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Duties and Raw Materials and Tire Prices - Tire Review Magazine
The good news right now, say industry analysts, is that input costs continue their downward trend. Oil, as you surely have seen, remains below $50 per barrel, and natural rubber prices remain stable but well below the rates of recent years. So, the watchers say, depressed raw material costs will help boost tiremaker gross margins.
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Tyre makers set to hike prices again as raw material, fuel
Tyre manufacturers such as Apollo Tyres and JK Tyre have decided to increase prices due to the rise in raw material costs and fuel prices. “Fuel price is one indicator, but as raw material is a
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