Marangoni is raising prices for retreading materials in all global markets. It reports that as of 1 June, sales prices for the tyre retreading rubber materials offered by its Retreading Systems division will increase by 0.20 euros to 0.30 euros per kilogramme, depending on the product.
Camso has announced a price increase averaging 8 per cent for all of its materials handling and construction tyres. The price increases, which come into effect on 1 April, will affect all aftermarket customers globally, but will vary depending on product line and regions. Camso attributes the increase to rising costs of raw materials.
Falling natural rubber prices have driven output in India down, and many anticipate that tapping of natural rubber will soon reach its lowest point in almost two decades. Last month the state of Kerala announced an Rs 150 (£1.51) per kilogramme subsidy to help small-scale producers, however Onkar Kanwar believes that subsidy programme such as this can only be of limited help.
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