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

Posted: 01|22|12 at 10:54 pm. Filed under: party entertainment.

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