AOC LLC has announced a price increase in the amount of $0.13/Kg for all products sold in Asia, effective immediately.
The company says that there will also be a price increase in the amount of €50 per metric ton for all products sold in Europe. The increase refers to all orders shipped on or after 1 February 2017 and is in addition to the previously-announced increase of €100 per metric ton effective 1 January 2017.
This action is due to continuing price pressure on critical raw materials, AOC said.