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Home > News > Paint & Coating News > Since April 1st, the price of Nippon has increased!

Since April 1st, the price of Nippon has increased!

soutuliao 2023-03-13

Recently, the world's fourth largest paint enterprises, China's largest paint enterprises state official announced price increases!

 

March 8, Libang Decoration Materials (Guangzhou) Co., Ltd. issued a product price adjustment letter.

 

The letter said that thanks to the dealers for their long-term support and trust in Bunbang, in line with the "achievement of customers, innovation, cooperation to win, encourage efforts" of the corporate values, we will continue to provide better products and services for the majority of dealers partners, common growth.

 

As chemical raw materials continue to rise, titanium dioxide, resin, emulsion and other main paint raw materials prices continue to rise, the company decided to since April 1, 2023, the following products to do price adjustment:

 

Distribution 5 in 1 series 5L, the expected increase of 1-5 yuan/barrel

Distribution 5 in 1 series 18L, the expected increase of 7-15 yuan/barrel

Distribution 2 in 1 series 5L, the expected increase of 1-2 yuan/barrel

The distribution of 2 in 1 series 18L is expected to increase by 3-8 yuan/barrel

Shiili Series 17L, the expected increase of 1-2 yuan/barrel

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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