On 2 December 2020 Pirelli announced price increases in the United States for car and light truck tyres, taking effect on 1 January 2021. According to the company, the increases will vary according to the tyre model and size.
Sumitomo Rubber North America is set to increase prices the price of Falken and Ohtsu branded passenger, light truck and medium truck tyres in the US and Canada on as well as implementing inline adjustments on a per size basis.
Tokai Carbon has raised prices across all grades of carbon black effective 1 May 2020 by 6 yen a kilogram. According to the company, the price increase is because “Due to the impact of tighter regulations on bunker fuel oil sulphur content by international Marine Organization (IMO), the index used in previous price revisions can no longer be used.
Tighter waste recovery practices in India will drive “a big increase in recovery costs across Europe and beyond”, according to industry body the Tyre Recovery Association (TRA). Together with similar moves in some other SE Asian countries, the TRA warns vehicle dismantlers and tyre retailers that disposal costs could “as much as double” in the coming weeks and months.