By David Shaw, Tire Industry Research If you work in the tire trading business, you’ve probably been receiving a series of emails from suppliers telling you about price increases. These are blamed on rocketing raw material costs Yet there’s not much sign of prices increasing in the retail market. If anything prices are still going
Tag: Prices
China’s Tire industry – the fog begins to clear
China’s tire industry is in melt-down. The question now is, how long can the current situation last? I’ve just come back from Shandong Province and the mood is not good. When things are not going well, Chinese people will rarely tell you the real situation. When they tell you things are bad, you know the
Thailand to release 200,000 tons of stockpiled rubber
Thailand’s Agriculture Ministry plans to release 200,000 tons of rubber stock in an effort to prevent oversupply as the new rubber tapping season is approaching. According to Deputy Prime Minister and Agriculture and Cooperatives Minister Yukol Limlaemthong, the ministry is set to unload huge stocks of rubber products, adding that it is better that the