Daily BriefsSingapore

Daily Brief Singapore: SGX Rubber Future TSR20 and more

In today’s briefing:

  • Higher NR Prices Erode Profits Of Indian Tire Majors In Q2 FY25


Higher NR Prices Erode Profits Of Indian Tire Majors In Q2 FY25

By Vinod Nedumudy

  • Q2 FY 2025 sees NR prices hitting all-time high of INR 247/kg
  • Revenue of MRF, Apollo and CEAT goes up YoY; of JK Tyre dips
  • Tire prices hiked to mitigate impact of NR price rises

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