Natural rubber prices in the domestic market and falling global crude remain consistently below 50 dollars a barrel is proving profitable tire companies. The festive season next month are starting tire companies will also benefit from increased auto sales. Tire stocks over the past month has seen a substantial speeding. Tyre stocks are expected to continue the fast.
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Brent crude fell 7 percent in 1 month Besides natural rubber, synthetic rubber from tire companies make crude. Crude prices declined by 7 per cent during the past month has been. Brent crude was 49.92 dollars per barrel this week to $ 46.29 a barrel today, has come down. Crude futures prices fell, companies get the benefit.