Will The Price Of Raw Materials Of Ceramic Tile Continue To Grow In 2018?
- Mar 28, 2018-
Will the price of raw materials continue to grow in 2018?
In 2017, the price of raw materials kept increasing and became the hot topic in the ceramic industry. So, will it continue to grow in 2018?
The price tend to be stable in 2018.
In 2017, the price of zinc oxide went up more than 80%; Barium carbonate went up more than 40%; and aluminium also increased over 80%.
Some insiders said that they have been accustomed to the fluctuated price of raw materials. In order to deal with the increasing cost pressures, they chose to promote innovation and R&D to develop or find out alternatives.
Basically, the price of titanium pigment, zinc oxide, aluminum oxide, zirconia and other commodities increased by over 70% in 2017. Many insiders said that, there is limited room for the price to go up in 2018, it will be stable in 2018.