New Delhi, Feb. 14 -- Leading tire manufacturers are preparing to implement price increases in the fourth quarter as natural rubber (NR) prices continue to climb.

Industry experts predict NR prices will soon reach Rs 205 per kg, up from the current Rs 194 per kg and December 2024's Rs 188 per kg level.

Shashi Singh, president of the All India Rubber Industry Association (AIRIA), notes that while current prices remain below last monsoon's peak of Rs 245 per kg, the upward trend is concerning for manufacturers who previously faced losses due to high prices and supply shortages.

Ceat's MD & CEO Arnab Banerjee confirms that price adjustments are inevitable. "Natural rubber prices have been increasing since the end of Q3, necessitating smal...