Market Advisory Service - Tire Raw Materials Indices

The report provides tire type cost indices for several tire types in three main regions: the United States, Europe, and Asia. The indices are compiled using prices or estimated prices on a $ or € per ton basis for the various raw materials. For each raw material index, the price level of that raw material is divided by the average price in Q1 2007 and multiplied by 100. The Chemical Market Analytics Tire Cost Indices use a typical tire formulation for each region. The index covers the costs of raw materials that are used in the production of tires and does not include any processing or manufacturing costs associated with producing or distributing the tire. In the monthly report, a brief market update is provided for all raw material categories, such as natural and synthetic rubbers, carbon black, polyester and nylon fibers, steel, and silica, as well as an update in the energy markets, such as naphtha and crude oil.

Indices Covered

• Synthetic Rubber
• Natural Rubber
• Fibers
• Other Derivative Products

The Global Tire Type Indices service provides clients with a set of regional cost indices for various tire types that track the raw material price dynamics for tire manufacturers. The report includes prices or estimated prices for the various raw materials required to produce tires. Chemical Market Analytics Tire Indices are based on typical compositions for five different types of tires including passenger cars class A-C and class D-G (according to EU regulation), trucks, agriculture and OTR as well as the previously published estimate for a standard tire. Key highlights and short market summaries are given for the raw materials and tire-type cost indices in the monthly report.