Prices of polyethylene films to increase due to PE raw material crisis
In some cases the large raw material suppliers have called a Force Majeure for their production which means production lines have been shut down caused by higher forces. This does mean all prices and contracts for raw material are no longer valid.
Available quantities of PE Materials have been reduced remarkably and have led to production delays in single cases.
Shortages in supplies do lead to higher prices and the large suppliers of PE Material are enforcing them in any circumstances.
Source: FVG