The price of raw material styrene has increased by 88%. In daily life, we can find that many children's toys are made of plastic, while plastic is mainly made of other raw materials. Styrene is a very important raw material for making plastics, because the price of styrene has gone up. In this case, the price of plastics will rise, which will further lead to the price of toys, which means that all the rising costs will eventually be superimposed on customers, so the price of toys will suddenly skyrocket.
The rising price of plastics is related to environmental protection. In recent years, China not only pays attention to the speed of economic development, but also pays attention to the quality of economic development. This quality mainly refers to paying attention to environmental protection. Although everyone wants to develop economically quickly and well, they also attach great importance to environmental protection. After all, we all advocate sustainable development now. Plastic is a very big pollutant, whether it is plastic bags or other plastic products. It is difficult to dispose of them at one time, so we can only wait for them to degrade naturally, which is slow and will pollute the surrounding land. Under such circumstances, relevant policies have begun to restrict the development of the plastic surgery industry.
Due to the advocacy of environmental protection policies and the influence within the industry, many small plastic manufacturers have closed down in this case. Therefore, in such a situation of insufficient supply and large demand, the price of plastics will rise, and then the price of products made of plastics will rise.