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China's 21 tire companies lifting tire price

There has been 21 tire companies announcing to raise tire price since Feb.23, which means that a new round of price growth coming in China.

According to the announcement, butyl rubber inner tube and butyl rubber engineer inner tube have over 5% of price growth. 

Butyl rubber inner tube from Anshan Dazhong Tire Co.,Ltd raise 10%, which is the largest growth in this round.

Most radial tires have 2-3% of growth, and some has 5% of rise.

Those 21 tire companies included some large tire manufacturers such as Qingdao Double Star, Aeolus Tire, Linglong Tire etc., but also included some small tire manufacturers such as small tire makers like Aitechi Tire, Jinsitan Tire and so on.

Tireworld