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Oct 29, 2008

Tire prices of raw materials markets mixed

Because of the raw materials used in tire prices rise, good tire (600182.SH) is being subjected to a test. A few days ago, good tire Dong Mi Wu Zhiwen, told reporters the company is on the increase of the internal explore. However, the automotive industry has led to the cooling domestic product started to tire a large number of backlog, there have been mixed tire distributor.
Side of the brewing side of the promotional prices on the best price-to weigh whether the price increases, to force the tire and Hankook Tire sales in this way is actually a promotional price. A dealer told the reporter that power back to the Gold Cup with the tires "to buy eight to send a" return to power of the Santana 2000, as well as tires Hankook Tire products are part of the "buy ten get one free." The dealer was great grievances to the reporter: "A lot of tire sales business is facing a backlog of goods."
However, the general manager of the Shanghai Quyang Tire Co., Ltd. Hui Kwok-hing said that some products prices should not rise now. "We do Goodyear's agent, the price of car tires has not changed, tread rubber and tire bus card prices have increased.'s Passenger car tire card has a 5% price increase." He said.
Nanjing Kumho Tire sellers in Shanghai --- Shanghai Trading Co., Ltd. and Thailand's proud of a staff member said that most of the varieties used car prices by 15%, there are dozens of species involved.
Kumho another dealer complained to the reporter: "Although the price has been Kumho, but the price after the sale of the ideal situation is not. Last Saturday, the headquarters of the company's sales come on the poor dealer held Forum. I guess they will be the next big promotion. "
China Rubber Industry Association Tire Branch of the Under-Secretary-General on Yu-kun said that most of the card bus tire prices have been. Car tires because profit margins are still relatively big, so obviously it did not move. "Bus card with more raw materials, it is not possible not to increase. It should be noted that, from 1 to May this year, natural rubber prices remained unchanged. Jun, natural rubber prices started almost a month or per ton More than 1000 yuan, from 12,000 yuan / ton rose to the current 16,000 yuan / ton, this phenomenon has not yet reflected in the production of tires on the car. "For now there is down or the car tire market, he thinks it will produce business and Sales are difficult.
Soaring prices of raw materials, said Wu Zhiwen, oil prices have reached record high prices, so that the tire rubber products such as tumbling prices of raw materials like followed up. Synthetic in the butadiene rubber, compared with the same period last year, or more than 30% of the antioxidant chemicals in the prices of the same period last year rose about 80%. Rubber production has been poor regional climate and other factors, the price of natural rubber has gradually improved.
Reporters from the nation's largest manufacturer of antioxidant St. Austrian Chemical Co., Ltd. understand that 4020 models of antioxidant products, last year's price of 38,000 yuan / ton or so, in June this year, Meng began to jump up to 44,000 yuan / ton, more than the market expected. "It is about 45,000 / ton to 46,000 yuan / ton range." Sales of the company told reporters that Miss Wu, antioxidant higher costs of raw materials is the antioxidant aniline this year due to an increase of 50%. The company predicted that the current trend of rising raw material prices will not reverse in the short term, the impact is expected to continue in the second half of the operating company.

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