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The raw material giants are beginning to raise their prices again! The highest rise of 20%?
From: Guangzhou Jiaxin Shoe Making Machinery Co., Ltd. Post date: 2018-03-13


The enterprise began to rise in price again in February 2018.

 


Recently, BASF issued a circular announcing the price increase of TDI. The specific contents are as follows: Dear customers, since February 1, 2018 or other contract allowed date, Basf Inc will raise all Lupranate TDI products, which will increase to 0.10 USD / lb.

It is understood that, due to the price of polyol raw materials, BASF group will increase the price of all Pluracol polyols, and the price increase will be 0.09 yuan / pound, or 1270 yuan / ton, the new price will take effect from February 1, 2018 or the contract allows.

 


The increase of product price may come from cost pressure or the need for balance of supply and demand, which indicates that the two products have the capability of cost shifting or raising price under the global supply demand. The rise in prices is likely to bring about an increase in the profits of the related products.

 


The Dow Chemical Company (DowChemical Company) will increase in the US market in the following products: VORANOL, VORALUX, SPECFLEX, VORASURF and other product prices, the increase rate of $0.07 a pound, about RMB about 1000 yuan / ton, the new price since February 1, 2018, or to allow the case into the contract.

 


Clariant International Limited announced that February 1st has increased the global titanium dioxide, carbon black, all containing pigments, dyes and several kinds of additives and masterbatch mixing ingredients product price, range or up to 8%.

 

Hexion announced that it will increase the price of all the epoxy resin and bisphenol A in North America. The latest price will be carried out in February 1, 2018 or in accordance with the provisions of the contract. The price adjustment is mainly driven by the rise in the cost of important raw materials. All other sales terms and conditions remain unchanged.

 

Lanxess, a chemical company, announced a global increase in the price of the Macrolex and Ceres brands of solvent dyes, up to 20% and immediately effective.

 


LANXESS said, the price adjustment will affect the plastic manufacturing and automotive industry solvent dyes. The rise in the price of raw materials, as well as the rise in the environment, health, safety and maintenance costs, is imperative.

 


Wanhua chemical recently announced: since 2018 February, Wanhua chemical group Limited by Share Ltd pure MDI listing price 30000 yuan / ton (compared with January price increase 1000 yuan / ton).


The source network of this article is          Jiaxin machine finishing release

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