(II) The price of upstream raw materials fluctuates greatly
The plastic products industry is made up of synthetic resin as the main raw material and supplemented with a certain amount of additives.
Therefore, the change in crude oil price is the main reason that affects the change of synthetic resin cost.
The fluctuation of crude oil price will ultimately affect the cost of plastic products through the layer of industrial chain.
If the price of crude oil rises too fast, it will directly affect the company's procurement costs, which is not conducive to the stable development of enterprises in the plastic products industry.
