Price of Ruber Raw Material has beeing Roaing up Since Feb 2017

Throughout the February, discussions about the price of tyres kept warm. The reporter found through access to each tire enterprise at the beginning of the March announcement, there are at least 9 companies posted a new notice of price increases, many enterprises even jumped up, from this point of view, this round of price storm is far from over.

The tire prices are the root cause of the rising prices of raw materials, and from the range of view, multinational brands rose mostly in 8%-10% or so, while the local brands rose the highest, reaching 45%.

According to industry analysis, after the surge in prices, the domestic tire industry will be new changes in the pattern, I believe the industry is also expected to usher in a real reshuffle.

The price of raw materials doubled

Tire production pressure