Michelin-Yokohama Tyre Price Rises-among those set to hike prices – European Rubber Journal

Michelin-Yokohama Tyre Price Rises

Michelin-Yokohama Tyre Price Rises

Michelin and Yokohama Tyres ready to be fitted to your car, At Pellon Tyres in Halifax UK. But price rises will be coming our way in 2017.

Michelin-Yokohama Tyre Price Rises

Michelin-Yokohama Tyre Price Rises

This article in the European Rubber Journal. Hence, is further proof to me that tyre prices are at rock bottom. Therefore, and need to rise. Because, I have been in the tyre trade now for over forty years. Hence, I have seen the rise and fall of tyre prices many times. Due to differing circumstances. Naturally, inflation and stagnation are one of the reasons. Other reasons have been the shortage of raw materials. I can remember a shortage of raw material “latex”. Due to bad weather in the latex growing areas. Hence, this pushed up the price of tyres.

As in many other industrial areas, then the raw materials that tyres are made of has been steadily rising. Manufacturers can and have absorbed the costs. But price increase are imminent. This report sets out reasons. probably a lot better than I can.

Eric Roberts.

Source: Michelin, Yokohama among those set to hike prices – European Rubber Journal