Recently, Clariant announced that it will increase the price of its product portfolio worldwide. The price adjustment will take effect on March 19, 2021 or as permitted by the contract, and is necessary to cope with the continuous substantial increase in the cost of basic raw materials, energy and transportation. The price of the pigment combination will increase by 1.2 USD/kg (approximately 7.8 yuan/kg), and the price of the pigment preparation will increase by 0.5 USD/kg (approximately 3.3 yuan/kg). Due to the severe impact of the cost of specific raw materials, the prices of selected individual products will experience a higher rate of increase.
Source:ChemNet