Japan And South Korea Tire Enterprises in The First Quarter Collective Price

Japan and South Korea tire enterprises in the first quarter collective price rise: affected by the cost rise, tire prices in overseas markets ushered in a new round of rising tide. Hankook Tire raised tire prices in Europe by 4 to 5 percent in the first quarter of this year. North American tire prices, up 6%.

During the same period, Kumho European market tire prices also announced a 5 percent increase. South Korea tire enterprises collective on Europe and the United States up, Japanese tire enterprises on Japan.

Bridgestone announced yesterday it would raise Japanese tyre prices by an average of 7 per cent from April; Sumitomo Rubber and Yokohama Rubber have also announced plans to raise prices by April.