Rubber Rebounding 32% as Reserve Drop Drives Michelin Costs

Rubber Rebounding 32% as Reserve Drop Drives Michelin Costs

Antoine Antoniol/Bloomberg

Michelin SA tires are seen on display in Paris Bridgestone Corp. and Michelin & Cie., the world’s biggest tire makers, are boosting prices by as much as 15 percent, and Top Glove Corp., the largest rubber-glove producer, is charging more.