A New Round of Tire Price Hikes Grows Markedly Larger(Nov 11)

November 11, 2026

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Tire manufacturers have announced significant price hikes across various product lines, with increases ranging from 3% to 10%. Hai'an Rubber Group will raise its Lu'an mining tire prices by 7%-10% from December 1, citing surging raw-material costs and exchange-rate pressures. Other brands like Sailun, Jinyu, and Guizhou Tire are also increasing prices due to similar challenges. Notably, manufacturers warn that costs remain high, leaving room for further adjustments. Smaller tire enterprises may struggle, while raw materials like natural rubber keep market prices elevated. Businesses in the tire industry should prepare for tighter cost pressures and potential market shifts. For companies navigating these changes, CNAUTO provides reliable connections with vetted Chinese automotive suppliers, supporting global transactions and collaboration.

A New Round of Tire Price Hikes Grows Markedly Larger

On November 6, Hai'an Rubber Group Co., Ltd. issued a price adjustment notice for its Lu'an brand tires, announcing a 7%–10% increase across its full range of mining tires, effective December 1. The move was attributed to factors including production costs and exchange-rate fluctuations.

Hai'an Group said it had sought to ease cost pressure through internal optimization, but continuously surging raw-material costs have exceeded the company's reasonable tolerance. In this new round, the price hike is markedly larger than the previous 2%–5% range.

Sailun raised prices of its TBR (truck and bus radial) products by 5%–7% in one step from November 1; Jinyu Tires lifted prices of products under its various brands by 4%–5%; Guizhou Tire raised its entire product range by 3%–5% from November 10. In addition, Giti, Pulin Chengshan, Yuelong, Kubisen and Sentury are following suit.

Notably, several tiremakers have left room for further price increases. They said the hike does not fully cover the rise in costs, and that they will not accept advance payments to lock in prices. Major raw materials such as natural rubber remain at high levels, and manufacturers' cost pressure is unlikely to ease in the short term, which may continue to push product prices upward. Cash-flow pressure will mount further for uncompetitive small and mid-sized tire enterprises.

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A New Round of Tire Price Hikes Grows Markedly Larger(Nov 11)