Price bump from Watts December 14th 2009 Watts Tyre Group has announced an average 6% price increase as of 1st January 2010 following significant increases in raw material prices, particularly natural rubber which forms the principal cost element of solid tyres. Watts also expects transportation costs to increase over the coming months.
RSS3 pricing broke through the 280US¢/kg barrier in early December, 12 months after hitting a low of 107US¢/kg – a rise of 165%. Over the last quarter the price has risen by over 30% bringing it within reach of the 2008 record high. More articles from Interfit Limited: |