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Limin Group Raises Prices on Certain Products
People’s Financial News, March 17 — On March 17, Liming Co., Ltd. issued a product price adjustment notice stating that recently, due to force majeure, the prices of products in the petrochemical industry chain, corn starch, and other raw materials have soared, leading to a significant increase in the company’s production costs. The company has decided to raise the prices of Dason manganese zinc raw drugs and related formulations by 10%–15% effective immediately; raise the prices of Abamectin series raw drugs and related formulations by 5%–10%; and increase the prices of other raw drugs and related formulations with larger cost increases by 5%–15%.