Tyres Price keeps increasing
All Chinese tyres manufacturers increase their price by 3% to 5% for all new orders made on or after March. The price increase is set to take effect from March. 1st. And the tire price would be increased by another 4% from April. Pirce still keeps on going up.
We NAMA are offering below sizes with ready inventory, we can can effect immediate shipment before the price is increased again.
Popular TBR sizes as below:
The price increase is caused by the raised raw material cost from Sep. 2020 and the shortage of raw material. All the manufacturers are trying to increase prices to recover the raised raw material inflation. Below is the Rubber trend and other raw material price trend for your reference.