Oil price rubber soared Thai tire industry hit hard

    According to Thailand’s “World News” report on March 12th, Noritake Nutrition, manager of Bridgestone in Thailand, revealed that the continuous rise in oil prices and the increase in the prices of various raw materials have affected the automobile tire industry, causing fears of growth rates. Failed to reach the target.

    Most companies expect that sales of the automotive tire industry will exceed 8 million in 2011, which will be higher than the 7.5 million to 8 million in 2010, or 7.9%. The industry is optimistic about the outlook for the tire industry in 2011 because the economy has improved, the tire industry has shown good momentum, and large players have joined the market. In addition, we must also pay attention to the negative factors such as the rise in oil prices and the prices of production materials.

    Nuocu said that 2010 was a year of success for the company. Although it is expected that the demonstrations in 2010 will cause sales to shrink, sales in the third quarter of 2010 increased by 9.3%. The target amount set by the company in 2011 is to maintain a market share of 55-58%, and will increase investment in factories to increase productivity. From the current stage, the daily production capacity will be about 3,000 tires, and after a few years, it will increase to Nissan 50,000. Article. At the same time, currently, the factory in Lanshi has a daily capacity of 8,000 tires.

    Due to the increase in raw material prices, Bridgestone raised its product price by 5-8% from March 1. It is reported that in October 2010 the company also had a 3-5% price increase, mainly due to the rise in rubber prices.

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