This is an unfortunate news for us and our customers. We can't bear to tell our customers, but in order to make our customers understand the glitter powder and the market situation in China, we decided to announce this unfortunate news after a long struggle.

What kind of news is that what makes us so entangled? Please also listen patiently to us.

The annoying news is that the cost of PET sheeting, the raw material for making glitter powder, has risen sharply. This will lead to an increase in the price of glitter powder. Simply put, the price of glitter powder will start to increase in September 2018.

Why the whole market start to rise the glitter price day by day?

1.Under the joint action of PTA centralized maintenance has led to a tight supply of PTA and a strong rise.

2.Recently, PTA has increased by over ￥2,000 /ton. It directly promotes the cost of sheeting by more than ￥1,600 / ton.

3.PET sheeting factory orders are delivered for more than 25 days, and then the packaging industry enters the theoretical golden period. Demand is expected to increase.

As the direct supplier to our overseas customers, we actively help our customer to advance the purchase plan to keep the good price.