Greater Noida, India | 31 March 2026
In the backdrop of ongoing global geopolitical uncertainties, supply disruptions, and continued volatility in energy and raw material markets, cost pressures across the chemical and packaging industry remain significantly elevated.
Further to our price revision announcement released earlier this month, Toyo Ink India Pvt. Ltd. would like to update our valued customers and partners on the continued escalation in global supply chain challenges and input costs.
Since our last communication, the situation has intensified across multiple critical raw materials and operational areas, driven by ongoing global disruptions, supply shortages, and regulatory constraints. The major cost escalations affecting the industry include:
1. Raw Material Cost Escalation
- Petroleum distillate prices have increased by approximately 100%
- Water-based monomers have risen by 70–80%
- UV raw material prices have increased by over 100%
- Matting agents and additives have seen increases of 25–30%
- Phenolic resin prices have risen by 45% due to supply shortages and force majeure situations
- Isocyanates prices have increased by 100%
- MDI prices have surged by over 150%
- Acrylates have increased by 150–200%
- EVA prices are up by 40%
- Vinyl Chloride prices have increased by 15–20%
2. Packaging Materials
- Packaging plastics have increased by around 40%
3. Energy & Operational Constraints
- Government restrictions have limited gas usage in plants to 55% capacity, impacting production costs
4. Foreign Exchange Impact
- USD to INR exchange rate volatility continues to significantly impact import costs
5. Logistics and Freight
- Global freight charges have increased by approximately 200%
- An additional USD 4000 surcharge is being levied
- Domestic freight costs have increased by 24%
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- Ensuring consistent product quality
- Maintaining supply reliability
- Supporting our customers with maximum transparency
The above figures are indicative in nature and based on communication from our suppliers and market sources. As market conditions remain highly dynamic, customers are requested to reconfirm prices at the time of placing orders.
Toyo Ink India Pvt. Ltd. Corporate Communications Department TEL: +91 120 6777222 MAIL: corporate.communication@toyoinkindia.com
