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Home / Metal News / Two Global Leading Tyre Producers Announce Price Hikes

Two Global Leading Tyre Producers Announce Price Hikes

Aug 4, 2017 09:54

Source:SMM

Japan’s YOKOHAMA and Sweden’s Trelleborg announced to raise tyre prices.

SHANGHAI, Sep. 4 (SMM) – Japan’s YOKOHAMA, global leading tyre producer, notified that prices of commercial tyre sold in US and off-the-road (OTR) tyre will rise 4% from September 1, 2017. The company will also adjust price of passenger car (PC) tyre at the same time.

Price Hike Storm Sweeps Tyre Market in China

Coincidentally, Sweden’s Trelleborg also decided to raise tyre prices by 8% from September 1 mainly in North America, including agricultural tyre, logging tyre and OTR tyre, etc.

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