Who Is The Cost Pressure Of Polyurethane Pferred To?

This year, high oil prices and high cost of raw materials have forced polyurethane manufacturers to raise their prices. In addition to raw materials TDI, MDI and polyols, curing agents are also facing increased prices, some even up to 25%.

During the interview, a foam manufacturer in Guangdong said that many manufacturers and finished manufacturers of polyurethane industrial chain, who were forced to accept a substantial increase in raw material prices, hoped to pass on the rising cost to the end users.

Some manufacturers who are unwilling to accept the substantial increase in the price of polyurethane raw materials will reduce production or stop production to cope with high cost production pressure.

In this process, the downstream industries of the polyurethane industry, such as shoemaking, weaving, leather and coating industry, have been impacted by the industry shuffling.

Insiders say that different end-users, such as furniture, mattresses, footwear and so on, are different in terms of acceptance of price increases, which may bring problems to sellers of value chain terminals.

When terminal customers are unwilling to accept the price increase beyond gasoline, then the finished product manufacturers will be in a dilemma of squeezing up and down, and the profit space will be further reduced.