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    HomeNewsOpinionDomestic rubber prices fall, but it is early for tyre firms to rejoice

    Domestic rubber prices fall, but it is early for tyre firms to rejoice

    In the current fiscal year, tyre makers took price hikes of about 5-6 percent in replacement markets mainly, which is hardly sufficient to offset the pain from raw material price increases

    Vatsala Kamat
    January 08, 2025 / 11:11 IST
    Anticipating a slowdown perhaps in off take and hurt by the skyrocketting and volatile raw material costs, tyre companies have deferred capital expenditure (capex) plans in the near term
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