Already today, it is becoming a major challenge to secure sufficient polymer resins to fulfill all our current orders. We are in constant negotiations with our suppliers, and supply security has our priority over cost and price, but constant supply will only be possible at substantially increased costs.
While it is challenging at the moment to look beyond the rising wall of disruptions, all market participants agree that this tense situation will continue at least until the end of the year. Taking into account the current April price tags, most major polymers are headed for another 20% to 40% further price increases!
We see it as our responsibility to keep you informed on all market forces and will continue to keep you posted on any further developments.
If you have any further questions or concerns, please do not hesitate to reach out. Our team is more than happy to discuss this situation with you.