Bias tire prices have increased by 10% in the domestic market, after they were removed from the list of goods subjected to command pricing.
These tires are built with the plies on a bias. Meaning that the plies are crisscrossed across the tire from one bead to the other, usually at a 35- to 40-degree angle to the centerline.
Officials of the Tire Industry Association of Iran have invariably warned about the unprofitability of tire production, especially bias tires, and declared that its production is a loss-making venture.
Based on this issue, the Ministry of Industries, Mining and Trade, by examining various aspects of the production, supply and consumption market of bias tires, removed this product from the list of goods with command pricing.
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