Latest scoop from the world of China bag manufactures – the word is out in China Bulk Bag manufacturing circles that the resin prices will be rising within two weeks heading back to norms of last year.
Factories are maxing out production following the usual Chinese New Year break backlogs and with the news of rising resin prices. It is proving difficult to get new orders into production as a result as these two factors start impacting production demand at the same time.
Bulk bag buyers are well advised to consciously 1) Seize current pricing opportunity by confirming current and future orders. 2) Place any orders outstanding now and 3) Look to see what inventory is available now, and secure it before available stocks run short.
By Bulk Bag World Watch