09/07/2026
We hoped the US-Iran ceasefire memorandum would be signed to restore smooth shipping through the Strait of Hormuz and bring raw material prices down. After the recent price correction, many clients have postponed orders, anticipating further price cuts, which is reasonable.
Yet we need to stay objective: crude extraction, refining and PP production follow a fixed cycle. Futures prices do not represent available spot prices. Some suppliers have slashed quotations sharply lately. Please pay close attention to product quality.
Most ultra-low-priced goods are made from recycled secondary materials. This practice is common amid high raw material costs to win orders with cheap prices, but it leads to unstable quality and poor tensile strength. Do not compromise long-term product performance merely for lower unit cost.