On March 12, Guizhou Qianjin Tire Sales Co., Ltd. issued a tire price increase notice.
Since March 20, Guizhou tire all steel tire and bias tire products, price increase of 2% once again.
On the same day that Guizhou announce price increase notice, Pulin Chengshan (Shandong) Tire Co., Ltd. also issued a price increase notice.
Since April 1, the company's all-steel tires, bias tire prices of replacement market will increase by 2 percent to 3 percent.
Other tire companies will increase prices since April 1 include Bridgestone, Hankook and other international giants.