The Fast Moving Consumer Goods industry, more accurately, the food market may enter the new round price rise of raw materials.

According to market situations in recent two months, many medium and small enterprises will face risks caused by large amount rise of raw materials and freights in recent two years; while according to current trend, there is no sign for stable or falling price after rise. So far, the price rise situations of necessary raw materials in food industry are as follows:

Price of formula powder rises 50%; price of white granulated sugar increases 30%; the rise of carton price is uncertain; freight increases 33%.

In addition, upstream raw materials of food, such as palm oil, glass bottle and coiled materials also rise in price.