The Price of Gum Base Raw Material has gone Crazy since Nov 2020

There are two main reasons:

1. The exchange rate between US dollar and RMB in two month ago is 1:7.2, the exchange rate between US dollar and RMB is 1:6.4 now.

2. the cost of all main raw materials of gum base has increased a lot.

for example: cost of Ester Gum has increased more than 35%, cost of PVAC is still keep increasing and it's likely to go even higher.

So the price of gum base has also increased a lot, welcome to contact us to get the latest price for gum base.

Because of sea freight changes a lot too, reminder to prepare gum base in time.