Cosmetic packaging materials are going up in price
Release time:
2023-03-21
It seems that the cosmetics industry has been struggling with price increases throughout the year. After carbomer, non-woven fabric, glycerin, and organosilicon, plastic batons have experienced a resurgence of price increases. Yes, the prices of (packaging materials) raw materials have increased, and ABS has also increased. However, when the prices of upstream raw materials increase and the international epidemic affects export business, some cosmetics packaging materials companies use "adding insult to injury" to indicate their situation. ABS prices surged by 33.33% In recent months, the continuous increase in raw material prices, from glycerol to organosilicon, and then to plastics, has been testing the heartbeat of cosmetics practitioners. The person in charge of a certain cosmetics packaging company introduced to Qingyan that the price of ABS (acrylonitrile styrene butadiene copolymer) has increased, and PP (polypropylene) has also slightly increased. It is said that it is difficult to order materials now. According to Business Society, which focuses on researching commodity price trends, as of November 17th, the price of ABS has risen to 19000 yuan/ton, an increase of 33.33%. From the chart below, it can also be seen that since October, the price of ABS has skyrocketed without any downward trend. Specifically, on November 17th, several companies including CNPC North China, CNPC East China, Ningbo LG Yongxing, and others raised their ABS quotes compared to the previous day, with prices not lower than 17500 yuan/ton. Under the tense supply and demand relationship, some ABS manufacturers have closed down and stopped selling.
It seems that the cosmetics industry has been struggling with price increases throughout the year. After carbomer, non-woven fabric, glycerin, and organosilicon, plastic batons have experienced a resurgence of price increases. Yes, the prices of (packaging materials) raw materials have increased, and ABS has also increased. However, when the prices of upstream raw materials increase and the international epidemic affects export business, some cosmetics packaging materials companies use "adding insult to injury" to indicate their situation.
ABS prices surged by 33.33%
In recent months, the continuous increase in raw material prices, from glycerol to organosilicon, and then to plastics, has been testing the heartbeat of cosmetics practitioners. The person in charge of a certain cosmetics packaging company introduced to Qingyan that the price of ABS (acrylonitrile styrene butadiene copolymer) has increased, and PP (polypropylene) has also slightly increased. It is said that it is difficult to order materials now.
According to Business Society, which focuses on researching commodity price trends, as of November 17th, the price of ABS has risen to 19000 yuan/ton, an increase of 33.33%. From the chart below, it can also be seen that since October, the price of ABS has skyrocketed without any downward trend. Specifically, on November 17th, several companies including CNPC North China, CNPC East China, Ningbo LG Yongxing, and others raised their ABS quotes compared to the previous day, with prices not lower than 17500 yuan/ton. Under the tense supply and demand relationship, some ABS manufacturers have closed down and stopped selling.
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