Recently, some media reported that Mulinsen insiders revealed that the price of some lighting lamps for Mulinsen will be raised by 15% and will be implemented from now on to reduce the pressure from rising raw material prices.
Prior to this, Sanan Optoelectronics started the first shot of the New Year's price increase. According to the price increase letter, based on the rapid increase in raw material prices, the cost has increased rapidly. Sanan Optoelectronics decided to increase the price of the S-30MB/S-32BB series products by 8% from January 10, 2017.
According to the China Manufacturing Index released by relevant institutions, the inflationary pressure of industrial products is still significant. In December 2016, the average price of inputs hit the most significant increase since March 2011. Output prices also rose sharply, but the increase was slightly slower than the 69-month high set in November.
Just this week, due to rising raw material prices, DuPont Performance Materials announced that it will increase the price of all DuPontTM Delrin specifications in China and Taiwan by $0.25 per kilogram. The new price will take effect from February 15, 2017.
At the same time, the price of all DuPontTM Zytel nylon products will be increased globally by US$0.30 per kilogram, and there will be a larger price adjustment for some special specifications! The new price will be effective from February 15, 2017.
In addition, from the beginning of 2017, a number of domestic and foreign engineering plastics companies, such as BASF, Solvay, EMS, DSM, Sabic, Taiwan Changchun, etc. have officially announced the price increase of their engineering plastic products, the price increase range from 1 yuan / kg to 4 yuan /kg does not wait.
According to industry insiders, material prices should continue to remain high until the first half of 2017, which will cause enormous cost pressure on downstream processing companies.
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