The news of tire prices has once again filled the market. The reporter was informed that due to the high prices of natural rubber and other raw materials, upstream producers, suppliers, and crude oil prices and other factors, after the price adjustment in mid-March, the prices of tires in Shandong Zibo market have risen again, and some brands have gained. Up to 8%.
Previously, due to factors such as rising demand and upstream price increase, retail prices of tires in various locations in Shandong, including Zibo and Weifang, have risen in mid-March. Each tire has risen between 10-30 yuan.
Just over 20 days later, Zibo market tire prices rose again. On the 6th, the reporter saw a number of tire sales outlets in Wangshe Auto Parts City. The prices of tires from Hankook, Bridgestone, Giti, Michelin and other brands all increased in different degrees. "This is the second time the price adjustment." The Auto Parts City, a tire sales point confirmed to this newspaper.
In another tire shop not far from here, a tire trader surnamed Wang said that the highest increase in domestic car tires was even as high as 8%, while industrial tires rose even more, and some brands even as high as 16%. In the store, the reporter saw 14-inch tire prices ranging from 10-50 yuan/bar, while the maximum price increase for 16-inch tires was maintained at 50-100 yuan/bar, with Michelin 16-inch tires For example, the average price rose by RMB 110/bar. "This price, compared with the tire price in February, has risen as high as 8%." The name of the surnamed Wang said that since the beginning of March, they have experienced two adjustment period.
The above discourse was also confirmed by the tire companies. On the 6th, the reporter contacted a number of tire sales companies in the Xishui Industrial Park, Guangrao County, Shandong Province. At present, they have issued a "notice" for the price increase. As for the reasons for price increases, the cost has risen.
In this regard, the reporter was informed that since the beginning of this month, the production of tire raw materials - natural rubber futures prices continue to rise. Zhuo Chuang Information Natural Rubber Analyst Yu Jianlei said that the possibility of capitalizing on droughts is increasing. “At present, the preliminary inventory of plastics companies has digested about 70%, plus the advent of tire replacement season in March and April. Rising consumer demand and drought-prone weather in major rubber producing areas are providing soil for capital speculation.†According to data from the Shanghai Rubber Futures Exchange, the current rubber price is maintained at around RMB 25,000/ton, which is a year-on-year increase of 150%.
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