The price increase army added another member to advance the price of truck tires

On October 15, 2018, there was another member in the big army of price increase. The tires issued a notice of price increase, and the price of all steel trucks and buses was up 5%. The price increase began on October 15, 2018. , do not accept the first to lock the order price.

For this price increase, the reason given by Guizhou Qianjin Tire is that due to the tight supply of raw materials, the company is unable to fully absorb the cost pressure. At the same time, it is indicated that the tire price will be further adjusted according to fluctuations in raw material prices, and dealers are prepared to adjust retail and wholesale prices in a timely manner.

Price increase notice

Previously, the advance tires also issued a price increase notice on July 18, 2018, but the reason for the last price increase was due to the increase in sales of the company's tires.

Even if the retail store is not optimistic about the price increase, it can not stop the issuance of the price increase letter. Since September 2018, dozens of tire companies have announced price increases, including many domestic tire companies. Even the increase is as high as 10%. In addition, in terms of raw materials, although the price of natural rubber has increased slightly, the price has not changed significantly since the sudden increase in August 2018. However, as the auxiliary materials for manufacturing tires or upstream materials have increased in price, the price increase of tire companies is not Traces can be found.

Raw material prices rose

For the future, whether many people hold the attitude of watching, there is no substantial purchase phenomenon, and some people think that the inventory should be reduced to avoid unexpected situations.

Reading volume: Source: Tire Business Author: Wang Xu

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