As expected: a new round of price increases for plastic machinery is coming fiercely

[ Focus on Chemical Machinery Equipment Network ] Recently, when the price of chemical raw materials is rising rapidly, the new wave of plastic machinery price increases we anticipate is even more violent .
Haitian Plastics Machinery Group, a leading domestic plastic machinery manufacturer , announced on May 10 that it will adjust the prices of all products from May 11, and the price adjustment range is subject to the contract issued by the company after the notice is issued! In addition, Ningbo Shuangsheng, Ningbo Ramada, Ningbo Yonghua, Ningbo Haixiong and other plastic machinery companies have also issued price increases!

Crusher giant Guangdong Leimeng Intelligent Equipment Group Co.
, Ltd.
previously announced on April 24 that the sales prices of different products will increase by 15%-20% from May 1.

Huizhou Degang Machinery Co.
, Ltd.
announced (May 11) that since May 15th, all product prices will be raised by 15%.

Ningbo Shuangsheng Plastic Machinery Co.
, Ltd.
announced on May 10 that it will make appropriate adjustments to the prices of all series of Shuangsheng models from May 11, 2021.
For orders before May 11, 2021, each agent will confirm according to actual needs.
Orders that provide a contract and pay a 20% deposit will be executed at the original price, and unconfirmed orders will be implemented at the new price.  

　　Ningbo Ramada Machinery Manufacturing Co.
, Ltd.
announced on May 11 that it will adjust the sales price of Ramada 's series of products from May 12, 2021.
The price adjustment plan for this time is subject to the contract received by the company after the notification is issued.  

　　Bó Lè Intelligent Equipment Co.
, Ltd.
announced on May 12 that it will adjust the prices of the full range of models from May 12, 2021.  

　　Ningbo Yonghua Plastic Machinery Manufacturing Co.
, Ltd.
issued an announcement on May 11, stating that in view of the current uncontrollable rise in material prices, the company is unable to accept orders at the original sales price.
It has been decided that from May 11, 2021, all new purchases The temporary new sales price shall be executed urgently for all orders.  

　　As early as the 2021 New Year’s Day, the injection molding machine market experienced a wave of price increases.
Many domestic injection molding machine manufacturers have issued price increases, stating that due to the impact of the domestic environmental market factors, the price of raw materials has risen sharply, so the company has made Price adjustment decision.
Since the second half of last year, the price of materials has been rising until the Spring Festival, and the growth trend has become more obvious.
The recent increase in material prices has reached a level of out of control.
Recently, plastic machine companies have issued price increase letters one after another, which reflects the uncontrollable situation.
Companies can only withstand the pressure of rising material costs through price increases.
The last one who has to pay for this is the equipment purchaser.
Is the buyer willing to pay for the adjusted price? This is not known, but for the plastic machine supplier, the price increase of the equipment may have a certain impact on the product sales for a period of time in the future.  

　　How has the price of raw materials increased recently? Let's pay attention to the relevant raw material quotations on May 13th:
 

　　PVC raw material quotation

PMMA raw material quotation 

Quotation of waste plastic pellets

　　In addition, the prices of some domestic PC manufacturers have been rising day after day, and the domestic POM plastic market has continued to rise.
It is expected that today's polyethylene price may fluctuate mainly within a narrow range, and the mainstream price of Maoming Petrochemical 2426K in South China is around 10,900 yuan/ton.
(Tax not included); It is expected that the PVC market will fluctuate at a high level today, and the mainstream price of 5 type calcium carbide in South China is around 9400-9500 yuan.
(Tax not included); It is expected that the short-term domestic EPS price may consolidate mainly, and the market price of ordinary materials in South China is referenced at 11,900-12,000 yuan/ton.
(Tax not included); It is expected that short-term slices will be at a high level of consolidation due to the cost side.
The ex-factory price of Luxi Chemical's conventional spinning slices (LX275 bright) is referenced at 14,600 yuan/ton in cash.
(Tax not included).  

　　At this stage, for companies in the plastics industry, being crushed by the two mountains of "plastic ban" and "material price skyrocketing", it is not easy to get out of this quagmire quickly, and they can only save money from other aspects.
Hope When the market price of raw materials falls and stabilizes, they can tide over the difficulties.

 

　　Source: Bianbao.
com, Global Plastics, Recycling Business Network

 

　　Original title: As expected: a new round of price increases for plastic machinery is coming fiercely