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In recent two years,due to the fall in price of raw materials such as natural rubbeg the price of tire also constantly declined.Is there any space for fall in price oftire in the future?According to the statistics of CRIA,from January to October 2015,the profit of tire enterprises fell by35.44%.and the profit margin of sales revenue was4.21%,with a decrease of 1.32%;there were 9 unprofitable enterprises and the deficit of the unprofitable enterprises was 729 Million Yuan;and the inventory of
In recent two years, due to the fall in price of raw materials such as natural rubbeg the price of tire also continued declined. Is there any space for fall in price oftire in the future? According to the statistics of CRIA, from January to October 2015, the profit of tire enterprises fell by 35.44% .and the profit margin of sales revenue was4.21%, with a decrease of 1.32%; there were 9 unprofitable enterprises and the deficit of the unprofitable enterprises was 729 Million Yuan; and the inventory of