BASF (BAS GY) is reportedly to increase the prices of additives by up to 20%, citing raw materials, inflation and freight rates

BASF (BAS GY) is reportedly to increase the prices of additives by up to 20%, citing raw materials, inflation and freight rates.

BASF's decision to raise prices on additives by up to 20% reflects upward pressure from raw material costs, inflation, and freight rates. This move could signal broader inflationary trends in the sector, potentially impacting margins across related industries and influencing commodity prices, particularly if this trend becomes widespread among peers.