Visit the original URL
At the end of the year and the beginning of the year, tire companies once again started the price increase mode. According to incomplete statistics from reporters, since December 2022, more than 30 tire companies have issued price increase letters. In this regard, many interviewees believe that due to multiple factors such as rising raw material prices, low operating rates, and poor logistics, tire companies have high production costs and need to pass costs downstream. “In 2023, driven by the international and domestic markets, the tire industry is expected to achieve further development.” Weng Zichi, a senior investment consultant of Jufeng Investment Consulting, said that with the increase in product prices and the gradual recovery of the market, the profits of tire companies are expected to be further restored. (Securities Daily)
media reports
Sina Sohu Sina 36Kr
related events
- Since December last year, more than 30 tire companies have issued price increase letters, and the industry’s profits may continue to recover as demand picks up2023-01-05
- New function of Tesla car machine: it can show whether the tires are excessively worn2021-12-15
- Daimler applies for a new patent: it can deflate tires to help slow down when the brakes fail2021-11-24
- Tianlun Supply Chain, a commercial vehicle tire operation service provider, completed the A round of financing2021-06-22
- Microsoft and Bridgestone develop smart tire monitoring system to detect tire defects2020-06-30
This article is transferred from: https://readhub.cn/topic/8mjEiAAtDMW
This site is only for collection, and the copyright belongs to the original author.