More Price Increases
Warren Distribution announced a price increase of 6 to 9% on all its lubricants. The increase is effective February 26, 2018. Warren attributes the increase to the higher cost of raw materials and transportation.
Smitty’s Supply announced it will increase the price of its bulk and packaged lubricants by 6 to 10%, and its greases by 3 cents per pound (cpp). The increase will go into effect on February 12, 2018. Smitty’s attributes the increase to the rising cost of raw materials used in manufacturing lubricants and greases.
Nu-Tier Brands announced that effective February 19, 2018, it will implement an increase of 6 to 8% on its finished lubricants. Nu-Tier attributes the increase to the higher cost of raw materials and manufacturing.
Reliance Fluid Technologies (RFT) advised its customers that due to the increase in cost of base oils, additives, packaging and transportation, it will increase its prices on its products by 5 to 9%. The increase goes into effect February 26, 2017.As of today, the list of companies JobbersWorld reported on that have announced lubricant price increases in 2018 is shown below:
|CAM2||1/12/2018||2/5/2018||6 to 10%|
|SOPUS Products (Shell Lubricants)||1/15/2018||2/19/2018||up to 5%|
Advanced Lubrication Specialties (ALS)
|1/16/2018||2/5/2018||6 to 10%|
|Sinclair Lubricants||1/17/2018||3/1/2018||up to 6%|
|Chemlube||1/18/2018||2/5/2018||20 to 25 cpg|
|Nu-Tier Brands||1/18/2018||2/19/2018||6 to 8%|
|Martin Lubricants||1/18/2018||2/16/2018||4 to 7%|
|Safety-Kleen||1/18/2018||2/19/2018||5 to 8%|
|Pinnacle Oil||1/19/2018||2/6/2018||6 to 10%|
|Royal Mfg||1/22/2018||2/26/2018||5 to 8%|
|ExxonMobil||1/22/2018||2/26/2018||up to 6%|
|Reliance Fluid Technologies (RFT)||1/22/2018||2/26/2018||5 to 9%|
|Chevron||1/22/2018||3/1/2018||up to 5%|
|Warren Distribution||1/24/2018||2/26/2018||6 to 9%|
|Smitty’s Supply||1/24/2018||2/12/2018||lubricants 6 to 10% Greases 3cpp|