Saturday, October 19, 2024

Expect easing of pressure from high natural rubber price in H2: CEAT MD & CEO Arnab Banerjee

CEAT expects relief from high raw material costs in the second half of the fiscal year. Domestic natural rubber prices had reached a 15-year high. The company also anticipates growth in its aftermarket business and improvement in its international segment as container availability returns and freight costs decrease from their previous peaks.

from Auto-Industry-Economic Times https://ift.tt/nmylHwZ

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Expect easing of pressure from high natural rubber price in H2: CEAT MD & CEO Arnab Banerjee

CEAT expects relief from high raw material costs in the second half of the fiscal year. Domestic natural rubber prices had reached a 15-year...