The price volatility of silicone raw materials has always been the focus of attention of the industry. Since the beginning of 2020, the silicone market has begun to rebound. The price of silicone rubber has continued to rise due to the rising trend of upstream raw materials, and has now risen by 10%. I believe The rapid rise of organic silicon raw materials in 2017-2019 is definitely a nightmare for many downstream companies, because the increase in raw material prices has broken the market balance within a period of time.
Hebei Zeal New Material Technology Co., Ltd. has been working in the production of high-temperature insulation sleeves for more than ten years, and has been committed to providing products with stable prices and quality. This price increase has brought a lot of turbulence to the industry, and some In order to seize the market, manufacturers began to deceive consumers with shoddy products. Our company promises to digest the disturbance caused by price increase as much as possible under the condition of stable quality. If it exceeds our company’s cost budget, our company will adjust the price appropriately, and will send you a formal price increase notice at that time.
