Tire prices rise or will continue until March 2011

Has it continued for nearly a year's rally before it reaches the end? “According to the current trend, it is expected that by March 2011, the tire price will be stable or declining.” Dongguan Kadingmeis tire distributor The reporter explained that the dealer said that the analysis of the tire price trend in the industry is based on two judgments. First, the rise of natural rubber as a raw material has a lagged effect on the finished tires . The current market price brewing is basically the price increase. The tire manufacturers were unable to absorb the historical cost of rubber prices in September 2010 when they were unable to digest the cost pressures. In addition, after the price of natural rubber was overheated by hot money, deli’s hot money was gradually withdrawn from the rubber futures market. Nowadays, natural rubber The prices in the futures market have started to show a trend of decline, which is calculated from the production cycle of tire manufacturers from raw material procurement to finished product shipment. From February to March 2011, the price of tires will stabilize or fall.

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