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Over 50% increase in price of plastic affecting auto parts makers: report


Over 50% increase in price of plastic affecting auto parts makers: report
By
Tuesday Mar 16, 2021
Former chairman of PAAPAM says that price of plastic granule has increased by over 50% price in the last three months.
Mashood Khan says post coronavirus lockdown, the situation was yet to turn normal as the price of the major raw material is increasing.
Khan says part manufacturers yet to benefit from arrival of new big players in country.
KARACHI: An over 50% increase in the prices of plastic granule in the last three months has led to an increase in the cost of auto parts production causing a significant decrease in the profits of the small and medium vending companies, industry officials told

Pakistan , Karachi , Sindh , Mashood-khan , Mehran-commercial-enterprises , Pakistan-association-of-automotive-parts , Pakistan-association , Automotive-parts , Accessories-manufacturers , பாக்கிஸ்தான் , கராச்சி