Per previous announcements, CHS Lubricants initiated a price increase on Cenex^® branded lubricant products shipped on or after March 1, 2021.

The recent increase amounts to an additional $.85 per gallon for the majority of bulk and packaged Cenex lubricants. Chain bar oil, packaged drip oil and solvents increased by $.40 per gallon. Cenex grease product pricing also increased by $.04 per pound. Finally, the base price for both empty 30-gallon and 55-gallon drums increased to $40.50 due to constricted supply across the industry.

Similar to previous years, CHS Lubricants has issued a Price Increase Relief Credit (PIRC), in order to minimize the impact of the increase. The PIRC provides a pre-increase price on lubricant orders for 15% more than your past fiscal year average monthly wholesale purchases.

The PIRC will be in place from now through March 30, 2021 and will not be extended. To streamline the credit process, the PIRC will be automatically applied to your CHS account, reducing the cost of your future purchases. The amount will appear at the bottom of your invoice on a per gallon basis, until the credit amount is fully used.

Please contact your district manager with questions.