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Tire companies (GT, CTB, BRDCY.PK, MGDDY.PK) face higher input costs as the price of rubber goes...

Tire companies (GT, CTB, BRDCY.PK, MGDDY.PK) face higher input costs as the price of rubber goes up with supplies from Asian countries dwindling. Rubber prices are up 4.3% YTD and 54% since their August low.
Comments (1)
  • Unless a substitute for rubber tires come along (which I am not discounting in the long term) the tire business should remain brisk in light of recent surges in new and used car sales...IMHO
    31 Jan 2013, 11:11 AM Reply Like
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