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At present, the problem of rising prices of plastic raw materials in Europe has not improved, but has intensified
.
European plastic prices continue to rise
European plastic prices continue to rise European plastic prices continue to risePrices of almost everything in the European plastics industry chain have skyrocketed this year
.
Prices of almost everything in the European plastics industry chain have skyrocketed this year
.
The price increase of plastic finished products is more obvious
.
At the same time, European plastics producers are also facing sharply reduced imports from Asia, the Middle East and the United States
.
Plastic processors are hurt Plastic processors are hurt
The price increase directly affects the most downstream plastic processors in the plastics industry, which in turn affects the end market
.
The price increase directly affects the most downstream plastic processors in the plastics industry, which in turn affects the end market
.
Reduced supply and increased demand are pushing up the price of plastic pellets at an unprecedented rate, according to Plastics Information Europe (PIE)
.
Supply bottlenecks for materials also jeopardize the production of plastic end-products
.
Market sentiment is also not optimistic
.
The end market is also implicated The end market is also implicated
PIE noted that at the workshop, nearly half of the end producers said they were facing production shutdowns due to material shortages
.
PIE noted that at the workshop, nearly half of the end producers said they were facing production shutdowns due to material shortages
.
ICIS pointed out that the current price increase in the entire plastic industry chain in Europe has had a significant impact on European plastic product manufacturers.
If prices continue to rise until all manufacturers in the industry chain "can't bear it", manufacturers will face The extra costs could end up being passed on to supermarkets, other retailers and consumers
.
Due to the wide range of end-use applications in the plastics industry, the impact is quite large
.
Among them, the most important is the vaccination work
.
If the supply of plastic products is insufficient, some European vaccine manufacturers may stop production as soon as April
.
The production of Covid-19 vaccines developed by companies including BioNTech/Pfizer, Moderna and Novavax requires a sterile liner, a giant plastic bag used to mix the drugs
.
Some vaccine makers are one step closer to shutting down production due to a shortage of the plastic bags
.
.
Among them, the most important is the vaccination work
.
If the supply of plastic products is insufficient, some European vaccine manufacturers may stop production as soon as April
.
The production of Covid-19 vaccines developed by companies including BioNTech/Pfizer, Moderna and Novavax requires a sterile liner, a giant plastic bag used to mix the drugs
.
Some vaccine makers are one step closer to shutting down production due to a shortage of the plastic bags
.
