The Highest 5%, Many Domestic Tire Enterprises Announced Price Increases!

- Mar 18, 2019-

After the Spring Festival, a number of domestic tire enterprises issued price increases to dealers notice.In march alone, announced price increases tire enterprises have ningxia shenzhou, yinbao tire and fangxing rubber and other six, price increases of 2% to 5%.

Tire manufacturers pointed out that with the continuous increase in tire manufacturing costs, in order to continue to provide quality products for the majority of users, had to issue a price increase notice, according to the notice issued by the enterprise, since the first quarter of 2019, the price of raw materials has become the most frequently mentioned reason.

According to the arrangement, announced from March 1 began to increase the price of three enterprises, fangxing rubber announced to increase the price of some specifications of its products, the extent of the increase is not specified;Guizhou tire announced an increase in its all steel heavy truck tire prices 3%;Wanli tire announced an increase of 13 to 15 inches of 12 brand specifications of the product price 5%.

From March 6, two enterprises began to increase the price, ningxia shenzhou announced to increase the invoice price of their products 2%, shandong yong sheng announced to increase the PCR domestic products invoice price 2%;Yinbao tire will raise the price of all its products by 3% to 5% from March 11.