Soaring 25%! More than a dozen paint factories collectively raise prices!

Recently, Henan Lianli Building Material Technology Co., Ltd. issued a notice stating that due to the impact of the price increase of upstream raw materials, it has been determined that the ex-factory prices of some products of its external construction coating series Lianli water paint and Jinshi water paint will be reduced from October 15, 2021. The adjustments are as follows:

1. The real stone paint floats by 300 yuan per ton based on the original ex-factory price;

2. The primer and exterior wall latex paint will float 800 yuan per ton based on the original ex-factory price;

3. The internal wall latex paint will float 400 yuan per ton based on the original ex-factory price;

4. The colorful marble paint and finish paint will rise by RMB 1,600 per ton based on the original ex-factory price

The "Eleventh" holiday has not yet ended, and the price increase letter for paint products has been issued, which shows that the demand for price increases in the paint industry has been "unbearable". And when the chemical workers return to work after the holiday, the ones that greet everyone are still rising and rising! Recently, the Coating Purchasing Network has carried out a continuous follow-up report on the domestic and foreign chemical industry market conditions. Many coating companies have come to complain, saying that they will not be able to handle it, and the cost pressure and limited operating conditions have put them on the verge of "Drowning" edge.

Up 25%! Many coating companies sent letters to announce the rise!

Under the rapid increase in costs, coating companies said that they are already "doing one order and losing one order", and it is expected that raw materials will continue to rise for some time in the future. A number of coatings companies, including Asia Paint, sent letters to announce the increase, with a maximum increase of 25%.

China Paint (Shenzhen) Co., Ltd.: Starting from October 18th, the low-end latex paint will be increased by 5%, the medium-low-grade and above latex paint will be increased by 10%, and other water-based paints (including accessories) will be increased by 5%, nitrocellulose paint, PU wood paint Increased by 5%, FP engineering paint products increased by 10%.

Jiangsu Jiunuo Building Materials: Starting from October 1, 2021, the unit price of all engineering paint products will be adjusted, of which:

Increase the price of real stone paint by 10%-18%;

The price of water-based exterior wall coatings will increase by 15%-20%;

The price of water-based interior wall paint will increase by 15%-20%;

The price of Kiev materials (silica gel tentatively undecided) will increase by 8%-10%;

The price of decorative composite panels will increase by 10%-20%;

Increase the price of insulation by 10%-20%;

Floor price increase by 10%-25%;

Waterproof prices are increased by 10%-15%.

Bauhinia Paint (Shanghai) Co., Ltd.: Starting from October 1, 2021, a certain degree of price adjustment will be made to engineering coating products, including:

The price of interior wall paint will increase by 5%-10%;

The price of exterior wall paint will increase by 5%-10%;

Floor price increase by 5%-15%;

The price of engineering auxiliary materials is increased by 5%-10%.

Hebei Chenyang Industry and Trade Group: Starting from October 1st, prices of retail products will be increased, of which:

The price of interior wall coating products will increase by 5%-15%;

The price of exterior wall coating products will increase by 8%-15%;

The price of multifunctional products will be raised by 5%-15%;

The price of wood paint products is raised by 5%.

Yashi Chuangneng: Send two letters in a row to adjust the product increase, starting from October 1st,

Interior wall coatings rose 4-22%, exterior wall coatings rose 4-18%, painting tools rose 10-15%, and Kiev materials rose 3-7%.

Engineering coatings: real stone paint rose 10%-18%, water-based floor paint rose 10%-25%, water-based interior wall rose 15%-20%, water-based exterior wall rose 12%-20%, oil-based products rose 20-40 %.

Finished board system: Rock wool finished boards rose 8%-10%, and other finished boards rose 8%-20%.

Insulation system: Rock wool board rose by 8%-10%, organic insulation board rose by 8%-20%, and other thermal insulation materials rose by 10%-15%.

Kiev materials: powders rose by 5%-10%, mesh cloth, fasteners, etc. rose by 6%-15%, and silica gel rose by 90%-100%.

Hardcover products: tile glue, plaster plaster rose 8%-15%.

Waterproof products: waterproof coiled materials rose 10%-15%, and waterproof coatings rose 10%-15%.

