13 replies to this topic

[BryBear]

I just received notice that the M-F Plastic is going to have it's largest price increase in 40 years. Have the other companies raised there prices also? I have had great results with MF and don't want to switch. Have you guys had to raise your prices also? They said there was some world wide shortage of something used to make the plastic.

[Smallie]

BryBear, on 30 July 2010 - 07:41 PM, said:

I just received notice that the M-F Plastic is going to have it's largest price increase in 40 years. Have the other companies raised there prices also? I have had great results with MF and don't want to switch. Have you guys had to raise your prices also? They said there was some world wide shortage of something used to make the plastic.

Did they say when this would take place?

[toadfrog]

Smallie, on 30 July 2010 - 08:20 PM, said:

Did they say when this would take place?

Bears baits will have the skinney on any increases.

[longhorn]

Who did you receive the notice from?

[BryBear]

longhorn, on 30 July 2010 - 09:07 PM, said:

Who did you receive the notice from?

I received a letter in the mail dated 7/12/10 from Robert Maserag and Jeff Smith along with a new price list.

[carolinamike]

Guys, odds are you're going to see more of this come up. The shortage that's being spoken of is plasticizer, not sure if I'm spelling it correctly. There is another chemical being used, I can't remember the initials right off, but I've heard it's not the best stuff for making baits. If the shortage keeps on, it may be that this will be the only product available. I guess we're just going to have to wait and see. From what I've been told, Exxon is one of the main distributors of this material and they have a pretty tough payment policy when it comes to smaller companies, like MF and some of the other smaller plastic distributors. One of the major distributors has assured me that they can get the product anytime, that they get an allotted amount that's allocated to them, because this company pays with a draft from their bank account, which is automatically done when they send the product. Thing about it is, I don't like this company's plastic too well, it's kind of sticky when it comes out and it has somewhat of a petroleum smell that has to be masked. It's kind of got me worried, working for as many companies as we do now, I really don't want to change products after using this one for two years. I don't buy from the smaller companies like LC and MF, but I'm afraid it's going to affect us all. I hear one way of knowing whether or not they're using the new chemical is the baits will be a whole lot more oily than usual.

[Smallie]

BryBear, on 31 July 2010 - 04:34 AM, said:

I received a letter in the mail dated 7/12/10 from Robert Maserag and Jeff Smith along with a new price list.

So what is the price for 5 gallons of super soft and 5 gallons of soft sinking plastic?

[johnny438]

Smallie, on 01 August 2010 - 08:41 PM, said:

So what is the price for 5 gallons of super soft and 5 gallons of soft sinking plastic?

I Own a Soft Plastic Lure Company and also work for the Company that shoots all my molds. I am the Warehouse Manger and you will see the price of plastic go up everywhere it has went up more over the last 3 months than any other time. The main reason there is a shortage of the main ingredient Plasticizer is because it is being shipped over seas to China where they can order it from us cheaper than getting the products and making it there. It amazes me that China can make the lures package them and ship them back to the U.S cheaper than we can make them here. I can buy the Plastic in bulk totes and break it down and sell it in 5 gal. or drums. We use around 6 to 8 totes in a 4 day week..

[152nd Street Baits]

Smallie, on 01 August 2010 - 08:41 PM, said:

So what is the price for 5 gallons of super soft and 5 gallons of soft sinking plastic?

All of the 5 gallon plastic is $133

[bhorlings]

152nd Street Baits, on 01 August 2010 - 09:04 PM, said:

All of the 5 gallon plastic is $133

When does that go into effect? I just did an add to cart on the site and it still shows $120.

[152nd Street Baits]

The letter I received says effective today, August 2, 2010

Edited by 152nd Street Baits, 02 August 2010 - 04:31 PM.

[bhorlings]

152nd Street Baits, on 02 August 2010 - 04:31 PM, said:

The letter I received says effective today, August 2, 2010

Good to know.... Wait that's today!

[GB GONE]

They all will either have to go up or eat the price increase in-house. All will be effected and especially smaller companies.

There is some "experimentation" going on and I may have some samples to report on soon.

Not to exciting as I have heard what Mike reported. Far more "oily" baits out of the mold.....

Jim

[Smallie]

BryBear, on 30 July 2010 - 07:41 PM, said:

I just received notice that the M-F Plastic is going to have it's largest price increase in 40 years. Have the other companies raised there prices also? I have had great results with MF and don't want to switch. Have you guys had to raise your prices also? They said there was some world wide shortage of something used to make the plastic.

I ordered 5 gallons of super soft and 5 gallons of sinking soft from MF today. Robert told me 5 gallons had to rise from 120 to 133 because there is a world wide shortage of adipic acid. Adipic acid is used as a plasticizer in the manufacture of nylon, polyurethane and PVC. China is consuming more and more of this every year and the affects are being felt world wide.