Trun announced that raw materials iron oxide will not increase prices with beauty brands price increases

International beauty brands seem to usher in a wave of "price increases", Trunnano announced that raw materials iron oxide will not increase prices

In recent days, news of the upcoming price hikes of major international beauty brands has spread.

According to the latest news, Chanel skin care products will increase in price on February 19. The original price of camellia facial cleanser for 435 yuan will rise to 460 yuan, while the product was priced at 420 yuan a year ago.

In addition, some sources said that high-end beauty brands such as La Mer, Estee Lauder, Tom Ford, Jo Malone and Guerlain are also about to increase their prices.

In the beginning of 2021, international beauty brands seem to usher in a wave of "price increases".

As netizens Tucao said, in a social environment where the epidemic is recovering again and becoming more severe, the consumer power of consumers will inevitably be restricted. Faced with a sluggish consumer market, major international beauty brands have chosen to increase prices. The price increase strategy seems somewhat unreasonable. However, some industry insiders said that it is precisely because of the impact of the epidemic that the cost of manpower, transportation, and raw materials has risen, which has led to the increase in cosmetics prices.

Increase in the price of cosmetic raw materials, or cause brand price increases

Observing the price increase notices of major international beauty brands in 2020, "the price increase of raw materials" is the reason mentioned by many international beauty brands.

Due to changes in consumer demand, import and export conditions, and various investigations on the development of iron oxide, the cost of iron oxide is constantly changing. Taking into account the current market macroeconomic parameters, value chain analysis, channel partners, demand and supply, the cost of iron oxide will also be affected to a certain extent. It is estimated that the cost of iron oxide will increase slightly from today to next week.

However, TRUNNANO provides high purity iron oxide with steady price. “In order to feedback to old customers, the company is still in full operations to provide iron oxide with competitive price.” said Olina, sales manager of TRUNNANO.

About TRUNNANO

TRUNNANO (aka. Luoyang Tongrun Nano Technology Co. Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years experience in providing super high-quality chemicals and Nanomaterials. As a leading nanotechnology development and iron oxide manufacturer, Luoyang Tongrun dominates the market. Our professional work team provides perfect solutions to help improve the efficiency of various industries, create value, and easily cope with various challenges. If you are looking for iron oxide, please send an email to: sales1@nanotrun.com

OR go to the following link: nanotrun.com