The demand rush in Japan in anticipation of price hikes for after-market tires and the reaction to these hikes are now also visible in sales figures. Three of the country’s four tire manufacturers – excluding Toyo Tire – raised the Japanese prices of their after-market tires in September and October, following a first price hike this year in the March-April...
Asahi Kasei announced on September 22 that it will raise the price of polybutadiene rubber (BR) and styrene-butadiene rubber (SBR, oil and non-oil) by 30 yen ($0.21) or more per kilogram for shipments from October 1. The company said that the recent sharp rise in crude oil prices and the rapid depreciation of the yen have caused the costs of...
Ube will raise the price of polyamide 6 resin by 80 yen ($0.56) per kilogram for shipments beginning September 15. The move is due to soaring prices of raw materials. The company said that this is the first price revision for this product since April 2022, and is intended to improve business profitability by passing on higher prices for main...
Tosoh will raise the price of sodium hypochlorite by more than 10 yen ($0.07) for shipments from September 11. The products subject to the price increase and the price increase range are 10 yen or more per kilogram for lorry shipments and 20 yen or more per kilogram for Tosoh Cube. The move comes as utility costs and other costs...
Kumho Tire Japan will raise wholesale tire prices in all categories. The price increase will be implemented from September 1 for winter tires and from October 1 for summer and all-season tires with an average increase of 5 percent, depending on the product and size. The company said that in addition to soaring raw material prices, production and transportation costs...
Asahi Carbon said that it has raised the price of all carbon black products for rubber by 46.3 yen ($0.34) per kilogram for deliveries from August 1. The company said that oil market conditions continue to be tight and that the price of the carbon black feedstock oil continues to rise due to deteriorating global conditions and the weakening of...
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