Industry experts predict that raw material prices will rise by another 5-6 per cent in the next quarter, although there is ...
Tyre manufacturers have begun hiking prices, the first since the start of the Iran war, as a sustained rise in crude prices push up input costs. Crude-linked derivatives account for nearly 60–70 ...
By Saikeerthi . July 9 (Reuters) - Indian tyre maker JK Tyre & Industries expects to raise product prices by 11%-13% by the end of the first half of fiscal 2027 to offset rising input costs, its ...
April 22 (Reuters) - Finland's Nokian Tyres (TYRES.HE), opens new tab reported ‌a narrower loss than the market had expected on Wednesday despite continued market uncertainty, after it hiked prices of ...
Notably, around 70 per cent of tyre production costs come from crude-linked raw materials like synthetic rubber and carbon black, which makes the industry highly sensitive to oil prices.
By Saikeerthi . July 9 (Reuters) - Indian tyre maker JK Tyre & Industries expects to raise product prices by a total of 11% ...
The tyre maker said raw material costs rose more than 20%, with further price increases planned after monthly hikes in the first quarter.
Emkay Global adjusted its target price for JK Tyre to reflect immediate commodity cost pressures. (Image: Facebook) Emkay Global Financial Services revised the target price of JK Tyre to Rs 550 from ...