Japan's Kuraray Corporation recently announced that since the recent rise in raw material costs has exceeded the affordable range, prices of some resin products have been increased since June 1, 2017.
It is reported that the resin products of this price increase include polyvinyl alcohol resins KURARAY POVAL, ELVANOL, MOWIFLEX and polyvinyl alcohol series products EXCEVAL. The price increases worldwide are as follows:
country / region Price increase
Japan 10 yen / kg
Asia-Pacific 0.1USD / kg
North and South America 0.1USD / kg
Middle East, Africa 0.1USD / kg
Europe € 0.1 / kg
Since the beginning of 2017, prices in the resin industry have risen. After the resin giants Sabic, Covestro and Evonik announced price increases to varying degrees, Japanese manufacturers Hitachi Chemical, Kuraray and others also raised their prices.