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On March 5, Yiwu Shuangtong Daily Necessities Co.
, Ltd.
, the world's largest manufacturer of drinking straws, announced that it will raise prices for the company's entire line of products from March 10
.
Shuangtong said that at present, the prices of upstream raw materials and packaging materials have risen sharply, the magnitude of which has never been encountered by the company over the years
.
Shuangtong said that at present, the prices of upstream raw materials and packaging materials have risen sharply, the magnitude of which has never been encountered by the company over the years
.
Shuangtong lost a lot in the first half of last year, and its monthly output value rose by 50% in the second half of the year.
Shuangtong began to make straws in the 1990s.
After nearly 30 years of development, Shuangtong now produces more than 7,000 tons of straws, with an output value of nearly 200 million yuan
.
Starting from March 2020, Shuangtong has carried out a comprehensive upgrade of the plant and equipment in preparation for the ban on plastics.
Tens of millions of old equipment have been processed for scrap iron, each piece is 51 pounds, and the large truck has pulled more than 10 vehicles
.
According to Lou Zhongping, the company’s founder, using foreign standards to hit the domestic market, the company lost a lot in the first half of 2020
.
Shuangtong lost a lot in the first half of last year, and its monthly output value rose by 50% in the second half of the year.
Shuangtong began to make straws in the 1990s.
After nearly 30 years of development, Shuangtong now produces more than 7,000 tons of straws, with an output value of nearly 200 million yuan
.
Shuangtong began to make straws in the 1990s.
According to Lou Zhongping, the company’s founder, using foreign standards to hit the domestic market, the company lost a lot in the first half of 2020
.
Paper straw raw material - pulp up 70% in 4 months
From 2021, China will completely ban the import of solid waste (including waste paper), and waste paper consumption has always been the bulk of pulp consumption.
In 2019, waste paper consumption accounted for 57% of pulp consumption
.
The "double ban" policy of the ban on waste and plastics has led to tight pulp supply.
The main pulp futures rose all the way around 4,500 yuan in November last year, and the highest rose to more than 7,500 yuan, an increase of nearly 70%
.
In terms of spot, white cardboard maintains a high boom.
The latest price of Bohui (East China) white cardboard was 8110 yuan/ton in February, compared with 6860 yuan/ton at the end of December 2020, an increase of 1250 yuan/ton, a 2-month increase 18.
22%
.
Degradable plastic straw raw materials - PLA prices remain high at 34,000 yuan
Paper straws are often far inferior to plastic straws because of their taste and performance, and some good people claim to give up milk tea because of this
.
Lou Zhongping once admitted to the media that no matter how many years, paper straws cannot achieve the performance of plastic straws, and paper products are not a perfect substitute for plastic products
.
However, the price of PLA, a biodegradable straw raw material, remains high.
Since Fengyuan Group announced in August 2020 that the production line with an annual output of 30,000 tons was put into operation, the price of PLA once dropped from 40,000 yuan/ton to 30,000 yuan/ton.
, the current market price is 34,000 yuan
.
Paper straw raw material - pulp up 70% in 4 months
Paper straw raw material - pulp up 70% in 4 monthsFrom 2021, China will completely ban the import of solid waste (including waste paper), and waste paper consumption has always been the bulk of pulp consumption.
In 2019, waste paper consumption accounted for 57% of pulp consumption
.
The "double ban" policy of the ban on waste and plastics has led to tight pulp supply.
The main pulp futures rose all the way around 4,500 yuan in November last year, and the highest rose to more than 7,500 yuan, an increase of nearly 70%
.
In terms of spot, white cardboard maintains a high boom.
The latest price of Bohui (East China) white cardboard was 8110 yuan/ton in February, compared with 6860 yuan/ton at the end of December 2020, an increase of 1250 yuan/ton, a 2-month increase 18.
22%
.
Degradable plastic straw raw materials - PLA prices remain high at 34,000 yuan
Degradable plastic straw raw materials - PLA prices remain high at 34,000 yuanPaper straws are often far inferior to plastic straws because of their taste and performance, and some good people claim to give up milk tea because of this
.
Lou Zhongping once admitted to the media that no matter how many years, paper straws cannot achieve the performance of plastic straws, and paper products are not a perfect substitute for plastic products
.
However, the price of PLA, a biodegradable straw raw material, remains high.
Since Fengyuan Group announced in August 2020 that the production line with an annual output of 30,000 tons was put into operation, the price of PLA once dropped from 40,000 yuan/ton to 30,000 yuan/ton.
, the current market price is 34,000 yuan
.
