Zeon raising synthetic latex prices in Japan

Tokyo — Zeon Corp. has announced a price increase for its synthetic latex products, citing rising production and supply costs.

The company said it will raise prices for acrylate latex, NBR latex and SBR latex by Yen17/wet kg, effective for deliveries from 10 March.

According to Zeon, various costs associated with the manufacture and supply of the products have “continued to rise year by year,” exceeding its ability to absorb the increases through internal cost-control measures.

As a result, Zeon said it had concluded that a price adjustment was necessary in order to maintain “stable production and supply” of the materials.