Jiantao Group issues price increase notice to customers: Sheet metal prices increase by 10%, PP material prices increase by 20%.
According to informed sources, today Guangdong Jiantao Layered Board Sales Co., Ltd. issued a price increase notice to customers, stating, "Due to the recent high copper prices, the price of glass cloth continues to rise and the supply is becoming increasingly tight. Therefore, starting from today, we will adjust the prices of the following materials as follows: board materials will increase by 10%, and PP materials will increase by 20%." Another informed source revealed that due to the substantial increase in raw material prices, downstream customers of Jiantao Group currently have no room for negotiation on prices, and all customers are currently implementing a unified price.
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