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    Home > Coatings News > Paints and Coatings Market > China Resources Coatings prices are lowered by 5% in response to consumption tax

    China Resources Coatings prices are lowered by 5% in response to consumption tax

    • Last Update: 2021-08-29
    • Source: Internet
    • Author: User
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    "A few days before coming to Dongguan Famous Furniture Fair, Carbo-lily paint rose by 4%," Zhou Shaohui, executive deputy general manager of Carbo-lily's furniture paint division, told without concealment.


    At the end of February, during an interview with Huilong Coatings Chairman Chen Huiting, Mr.


    At the Dongguan Furniture Fair, Zhang Jianfei, director of Huilong's furniture lacquer division, confirmed that Huilong will raise the price on April 1, which is also 4%.


    Since February 1, China Resources Paint has reduced its paint prices by about 5%.


    The rise and fall of these two major brands have brought many associations to people.


    Many small and medium-sized paint companies are just waiting for the moment when news of the leading paint companies' price increases spread in the industry, and then follow the price increase.


    Comments:

    Coatings are highly competitive, and it is easy to reduce prices and increase prices.


    Coatings analyst Roger Carr said that the paint consumption tax is coming, and the price of paint will rise.


    High-value coating companies will upgrade in development, and develop in upgrades, and the coating industry will therefore transition to the low VOC era.


    Unworthy paint companies will be eliminated by customers.


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