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Tight supply of raw materials to be re-tire prices-glow plug,spark plug
 

Keep up with demand for natural rubber production has started the domestic tire market, Michelin China, said prices No price adjustment plan

    Recently, the global Association of Natural Rubber Producing Countries (ANRPC), said the next few years, the supply of natural rubber would have been very nervous.

    Japan's Kyodo News reported yesterday, the tire giant Bridgestone and Michelin have said, in September, will the Japanese truck and bus tire market price increased by 10%.

    Reported that tire prices of the main reasons is that China and other emerging market countries need to expand, while the fuel and raw material prices. Price range is expected to be further expanded.

    Price increases in the domestic tire has dozens of dollars first one hundred yuan

    Year, the international tire market set off a wave of price hikes on the tide, and spread to China.

    Almost all the world's leading tire manufacturers introduced a price plan, price range of almost all varieties of tires, most of the range of 5% to 10%.

    Following the December 1, raise the price of replacement tires in North America truck after February 1, Michelin North America once again increase its passenger car and light truck tire prices.

    In mid-December last year, Bridgestone will also be sold in the Chinese tire market price increases by 4%.

    Continental Tire announced in 2011, the increase in China's commercial vehicle tire replacement tire market price, the average increase of 5%.

    Media reports said in Beijing recently Takemoto Shibalidian Auto Parts City Auto Parts City and found that from last month, the major brand tire dealer has been on the tire manufacturers began to receive notification of price increases, increases in the range tens of dollars first hundred dollars.

    "Almost all brands of tires are prices!" An official said sales of tires. Since March of this year, is a new, Hankook, Kumho, Michelin, horse brand and other brands of tires are starting price, of varying magnitudes.

    Morning, Michelin's head of public relations in China to accept the "Legal Evening News" reporter, said earlier this year, Michelin tires, it has been the domestic price up too, and now the company's product is currently no price adjustment plan.

    The official further said that as the tire business, the cost of raw material prices will certainly generate pressure, but the company through the innovation of new technologies, to optimize production processes, improve production efficiency and other means to reduce costs, not because prices of raw materials a , immediately passed on to the product and consumers.

    The next seven years supply of natural rubber are times children can not keep up

    21 this month, the world's natural rubber producers association said that due to several important producing countries increased production of natural rubber tire manufacturers can not meet global demand, tight global supply situation of natural rubber at least the next seven years to continue.

    Global natural rubber producing countries members of the Association 92% of the global rubber supply.

    In the past year, the limited supply of natural rubber to boost growth in the Tokyo rubber futures prices rose 47%, which also makes the global tire manufacturer's costs.

    Data show that the global natural rubber producing countries members of the Association of natural rubber production, of 9.9 million tons next year from this year rose to 10.3 million tons in 2015 and 2018, are expected to rise to 12 million tons and 13.4 million tons.

The article above is transfered from glow plug, and spark plug





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