Why will our company's plastic buckle usher in the second price increase?

  Faced with the increase in POM source materials, labor costs and raw material costs continue to rise, our POM plastic deduction has been increased for the second time. 

  according to the supply of POM data POM is more dependent on imports. From the perspective of the brands in the main import source countries, Formosa Plastics FM090 has been delayed in supply from the port since May.   

    Domestic inventory has gradually been exhausted, and there is a shortage of goods in some areas. The situation; Nantong Baotailing, and Asahi Chemicals have heard about the recent storage and maintenance plan, the offer has continued to be high in recent months; while Celanese, which is accelerating localization, its output is still at a low level. As for domestic manufacturers, although all manufacturers are producing at full capacity, they are too busy to deliver pre-orders and the market spot inventory is low. In addition, PC and ABS related products of POM continued to rise, which drove the market to a certain extent. Traders are reluctant to sell their stocks and have a strong willingness to keep prices, and they wait for market highs to prevail.