The price has increased by 1,000 yuan! The price increase will only be more severe!
The pressure on tire companies will continue to increase in 2025.
01 Carbon black price increases by 1,000 yuan per ton
The notice of carbon black price increase is here again - Recently, Cabot, a well-known carbon black supplier, issued a price increase notice announcing that it will increase the sales price of all special carbon black products produced in China from March 10, 2025. What's more frightening is that the price increase this time is not small, 1,000 yuan per ton!
The current purchase price of carbon black for tire companies is not low. According to the news from the business community, the current prices of N220 and N660 have continued to be between 8,600 yuan and 9,600 yuan per ton.
If Cabot's price increase drives the price increase of the entire industry, it is very likely that in 2025, all raw material costs of tire factories will exceed 10,000 yuan (calculated in tons).
02 Natural rubber rushes to 20,000 yuan
On March 3, 2025, the price of some models of natural rubber once again approached 18,000 yuan per ton. It increased by about 11% year-on-year. When the price of natural rubber exceeded 15,000 yuan last year, tire companies issued more than 70 price increase notices to the market.
Now that natural rubber is about to rush to 20,000 yuan, the number of price increase notices from tire companies can be imagined. At present, almost all leading tire companies have issued a round of price increase notices.
03 Leading tire companies collectively increase prices
Triangle Tire issued a price increase notice on February 27, 2025, announcing that the price of engineering tire product series will be increased from March 1, with the price of bias engineering series increased by 3% and the price of radial engineering tire series increased by 2%.
In the third quarter of 2024, Triangle Tire's profit fell year-on-year due to a 30% increase in raw material costs. Also implementing a price increase on March 1 is Maxxis passenger tires under Cheng Shin Rubber. From March 1, 2025, the price adjustment of some products will increase by about 2%-3%. Guizhou Tire notified the price adjustment on March 1 on February 20-the price of all-steel OTR will be uniformly increased by 3%-6%.
In addition, Dunlop Tire has also raised its product prices by 2% on March 1, which is the second price increase for Dunlop in 2025. The manufacturer once raised its product prices by 3% on January 1, 2025.
The price increase of Linglong products will take place on March 15. However, the price increase of Linglong products is relatively wide, and all PCR products and TBR products will be adjusted. Among them, the price adjustment range of some product series of all brands of PCR in the domestic retail market is 3%-5%; the price adjustment range of all product series of all brands of TBR in the domestic retail market is 3%-5%.
From January to February, at least 17 tire companies raised the prices of their products. This means that as of March 3, the Chinese tire market has received nearly 30 price increase notices. The price increase of tires in 2025 is even more fierce in the "silent"!
04 Tire prices are rising more and more terrifying every month, stocking up
Due to the poor performance of most upstream raw material suppliers in 2025, it was also announced in the financial report that a price strategy would be implemented in 2025 to increase profits.
Tire companies have sounded the cost alarm! And the alarm will soon be transmitted to the tire market! More and more tire companies will follow the footsteps of the leading tire companies and issue price increase notices one after another. A new round of price increases in the Chinese tire market is coming, tire people should raise money to stock up!
