Pirelli Japan announced that it will gradually increase the prices of tires shipped for the Japanese domestic market starting April 1, 2023. The price increase applies to passenger car, SUV, and motorsports tires (summer and winter), as well as motorcycle and scooter tires (Pirelli and Metzler). The average increase will be 6% across all product categories and brand lines. The...
price increase
Kuraray to Raise Prices of Genestar Heat-Resistant Polyamide Resin
Kuraray said on Jan. 16 that it will on Feb. 1 raise the price of its Genestar heat-resistant polyamide resin for shipments in Japan and overseas. The range of the price increase is as follows: Filler-reinforced grades: 60 yen per kilogram for Japanese domestic shipments, $0.50 per kilogram for overseas shipments Glass fiber-reinforced halogen flame-resistant grades: 150 yen per kilogram...
Bridgestone to Hike Commercial Tire Prices in Japan, Third Increase Since 2022
Bridgestone announced on Jan. 20 that it will raise the manufacturer ex-shipment prices of tires for Japanese commercial use of summer tires and winter tires on April 1 and July 1, respectively. This will be the third price increase for Japanese after-market tires since 2022. The price increases will apply to commercial summer and winter tires, tubes, and flaps. The...
Dow Chemical Japan to Raise Prices of Polyurethane Raw Materials
Dow Chemical Japan announced on November 9 that it will raise the prices of raw materials for polyurethane starting from deliveries on December 1. The products subject to the price increase and the range of the price increase 20 percent or more from the current price for polyols (North American and European origin) and polyurethane system products (for the automotive...
Commercial Tire Price Increase Causes Demand Rush in Japan
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 to Raise BR and SBR Prices for Shipments From October
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...