TREE NEWS reports: More than 80 Chinese tire companies have issued over 100 price increase notices since September, raising prices by 2% to 5% for most products and up to 6% for some specifications. The moves mark the industry’s fourth wave of price hikes this year, covering all-steel, semi-steel and engineering tires, as rising raw material costs continue to pressure margins.
China Tire Industry Sees Fourth Price Hike Wave as 80+ Firms Raise Prices
The breadth matters more than the size: four pricing waves in a year and 100-plus notices across all-steel, semi-steel and engineering tires suggest cost pressure is broad and persistent rather than confined to one product line. Because these hikes span both replacement and commercial/industrial categories, the read-through touches downstream transport and construction costs as much as the tire makers themselves. Whether a fourth wave actually holds in the market, rather than being announced and quietly discounted, is the open question — and whether raw material costs ease before margins force a fifth.
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