Chines tire prices continue to grow in Oct.
2017-10-16 16:36:50Editor：AmandaFont Size：Big Medium Small
Twelve tire producers have issued notifications for price lifting so far in Oct., including large producers such as Zhongce Rubber, Linglong Tire, Cheng Shin Rubber, and Aeolus Tire.
Large increases in raw materials prices are the major reason for the tire producers to lift prices.
Michelin also announced that it will adjust passenger car tire price in the short term due to raw material price hike and increased manufacturing cost.
Tireworld
- Tireworld Insight: Domestic tire makers eye overseas expansion
- Tireworld Insight: Price disparity severe between China's rubber exports and imports
- Tireworld Insight: China tire exports dependent on US market performance
- Tireworld Insight: SHFE rubber expected to move in tight range in short-term
- Tireworld Insight: Rubber futures to test near-term resistance at 15,000 yuan/tonne
- Tireworld Insight: China’s tire industry on track of rapid growth
