Watts tyres raises prices

ERJ staff report (DS)

Lydney, UK — Watts Tyre Group has announced an average 6% price increase as of 1st January 2010 following significant increases in raw material prices, principally natural rubber which forms the principle cost element of solid tyres. Watts also expect transportation costs to increase over the coming months

RSS3 pricing broke through the 280US¢/kg barrier in early December, 12 months after hitting a low of 107US¢/kg – an astonishing rise of 165%. Over the last quarter the price has risen by over…

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