Recently, many tire companies,including Hongsheng Rubber, Continental, Chengshin Rubber etc., announced to lift tire price from April.
Hongsheng Rubber raises price of HabILEAD brand; Yokohama raises machinery tire; and Trelleborg tire also said it will lift tire price from April in Europe. Followed, it will raise 10% in North American market, and 5% in the market.
Besides tire manufacturers, carbon black companies, including Russian JSC(Yaroslavskiy tekhnicheskiy Uglerod), Japan Mitsubishi Chemical,Clariant Chemical etc., also announced to raise production price.
JSC will lift carbon black price by 124 dollars/ton; and Mitsubishi Chemical will lift 400 dollars/ton.