Jinyu Tyres ups prices 5-7%
China’s Jinyu Tyres became the latest manufacturer to announce a price increase when it wrote to customers on 8 February announcing that costs are on the up. The company’s first round of price increases will see the firm’s truck and bus radial prices increase by between 5 and 7 per cent, followed by a 6 – 7 per cent increase across the Jinyu’s passenger car radial range. According to company representatives, “TBR prices will see another change soon.”