China Tire Export Price Plunges in First Three Quarters

Industry News 04:20:50PM Nov 14, 2016 Source:SMM

SHANGHAI, Nov. 14 (SMM) - China’s export prices for passenger vehicle tire fell 12.7% year-on-year in the first three quarters this year to $2,507.9 per tonne, cet.com reported.

The average export price for truck tire was $2,031.0 per tonne, a drop of 13.5% year-on-year, with $2,574.3 per tonne for OTR down 9.4% year-on-year.

Domestic tire prices stabilized at lows, and will remain weak in the foreseeable future. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

China Tire Export Price Plunges in First Three Quarters

Industry News 04:20:50PM Nov 14, 2016 Source:SMM

SHANGHAI, Nov. 14 (SMM) - China’s export prices for passenger vehicle tire fell 12.7% year-on-year in the first three quarters this year to $2,507.9 per tonne, cet.com reported.

The average export price for truck tire was $2,031.0 per tonne, a drop of 13.5% year-on-year, with $2,574.3 per tonne for OTR down 9.4% year-on-year.

Domestic tire prices stabilized at lows, and will remain weak in the foreseeable future. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.