In early 4Q20, all of our polypropylene resin suppliers communicated that the polymer resin market was in a state of volatility, with prices being driven higher by a combination of factors including hurricane season, demand and international shipping costs. As a result, we are being forced now to raise our prices on our woven and solid egg belts, and expect that to also happen later in 1Q21 for our manure belts.
We will be in touch with current customers who will be impacted and ask for your understanding.