Michelin says will rise 10-50% this year Jiaojia

According to Shanghai Securities News reported that the Truck  Tyre French tire maker Michelin said the company Feb. 24, the strong demand for rubber prices will rise this year, 10% -50%. In 2003, global rubber prices rose by 21%, largely due to OTR Tyre China's rubber demand in 2003 grew by 87%. Michelin's total annual global demand for natural rubber, natural rubber demand about 10%.

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