Several finished lubricant manufacturers/marketers, including Amalie, CAM2, Smitty's Supply, Fuchs, Royal Manufacturing (Axel Royal), Maverick Performance Products, Chemlube, Allegheny Petroleum Products, Warren Distribution and Old World Industries, announced price increases ranging between 4% to 10% during the past week or so.
Amalie announced on May 18, 2018 a price increase of $0.40 per gallon for all oil and automotive chemical products, including its Greased Lightning branded products, and by $0.05 per pound for all greases effective June 17, 2018.
CAM2 International announced on May 18, 2018 a price increase ranging between 4% to 9% on bulk and packaged lubricants, greases, and brake fluid effective June 16, 2018.
Smitty's Supply announced on May 18, 2018 it will increase prices on all its oils, fluids, greases, and brake fluid products between 4% to 9% effective June 16, 2018.
Fuchs announced it will increase prices for finished lubricants by 5 to 8 percent effective June 18, 2018.
Royal Manufacturing (Axel Royal) announced on May 21, 2018 a 5% price increase on most of its products including greases effective June 24, 2018.
Maverick Performance Products advised its customers on May 22, 2018 that it will adjust prices upwards on VP finished lubricants by approximately 4% to 8% effective June 18, 2018.
Chemlube announced on May 22, 2018 a 5% to 9% price increase on its Savannah, Georgia lubricants effective June 11, 2018.
Allegheny Petroleum Products announced on May 23, 2018 a price increase of 6% to 8% on bulk lubricants and an additional 2% on drum and tote packaging effective June 18, 2018.
Warren Distribution on May 23, 2018 announced a price increase of 4% to 8% on all lubricants effective June 25, 2018.
Old World Industries announced on May 24, 2018 that it will increase the price on all finished lubricants by 4% to 9% effective June 30, 2018.
All the above, as expected, attributed the reason for the increase was due to the continued increases in raw material costs, i.e., base oil, additives, freight and/or packaging.
