According to U.S. media reports, since July 1, the North American market, China's overall tire prices, ranging from 5% -8%.
It is understood that, as early as June 25-28, double-money, Blue Star, back to power, such as the Motorola brand tire dealers were already released information on price increases to prepare, but the rate of price increases undecided. July 1, from the Chinese Tuomasite (Towmaster), Huomasite (Homaster) and Jessica (Secura), and other brand tires first price increase of 8%. Most of the Chinese tire dealer said that the new export tax rebate policy of the entry into force of 30-45 days, the full price is inevitable. Distribution Hi Road, Long, Shupokake (Super Cargo) project and super-child (Super Strong) brand tire dealer in Houston said they are analyzing the data with a view to adjusting product pricing.
In addition, a number of joint ventures in China's tire manufacturers, such as Cooper Tire & Rubber Company also said that they had taken note of China to adjust export tax rebate rate will affect the pricing of its existing products, but they have not yet taken any measures. Hankook Tire (USA), and other foreign tire manufacturers that China's tire prices, they will also be appropriate to raise the prices of their products.
Nov 1, 2008
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