Big price rises ahead as raw material costs see record increase.

Pressure has been growing over the last 6 months on the raw material supply to many of our manufacturers, resulting in price increases for the products they produce. Much of this is due to chemical plants around the world being in a state of Force Majeure which results in shortages of raw materials. On top of this increased demand from other markets, such as automotive, who pay more than sheet manufacturers for plastic resins, is resulting in shortages of raw materials and subsequently cost increases.

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