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Oct 30, 2008

World prices have continued to move up the tape

Over the past few months, the majority of the world's manufacturers of plastic products increased prices. Among them, two of the world's largest manufacturer of tape --- Goodyear Engineered Products, fenner, as well as the Department of Dunlop conveyor belt of the United States has conducted or will conduct a second round of price increases.

Fenner Dunlop in the company on November 1 will be the beginning of product price increases of 6%. Fenner Dunlop company said that due to raw material and transport costs rose too fast and larger, companies can only barely offset price increases for raw materials costs.

Goodyear plans to December 8 products will increase 10.4 percent, after orders in March 2006 or 15 days of shipping price will be increased. And on January 17 this year, Goodyear has the full tape on the price to 17%.

According to the Passaic Rubber Company, raw materials and transportation costs rise despite the range, but in recent months has been quite a long time to rise, almost all tape manufacturers have been raw materials such as the impact of price increases. Therefore, Passaic Rubber, Legg and Novex, and other companies in 2005 on the tape and related products for the price.

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