 Home > Chemicals Industry > China Chemical > Rising prices of chemical raw materials drove many tire companies to adjust prices

Rising prices of chemical raw materials drove many tire companies to adjust prices

 Last Update: 2021-11-19
 Source: Internet
 Author: User

Tags

organic sales growth

zinc ii oxide

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Recently, many tire companies, including Zhengxin, Michelin, Giti Tire, Zhongce Rubber, and Sailun Tire, have announced that they will increase the prices of some products due to rising raw material prices.

From the perspective of product price increases, the price increase of upstream chemical raw materials is still the fundamental factor driving this round of tire price increases.

As a tire company in the auto parts industry chain, directly benefited from the increase in domestic auto production and sales.

Since the second half of 2020, the overall positive trend of domestic tire production and operation is also reflected in the stock price increase.

Looking ahead, the demand side of the auto parts industry chain will remain strong.

[Copyright and Disclaimer] All copyrighted works belonging to this website must be authorized when reprinting and indicate the source "China Industrial Economic Information Network".

Further reading

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

Factory Direct Supply Thorium Oxide 99.9% CAS: 1314-20-1

CAS No.: 1314-20-1

Industrial Grade

$1-1.2/MT FOB

GUM GUAIAC powder

CAS No.: 9000-29-7

Chemical Grade

$55-66/KG FOB

ethylene glycol Liquid

CAS No.: 107-21-1

-

$0.9-1/KG FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The Market Supervision Office of Longmen Town, Lintao County, Gansu Province, carried out a special inspection of food safety before the "Double Festival"

Longmen Town, Lintao County, Gansu Province, launched a large-scale investigation and major renovation of the starch processing industry

Top 10 global CRO companies in 2021

Can cancer patients eat chicken essence

Is yogurt alkaline or acidic?

The difference between PU and NC wood paint Seven differences to look at carefully

Benxi biological hepatitis B and AIDS test box have been registered. Two products can be put into production this month

The Market Supervision Office of Longmen Town, Lintao County, Gansu Province, launches a special inspection of school food safety in the fall of 2021

What is Weilin

What is cereal alcohol? Is it dangerous to use it for food and wine?

Contact Us

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.

Trending Topics

Drugs Articles Paints and Coatings Market New Chemical Materials Latest Medical News Biotechnology News Food Articles Medical World News Chemical Technology Feed Industry News China Chemical Antitumor Therapy Rubber Plastic News Study of Nervous System International Chemical Plant Extracts News