Raw material prices fall back to ease cost pressure tire industry profits repair boom improved

[raw material prices fall, ease costs, pressure, tire industry profit repair boom improved] FAP, just this past May, all-steel tire raw material prices fluctuated downward, especially carbon black and other auxiliary materials prices fell more significantly. The reporter learned that "prosperous production and marketing" has become a common situation in the industry since the beginning of this year, the industry operating rate is also at a high level, and the prosperity is gradually improving. Zhuochuang information tire industry analyst Guo Juan said that recently, the prices of the main raw materials of tires have declined to varying degrees, so that the pressure on tire production costs has been effectively alleviated. A number of institutional analysts believe that the decline in raw material prices superimposed an increase in operating rate, the profit margin of tire enterprises is expected to repair, and the profit space of enterprises is expected to open gradually. (Securities Daily)