On September, Chengshi Rubber released that it will lift production price on Maxxis full-steel TBR.
The company said that with raw materials price soaring, tire production cost also increased in recent months. This is the second time that the company raised its production price. On September 1, the company has lifted Maxxis light truck radial tyres' price.
According to journalist from Tireworld, until now, there have been over 20 tire companies, including Guizhou Advance Tire, Shandong Yinbao Tire, Wanli Tire etc., announcing to raise up its production price, with raw material price rising in recent days.
