Why RFID tags , RFID cards price are up in 2021?

Since the COVID-19 effected. Do you know what price of the plastic cards printing ?

Up ! Up ! Up!

Since everythig is up expcept the salary. How hard we are now. There are 3 main reasons to effect the cost of PVC cards printing up.

1. The raw of material PVC, PET, ABS, PET-G are up 3 times from 2020 to 2021.

2. There is industrial power rationing in many factories. The China govement to promote energy conservation and carry out environmental protection activities. So most of Chinese enterprises are supporting China’s policy. That will effct production decline.

3. RFID chips are supplying in very nervous .Most of NXP chips aren Alien Chips , T5577 chips are in short supply in 2021. Some factories can produce in some RFID tags but short of chips. Som suppliers have chips but could not produce some RFID tags. That is very embarrassed situation.

4.Since the COVID-19 no matter of express freight cost , or by boat fee . It is up many times.