Expect high raw material costs to persist till after June: Automotive Tyre Manufacturers' Association

Almost all commodity prices are moving up and so has been the case with rubber as well where the global prices are trading near one-year highs. In an interview to CNBC-TV18, Rajiv Budhraja, Director General of Automotive Tyre Manufacturers' Association (ATMA) said they expect high raw material costs to continue till second half of the current calendar year.