Japan's largest food container plastic business announced an upward adjustment in shipping prices

On February 26th, Japan's largest supplier of food container plastics announced that, starting from April 1, it will increase the price of plastic food shipments, in which the price of molded products (PS and PPF products) will increase by more than 10%, and the price of PET products will increase. 8%. Foam products rose more than 10% across the board.

It is reported that due to rising cost of raw materials such as naphtha and benzene, the cost of secondary materials and logistics is also rising. Therefore, the company announced price increase plan. In the future, the company will discuss with customers on specific price increases.

Due to the recent high oil prices, it is expected that the rising price of plastic products will affect more companies.

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