The wholesale prices of part of tire specifications of Chaoyang Tire decreased in Nov. in Henan province.
The wholesale price of 185/60R14 RP26 is 150 yuan/tire, down 13 yuan/tire from Oct.
The prime dealers launched new promoting policy and gave special offers to some common specifications.
Currently, the transaction prices in the retail market have been stable and the transaction volume is steady.
As the wholesale prices of some specifications are lower, distributors are more active in stocking. As the tire prices are expected to rise in Dec., the common specifications are also sold well.
Prices of mainstream tires are as follow: (Unit: Yuan/Tire)
