| erienced a two-year low, the global tire market as the | | | | Thailand, Indonesia, Malaysia, and India's rubber output, |
| economy entered a price increase to a good cycle, | | | | production of these major rubber producing countries |
| the recent price increases the industry's fresh wind | | | | decreased significantly. Market participants fear |
| blowing. Investors, tire demand has bottomed out in | | | | coupled with strong demand to make rubber prices |
| 2009 in Europe and the United States, demand for | | | | steadily climbing in mid-January rubber prices have |
| replacement tires rose 6.4% and 9.7%. In this context, | | | | more than three U.S. dollars kg, close to a record high |
| tire manufacturers have plans to deploy a new round | | | | point of 3.25 yuan kg. |
| of expansion. | | | | Yokohama Tire Sales Director Xiaoendanlei (Shawn |
| Prices tidal wave after wave of | | | | Denlein) said: "The main raw material for the tire to |
| An earlier price increase is the Goodyear tire | | | | maintain a continuous upward trend. In addition, |
| company, from December 1 last year, the Goodyear | | | | transportation costs are also rising. The company has |
| tire prices up by 6%. Later, Bridgestone Americas, | | | | taken to improve production efficiency, reduce costs |
| Continental Tires North America and Japan, | | | | and a series of internal improvement measures to deal |
| Yokohama Tire Company has successively increased | | | | with of raw materials rose, but the resilience of the |
| tire prices. With effect from January 1, Bridgestone | | | | enterprises have reached the limit. We are compelled |
| Firestone, and sub-brand tires (including ancillary and | | | | to make the decision of price rise. " |
| retail) prices increased by 5%, Continental Tires Tire | | | | China's tire exports to the U.S. blocked |
| North America, the price increase is also about 5%, | | | | Another driving factor in tire prices in China by the |
| Yokohama tire prices for all 6%. The climax in the U.S. | | | | United States to use light truck tires almost 35% levy a |
| tire manufacturers have joined the ranks of price | | | | special tariff, has seriously affected China's tire |
| increases. From January 1, the Kumho all of the car, | | | | exports to the United States, the world's tire |
| light truck SUV and commercial truck tire prices | | | | manufacturer's price increase has created conditions |
| increased by 8%, times the endurance of all passenger | | | | for a round of tire trigger prices. Now that imports |
| cars and light trucks sport utility vehicle tire prices | | | | from China passenger light truck tire line of the basic |
| increased 4.5%. Michelin North America has also | | | | block, the U.S. distributor had to a tire manufacturing |
| announced that with effect from February 1, Michelin | | | | company outside of China for sourcing, leading to the |
| sold in the U.S. and BFGoodrich brand commercial | | | | U.S. a shortage of tires, especially low-end tires, tire |
| truck tire replacement tire prices will increase 7%. This | | | | prices rise about 10% of the resulting . |
| price increase will also apply to the renovation of | | | | Eager to invest again high |
| Michelin tires, passenger car and light truck | | | | Tire prices has triggered a tire investment. The financial |
| replacement tire prices will also rise, Michelin brand | | | | crisis, the world's leading tire company Michelin and so |
| earthmover tire prices will rise by 4%. | | | | on almost stopped all expansion plans. The recent |
| Due to strong market demand, combined with tire | | | | global expansion of tire plant and the new project |
| manufacturer's stocks have dropped to 20 ~ 25 days | | | | began. Michelin plan for the future 2 to 3 years in India |
| the level of production in the Indian market tire prices | | | | 870 million U.S. dollars investment in the South to build a |
| recently rose 5% to 7%. Tata Motors said that the tire | | | | truck tire plant put into operation in 2012. Bridgestone |
| conspicuous contradiction between supply and | | | | plans to invest 56.3 million U.S. dollars of its Kheda plant |
| demand, although production has increased over the | | | | passenger and light truck tire production capacity |
| past few weeks, but the tire supply is still difficult to | | | | increased to 15000 day. Pirelli announced that Brazil, |
| follow. Sri Lanka's Tire Co., Ltd. today announced that | | | | Latin America, an additional investment of 100 million |
| Dunlop, Falken, Sumitomo brand tires such as prices, | | | | U.S. dollars, development works tires (OTR), farm tire |
| most prices will be increased by 5% ~ 10%, an | | | | production. Toyo tires in Southeast Asia also |
| increase of a maximum of 15%. | | | | announced the establishment of a new tire plant. U.S. |
| Financial analysts expect the European tire | | | | Cooper Tire to increase 10 million U.S. dollars of |
| manufacturers in January climax price of the product | | | | investment to improve its automated tire plant |
| will grow by 5% to 8%, due to market demand | | | | production levels at the same time announced a price |
| increases and supply shortages in some parts of tires. | | | | increase in the Texarkana plant capacity, on the |
| Morgan Stanley analysts said in mid-October last year, | | | | Arkansas and Mississippi, Guadalajara, Mexico and in |
| Hankook Tire's products in the United States rose 7%, | | | | China a joint venture production facilities in Kunshan |
| a further price increase 7% in the first half of this year, | | | | expansion. |
| which will significantly ease the natural rubber prices to | | | | The world's tire manufacturers have price increases |
| bring pressure. | | | | have affected the Chinese tire industry marketing and |
| Soaring costs of raw materials shortage | | | | distribution of foreign brands in China recently have |
| Tire Company in the interpretation of the reason for | | | | mostly around 5% price increase, several tire |
| price increases, without exception, said that rising raw | | | | manufacturers plan to gradually introduce price hikes |
| material prices have reached unsustainable proportions. | | | | planned. |
| November's heavy rain and flooding severely affected | | | | |