Plastic prices soared: traders earn much lower

Recently, under the influence of multiple factors, the domestic field of industrial raw materials ushered in a wave of rapid price surge, steel, aluminum, paper, plastic, glass and other raw materials rise one, brought huge impact to the downstream plant. The price surge in Dongguan related industries affect the geometry? Dongguan factory how to actively respond to the new crisis in the timing of the cost pressure?

POLYVINYL ALCOHOL FIBER

“A month ago, we received from the supplier price letter every day, the total cost of individual products therefore increased 5%-8%, want to give orders to mention the price, foreign customers said they did not accept the price!” yesterday, Dongguan Buddha EVA Technology Co. company boss Yong Ching told reporters so describe this round of plastic “price tide” on the company’s impact.

Reporter visited found that due to the superposition of coal prices, oil logistics freight rise, multiple factors such as devaluation, relative to the beginning or lows of the year, plastic raw material prices have risen sharply this year, October is the rapid shot, even a doubling of prices rose more than 30%.

POLYVINYL ALCOHOL

This one, as a middleman in Dongguan large trade enterprises, plastic manufacturers have earned pours, while the downstream plastic products enterprises, such as toys, gifts and other factories, feel small cost pressure. The difference is, take the high road, the production of high value-added enterprises, capacity is relatively strong.

Market performance: part of raw material prices doubled

In the famous Dongguan plastics industry chain services business group headquarters, deputy general manager of the company operations management department Lai Boning showed the trend chart of plastic spot since the beginning of this year to the reporter. The reporter saw, after two years of downturn, PE plastic prices rose from 7000 yuan per ton at the beginning of the road, in October of this year exceeded the million mark, is currently hovering at a high of 9600 yuan, up about 4. “The more violent is PVC, the price rose about 150%, futures prices have doubled”.

PVA

The headquarters is located in Southern China City Zhangmutou plastic well-known plastic trading platform general manager Yong party plastics made miracle also disclosed to reporters, plastic prices since October this year rose particularly badly, such as ABS, PP and PVC for more than a month rose two or three. Dang Yong said, because the domestic plastic raw material from almost half of imports, therefore, since the beginning of this year, the continued depreciation of the RMB is also caused by the rising cost of plastic. As an international commodity market, Chinese plastic products had experienced a trough, so also in compensatory growth. In addition, some petrochemical manufacturers and traders to “understanding” to increase the price, and the cover plate futures market speculation exacerbated price rises.

In fact, this round of price rise is plastic factors superposition effect. In addition to the above reasons, Boning Lai also said that coal prices in the first half of the “black line” rise, slow recovery in oil prices, also led to most of the coal chemical raw materials and rising domestic petrochemical raw materials; rectifying and standardizing the logistics industry, the logistics costs increased by more than 30% and so on, factors are also rising prices.

The traders: money market opening

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