SHANGHAI, Jun. 28 (SMM) - Prices for tire exports by Shandong jumped 8.9% to 239.3 yuan each in the first five months of 2017, dzwww.com reported.
Shandong exported 9,374 tires in January-May with value totaling 22.43 billion yuan.
The average export price surged 13.6% to 250.1 yuan each in May, the highest from October 2015.
Higher raw material prices and increased manufacturing cost pushed up tire export prices, according to Qingdao Customs.
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: email@example.com or firstname.lastname@example.org.