After the arrival of December, It is found that there are dozens of tire manufacturers have issued a price rise notice.
The price is basically increased by 2%-5%, and the highest increase presently is 9% but this is not the end.
This situation is caused by the sharply price rising of raw material besides rubber. The ricing price of Carbon Black and Steel are among the most worrying problems facing the tire factory.
The main reason is in two aspects for carbon black price continues to rise:
First, the price of raw materials continues to rise, resulting in higher production costs.
Second, the environmental inspections and policies have seriously affected China’s carbon black industry. Environmental protection requirements increasingly strict which increase the enterprise environmental costs.
To make it worse, the heating season for northern region has arrived, which increase the intensity of restrictions on production for carbon black and upstream enterprises.
In December, the price of most carbon black companies rose, up in 500-1000 yuan / ton. According to the relevant data, the average price of China's carbon black market is 8221 yuan/ton, up 11.96% compared with November, 26.55% higher than previous quarter, and 59.38% higher than the beginning of the year.
Considering the facts of the environmental protection limitation and rising of carbon black and other raw materials prices, as well as transportation costs and labor costs, there is no escape for tire prices.
So for tire importers and distributors, it is high time to review the stocks situation and add reasonable inventory.
Below are some product price rising notices from some tyre manufacturers:
