Tire Industry Association Head: Quick's Factory Tire Price Must Rise From 7 to About 10 Million Tomans for Producers to Break Even
26 September 2026 · 12 days ago
Jamal Mirzaei, head of the Iran Tire Industry Association, said in remarks reported by EcoIran citing Mashregh on Friday, 3 Mehr 1405 (September 25, 2026), that rising global raw material prices, higher logistics costs, the weaker rial and rising production costs are the main reasons tire prices have climbed in recent months. He said about $1 in logistics cost is added for every kilogram of imported raw material.
Mirzaei said the factory price of a pair of tires for Iranian made cars is under 10 million tomans; for example, the factory price of a pair of tires for the Quick is about 7 million tomans, and producers expect it to reach about 10 million tomans to stop making losses. He said a profit margin of about 15 percent is needed for the industry to keep operating, and added that market prices may differ from factory prices.
According to the association head, higher domestic output could help ease prices in the open market over the coming weeks and months.
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