Dow Jones reported that the Swedish auto parts supplier Trelleborg Corporation (TrelleborgA.B.) Recently said the company plans to increase its tire prices in the European market, and will from August 1, 2011 onwards at the new price for sale tire products.
Trelleborg company said rising raw material costs, and rising market demand, the company's agriculture and forestry, light industry, tire and wheel system prices will rise up to 7%.
In April, the company announced that its European and North American markets while increasing tire prices up 9%.
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