The Price Of Synthetic Leather Is Rising.

As the price of synthetic leather products rose in the beginning of the year, the synthetic leather products of Korea and Taiwan began to rise in price from April to May. The international price of synthetic leather increased by about 10% compared with 1 years ago.

This is mainly due to the fact that the price of crude oil is rising all over the world, so the prices of all kinds of raw materials and fuels are rising rapidly.

But the Chinese market, which is fiercely competitive (sports shoes with artificial leather), is watching the market price changes and acting cautiously.

On the other hand, because of the different raw materials and products used by different countries, the price increases are different.

In Japan, the average price of artificial leather has increased by 10% since February 1st. The prices of artificial leather rose by an average of about 5%. In 2007, Dongli and MITSUBISHI began to raise their prices by 5-10% respectively, and the company began to raise prices by 5% this month.

Coke Li, on the one hand, began revising the price adjustment plan in April 07. On the one hand, it continued to stabilize the continued supply of customers in order to reduce some of the costs.

However, the price of raw materials and crude oil increases, coupled with the dramatic increase in dyeing and manufacturing costs, and the cost reduction is also very difficult.

In the future, those products with stable customers are mainly maintained.

Synthetic leather will be more than half of the planned fast changing, fashionable and more applied products.

Therefore, it is difficult to continue to raise the price of the product, only to pfer the price to the new product.

According to the specific circumstances of each company, the companies have implemented the price increase without the formal expression of the price revision. Instead, they started to increase the price of some products from 5-10% in April.

In addition, in overseas markets, prices began to rise in South Korea and Taiwan from April.

The DAEWOO of South Korea has increased by 10% since May. It has officially indicated that the price increase will be 5 to 10% in June.

Sporting goods maker de Cheng said that the price increases from last year to now are mainly due to the shift in the price of raw materials.

Taiwan's South Asia plastics and three aromatization said: "the rise of chemical raw materials is directly due to the rise in oil prices. There is no way to absorb the cost increase alone. Therefore, manufacturers are negotiating price revisions with their applications. It is expected that prices will rise by nearly 10% in the next 1 years."

In China, although some manufacturers have taken action, most manufacturers are watching.

The price tag has not yet been heard in the competitive sports shoe market.

A South Korean manufacturer reluctantly said: "now we are very anxious to get orders, prices rise difficult, we can not get price benefits from raw materials."

A manufacturer in Taiwan also said: "China is now in the asset bubble, and the price of land, factory equipment and other assets is increasing year by year.