicone
– Solid: 35-40 Days
– Sponge: -30-35 Days
– Foam: 55-60 Days
Rubatex
– Sponge: 70-75 Days
GCP Sourced
– Hose: 70-75 Days
– Molded Parts: 70-75
– Clamps/Fittings: 85-90 Days
– UHMW-PE Sheet: 55-60 Days