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Although there are domestic signals to curb price increases, with the continuous rise of crude oil prices, the recent domestic and foreign price increases are still heard!
▶ Total Formosa PP's highest increase of over 700 yuan / ton
Total and Formosa Plastics also recently announced price hikes for PP resins in July
.
In a recent letter to customers, Total said it would raise the price of its PP products by $0.
03/lb (about 428 yuan/ton) from July 1
.
At the same time, Formosa Plastics in the United States sent a letter to customers, announcing that from July 1, the price of the company's various grades of PP products will be increased by 0.
05 US dollars / pound (about 711 yuan / ton)
.
▶ Ube Maruzen announced that all PE products have been raised by nearly 900 yuan / ton
On June 25, Ube Maruzen Polyethylene Co.
, Ltd.
announced that the company's PE (including LDPE, EVA, toluene LLDPE, LLDPE) and other products will be increased by 15 yen/kg (about 882 yuan/ton) from July 12
.
Photo source | Ube Maruzen Policen Co.
, Ltd.
▶ Idemitsu announced that some polyolefin products will rise by more than 10%
On June 22, Japan's Idemitsu Uniform Technology Co.
, Ltd.
announced that due to the rising cost of polyolefin resin raw materials, it will increase the price of some of the company's plastic products (such as transparent PP film, food cling film, high-density containers, etc.
) from July 1
.
Image source | Idemitsu Unitech Co.
, Ltd.
Today, more and more chemical giants have joined this price increase relay
.
