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The price of Chinese tire soared
作者:POWERTRAC    发布于:2017-02-14 09:35:17    文字:【】【】【
摘要:Thanks for all your supporting over the years to POWERTRAC TYRE CO., LTD.

Thanks for all your supporting over the years to POWERTRAC TYRE CO., LTD.

1、For the more half year, the prices of raw materials, like Natural rubber, Synthetic rubber, Steel cords and Carbon black etc, had increase 100% even more than 100%. This caused the tire production cost increase too much.  
 


This is chart of Natural Rubber price from Jun 2016 till end of Jan 2017, i'm sure you're clear about it very much. You can clearly see the price increased more than 100%(2nd of Jun is 10145RMB while 26th Jan is 21760RMB per ton).
 
2、According to the present situation, the tire price will keep increase for 2017. For what we know, many factory already increase 10% to 30%, the premium brand like Michelin and Bridgestone increase 10%, the brand like Giti and Hankook increase more than 10%. All the Chinese factory had increase 20% averagely.. The 2nd run for price rise will start from next month, because according to the production cost now, all factory had to increase 40% to 50% to keep normal production, you will get the inform recently.

3、The price rise will reshuffle the tire industry. Many factory break up and many haven’t start produce until now, the price rise will accelerate the bankrupt . 

4、Everyone is facing challenge now, but there also have big opportunity.

We suggest you be ready for the price rise and don’t hesitate to take action, hope you confirm order and ship as fast as possible.

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