On February 14, 2025, the price of natural rubber once again surged to a high
of $18,000 per ton, and the transaction price had gradually gotten out of control.
In addition to natural rubber, the price of synthetic rubber is also following the rise.
The latest data shows that the main synthetic rubber price has risen to over $14,000 per ton.
Tire production process, natural rubber and synthetic rubber is a key raw material,
occupying nearly half of the cost of raw materials for tires. In China, tire manufacturing costs,
the cost of raw materials accounted for nearly 80%, of which the quality of rubber materials and
ratios are key factors in determining the performance and quality of tires.
The rise in rubber prices directly leads to an increase in raw material costs for tire manufacturers,
which in turn compresses their profit margins.
Against the backdrop of rising rubber prices, competition in the tire industry is likely to intensify further.
We tire manufacturers will closely monitor the market dynamics and flexibly adjust our strategies to meet these challenges.
