The whole February, along with rubber and other tire raw material prices continued to rise, "price" has become the main theme of the tire industry. The last week, many tire companies once again issued price increases notice. From the latest news from the European tire market, Bridgestone has announced that it will price adjustment for all its branded tires, with an average increase of 8%.
Overall, the increase in cross-border tire brands remained at 8% -10%, the local tire brand from the end of last year to the present, basically rose between 10% -30%, some brands rose as high as 30%.
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Weifang Gunaite Rubber Co., Ltd.