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Question:

How much does rubber raw material affect the tire cost?

How much does rubber raw material affect the tire cost?

Answer:

From the proportion of tyre cost annual report in 2013 round of shares announced in the us that raw materials in the tire to cost about 80%, that is to say the tire and the cost of raw materials will directly affect the tire industry profits. Therefore, for a tire enterprise's purchasing department, it is natural to pay special attention to raw materials.
With the decline in rubber prices over the past few years, has everyone focused on the "three glue" still has so much influence on the tires? Next, we will take the full steel tire as an example, focusing on the analysis of the change of the proportion of three rubber in a tire. As each tire distribution strategy is different, so I will do from the past few years to waste tires to analyze the experience, according to our more than 900 of scrap steel wire after the decomposition of the proportion of roughly estimated in theory.
Why do you pay more attention to the three glue than other products? We look at the purchase of raw materials from the prospectus of the first phase of the short term financing certificate for the 2013 year of Hing Yuen tire group limited.

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