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Price development in 2021 - HANNO informs about rising prices for foam 产品

Following the force majeure announcement by TDI manufacturers in autumn 2020, downstream processors are subsequently confronted with significant price increases for raw foams throughout the industry. However, other substances and materials are also increasing significantly due to the tighter market.

The processors, of which HANNO is one, will be forced to pass on the significant price pressure to their customers. Especially in times of the COVID 19 pandemic including lockdown, the price development sparked by the large-scale chemical industry seems somewhat strange. Many other industries are economically in the doldrums and can only work to a limited extent or not at all. On the other hand, those sectors that are still relatively well employed (including the construction industry) are additionally burdened in the current crisis by upstream price jumps to the extreme.