Rising tide of price hit

- Apr 11, 2018 -

Although the first phase of the “Tenth Atmosphere” target has been achieved, the atmospheric pollution situation remains grim.

Recently, Minister of Environmental Protection Li Ganjie pointed out: The atmospheric pollution situation is still grim.

 

Today, less than two months after the end of the inspection, the environmental protection work in this year has achieved initial results. However, the plastic factories are miserable! On the one hand, the plant has stopped production for rectification and invested a lot of money. On the other hand, the price of plastic raw materials soared! In the near future, we may usher in the first wave of price increases in 2018!

 

On February 8, DuPont, the industry leader, issued the latest price increase letter and will adjust the price of the following products:

DuPontTM Zytel® and Zytel® HTN nylon products are increased by US$380/ton, equivalent to RMB2,395/ton;

DuPontTM Crastin® PBT products are increased by US$200/ton, equivalent to RMB 1,261/ton;

DuPontTM Delrin® POM products are increased by US$200/ton, equivalent to RMB 1,261/ton;

DuPontTM Vamac® AEM products have been raised by $700/ton, equivalent to RMB 4,412/ton.

 

From March 1st, Asahi Kasei will increase all grades of TENAC and TENAC-C by RMB1900 /ton (without tax).

 

In a word: The rising tide of prices in the plastics industry is coming. Please prepare!


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