Nippon Decoration Materials (Guangzhou) Co., Ltd.: From October 1st, product prices will be adjusted:

20KG pure state home surface putty increased by 1 yuan;

When 20KG, the price of Shili putty A will be increased by 1 yuan;

20KG Tao Fule basic level Almighty King A price increase by 10%;

18KG Tao Fule basic level Almighty King A price increase by 10%;

The price of 2.1KG Nippon Seam Adaptation Expert A will be increased by 10%;

18KG quick-coating wall reinforcement agent increased by 3 yuan;

18KG Fast Tubao anti-mold reinforcement agent increased by 4 yuan.

Liaoning Jiren Paint: From October 1st, 3.7L and below packaging products will be reduced by 7%, and the price will be increased by 7%.

Tonglu Fuyu Paint Factory: All product prices will be raised by 20% from October 1st.

Fujian Caleli New Building Materials Technology: Starting from October 1, prices of the company's products will be adjusted appropriately, and the specific adjustment ranges are as follows:

Dry powder: 5%-10%

Latex paint: 10%-20%

Real stone paint texture category: 5%-10%

Shandong Yi Er Yi Building Materials: After research and decision, from October 1st, the product market price will be adjusted:

1. The external wall powder products are adjusted by more than 20% on the whole line.

2. Primer, top coat, real stone paint, texture paint, and top coat products are adjusted more than 15-20% on the entire line.

3. Adjust more than 15% of grid cloth on the whole line.

4. The price of expanded polystyrene board and polymerized polystyrene board will increase by more than 10%.

5. The price of the whole line of structural integrated board products will be increased by more than 5-10%.

In addition, PPG, Sherwin-Williams, Akzo Nobel and other coating chemical giants have also voiced one after another, saying that the prices of raw materials are high and the supply of goods is tight, and there are plans to increase the next step.

PPG said that the company's sales are currently being affected by the increased disruption in commodity supply. The company continues to make significant progress in implementing sales price increases to help offset rising raw material costs, and is seeking further increases. The overall price increase in the third quarter is expected to be about 5%.

Sherwin-Williams stated that production disruptions, coupled with the surge in construction and industrial demand, are putting pressure on the supply of raw materials and quickly pushing up prices. They expect to take additional "pricing actions" to cope with rising input costs. . In addition, Sherwin-Williams will charge a 4% surcharge from September 20 to the end of the year.

Akzo Nobel stated that the issue of rising raw material prices has brought an adverse impact on the coatings industry. In order to cope with the challenges brought about by rising raw material costs, companies will continue to take necessary actions such as pricing and cost control.

COSCO Jotun Marine Coatings (Qingdao) Co., Ltd.: In 2021, the prices of various raw materials will continue to rise and remain high. The company has successively received notifications from upstream raw material suppliers to limit production, and at the same time, companies that have been forced to cut off power have appeared on the same power supply line where the factory is located. Since the beginning of this year, its cost has risen by more than 50%. Therefore, after careful consideration, it was decided to raise the price of the product.

Coating companies are under "high pressure", please stock up reasonably during this "cold winter"!

Many coating companies said when communicating with the coating procurement network that the current situation can be described as "a lot of pressure." Whether it is the soaring prices of raw materials such as emulsions, titanium dioxide, coloring agents, curing agents, or the continuous increase in rent, water, electricity, and labor costs, companies have brought great pressure. Recently, the "dual control" of energy consumption has become more stringent, the supply of raw materials companies has become more tight, the operating rate is too low, and the price continues to rise. Such a bleak situation does not match the peak season of "Golden Nine, Silver and Ten".

Some coating companies frankly said that the increase in raw materials has doubled since the beginning of the year, and the overall cost has risen by more than 50%, but they dare not fully transmit it to the downstream. At present, the increase in coatings companies is generally around 10%-20%, and a few can reach 30%. , And the actual landing situation is not optimistic. In addition, we must also consider downstream acceptance. After all, some downstream companies have low operating rates and demand under the current "double limits". The homogeneous competition in the coating industry itself has led to many companies not having enough confidence and competitiveness. To increase prices. This also explains why hundreds of raw material companies have sent letters to raise prices, and they have the confidence to raise prices many times, while the price increase of paint companies can't even compare to half of the raw material companies.

In this situation where both ends are under pressure and difficult to ride the tiger, rising prices may mean losing orders, and not rising means losing money as you sell. In order to keep profits and leave a sigh of relief, paint companies can only choose to increase prices when the two disadvantages are balanced. In the last quarter of the year, there are still big variables in factors such as the epidemic situation, dual control, freight, and extreme weather. It can be said that it is difficult to make money during the peak season as in previous years.