Price adjustment for the second time this year! Sailun Tire implements price hikes across multiple tire categories

Recently, the atmosphere for price increases in the tire industry has been strong, Sailun Tire has successively issued product price adjustment notices, raising the prices of its main tire categories in batches.

The company was the first to officially announce, starting from May 1, it will raise the prices of TBR truck and bus radial tire products, with an overall increase maintained between 3%—5%, covering mainstream truck and bus OEM and replacement market specifications.

Following the price adjustment for truck and bus tires, on May 13, Sailun Tire further disclosed on the investor interaction platform that, starting from May 11, it will implement a new pricing system for all off-the-road (OTR) tire products, with an overall increase of 7%—9%.

This second round of cross-category price adjustments marks Sailun Tire's further push to raise prices within the year; on one hand, it offsets the pressure of raw material cost fluctuations, and on the other hand, it aligns with industry supply and demand as well as market trends, signaling the continuous optimization of the company's product profitability structure and market pricing strategy.