The price of tire raw materials remains high, the cost of logistics and transportation has skyrocketed, coupled with global inflation, and many tire companies have recently been unable to handle it and announced price increases.

Abroad tire price going crazy.

Yesterday, Pirelli announced that it will increase the price of car and light truck tires in the United States from January 17, 2022. The price increase varies by production line and tire size, up to 10%.

Hankook Tire USA Company recently stated that it will increase the prices of Hankook Tire and Laufen brand passenger vehicles, light trucks and commercial tires from February 1, 2022, by up to 10%.

Michelin North America has started on January 1st, the replacement market for passenger cars and light trucks of some brands in the U.S. and Canadian markets has increased by 12%, motorcycle tires by 5%, road and off-road tires, and retreading and service products. The price increased by 16%.

Domestic Tire Price keep increasing.

Looking at the domestic market, the price increase has never stopped. On December 30th, Zhengxin, Youdao, Giti, Kumho, Goodyear and other tires shouted in unison

The price of Zhengxin special tires has increased by 3%-6% on January 1, 2022. At the same time, in the first quarter, it also plans to increase the supply price of a group of car manufacturers by 5%.

Youdao Tire said that due to the continuous increase in raw material prices, it has once again increased product prices by 3% to 5% on January 1, 2022.

Goodyear Truck and Bus Tire Division announced that it will increase product prices by 5% from January 22, 2022; at the same time, the price increase is much smaller than the increase in raw materials, and products will be adjusted according to the trend of raw material prices. price.