Conti Announces Industrial Tyre Price Rises

As of April 1, 2010, prices for aftermarket Continental industrial tyres will increase by up to eight per cent in Europe. The company says this measure has been taken in response to “extremely sharp rises” in the cost of raw materials, especially natural rubber, and pronounced increases in freight costs, dating back to the second half of 2009. The company comments it had previously managed to keep prices for industrial tyres in the aftermarket business stable since April 2009.