Plastic material price rising

Chinese Plastic Material Price Rising

Since the Spring Festival, all walks of life in China have entered the ranks of price increases. From crude oil to plastics, additives, equipment enterprises, and then to end users, the prices have gone from inquiry in advance to one order and one price, then to sealing, suspending quotation, and finally to stopping receiving orders.

The price of some chemical raw materials has increased by more than 100% year-on-year, and the quotation of butanediol has increased by 203.53% year-on-year. Moreover, the price of some raw materials has repeatedly reached new highs. The soaring price of chemical raw materials has not only increased the cost of the plastic industry, but also led to the price increase of many industries!

household appliances, automobiles, plastic products production and other enterprises have joined the ranks of rising prices.

Huali Technology's products are covering from PP, PE, PVC, ABS, EVA, PC, POM and other plastic polymers. The more you place an order, the little influence with your expected goods.