Lin Min-hsiung: Quanlian's Plastic Bags Will Not Be Limited or Increased in Price; Otherwise, It Would Cause Panic
Quanlian Chairman Lin Min-hsiung stated that to avoid causing panic, Quanlian will not limit plastic bag purchases or increase their prices. Facing inflationary pressures from rising oil prices, Quanlian will do its best to suppress prices, emphasizing that it will only raise them when absolutely necessary, being the last in the industry to do so.
📋 Article Processing Timeline
- 📰 Published: April 10, 2026 at 17:55
- 🔍 Collected: April 10, 2026 at 18:00 (5 min after Published)
- 🤖 AI Analyzed: April 20, 2026 at 08:32 (230h 32m after Collected)
Regarding the impact of the Middle East war, Lin Min-hsiung stated that if oil prices continue to soar, prices of goods will inevitably rise. 'We are trying to suppress them now, this is our responsibility.' He added that any price increases must be reasonable. When asked if they could hold out for another six months, he said, 'We'll try our best; after all, prices are not something I can control.'
Lin Min-hsiung pointed out that Quanlian's prices have not been adjusted yet, and there is no shortage of plastic packaging. Although other channels have announced purchase limits for plastic bags, Quanlian's announcement would cause panic, so they will not impose limits and will not allow manufacturers to raise prices. 'Quanlian will only raise prices when it cannot help but do so, and it will be the very last one.'
Lin Min-hsiung said that Quanlian has a good relationship with upstream manufacturers and maintains sufficient inventory. He stated there is no reason to raise prices now, but he cannot guarantee how long this will last. If manufacturers completely deplete their inventory, then they will have no choice but to raise prices.
Furthermore, regarding the acquisition of foodpanda's Taiwan business by Grab, where Uber is a major shareholder, Lin Min-hsiung stated that Uber's stake gives it a say. He called on the Fair Trade Commission to continue to maintain a fair competition mechanism in the market and avoid monopolies as much as possible. (Editor: Lin Shuyuan) 1150410
Lin Min-hsiung pointed out that Quanlian's prices have not been adjusted yet, and there is no shortage of plastic packaging. Although other channels have announced purchase limits for plastic bags, Quanlian's announcement would cause panic, so they will not impose limits and will not allow manufacturers to raise prices. 'Quanlian will only raise prices when it cannot help but do so, and it will be the very last one.'
Lin Min-hsiung said that Quanlian has a good relationship with upstream manufacturers and maintains sufficient inventory. He stated there is no reason to raise prices now, but he cannot guarantee how long this will last. If manufacturers completely deplete their inventory, then they will have no choice but to raise prices.
Furthermore, regarding the acquisition of foodpanda's Taiwan business by Grab, where Uber is a major shareholder, Lin Min-hsiung stated that Uber's stake gives it a say. He called on the Fair Trade Commission to continue to maintain a fair competition mechanism in the market and avoid monopolies as much as possible. (Editor: Lin Shuyuan) 1150410