I think teacher’s report would say 4.5 out of 5.
Of course this is only June, so we’ll have to wait for the fat lady ( sorry, the fat man in the red suit and white beard) to sing.
- Resin Price increases. Yes, well on track and my prediction on Resin price increases may well be exceeded by year end.
- Extrusion companies will increase prices by a headline 8% – 10% and fail to hold most of it due to desperation price cutting by a one or two companies teetering on the edge. Well folks we’re there, except it looks like 6% to 14% and we’ll watch to see who’s real and who’s bluffing.
- Colour demand will grow dramatically. Yes, definitely, in solid colours, foils and paint.
- Market volume will contract by 5%. Looks more like flat or a small increase, but within that there are significant winners and losers.
- A small growth in the number of independent stockists as the larger group companies tighten up, close some depots and let ambitious staff go. Its happening. And of course this is essential to provide growth and new energy in any sphere.
