February 13, 2017 at 8:23 am / by AMIT SHARMA
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Graphical representation of Tyre Production Price Index – August 2016 – May 2017
Base value: 100
Base month: August 2016
A tool for tyre dealers and others related to tyre industry Eco-system to get an indicator of what is the general trend of prices of raw materials and what to expect in future as a reference to prices of tyres.
The Tyre production Price Index is a summation of prices of the main raw-materials that go into manufacturing a tyre including:
- Natural Rubber
- Synthetic rubber
- Carbon Black
- Others Miscellaneous materials
The proportion of raw material usage and source of price data for raw materials is generic in nature and will differ for various tyre manufacturers.
Tyre Times has taken due care and caution in preparing this Report based on the information obtained by Tyre Times network from sources which it considers reliable. However, Tyre Times Network does not guarantee the accuracy, adequacy or completeness of the Data / Report and is not responsible for any errors or omissions or for the results obtained from the use of Data / Report. This Report is not a recommendation to invest / disinvest any resources in any manner whatsoever. Tyre Times Network especially states that it has no financial liability whatsoever to the viewers/readers/subscribers / users / transmitters / distributors of this Report. The views expressed in this Report are that of Tyre Times network. No part of this Report may be published / reproduced in any form without Tyre Times Network’s prior permission.