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Guizhou Tire lifted production price by 2%
Date: Jul 25th 2018 Copy editor: Tyrefull
On July 18, Guizhou Tyre announced to lift price on six sizes of tires by 2% including 12R22.5-18GL and 292A/293A/295A /255A/256A/257A.
The company reported 2.052 billion yuan of sales revenue and 11,370,000 yuan of net deficit in 2017.
Insiders said they were not understand Guizhou Tire's behavior. Nowadays, there were large tire stock in tire dealers. Lifting tire price would make tire sales decreasing at this time.
On the same day, Ningxia Jinmei Qiancheng Tire Sale company reduced parts of tire price.
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