Jinjin Technology issued a contact letter to customers today saying that due to the ongoing disturbance of the situation in the Middle East, international oil prices have remained high for a long time, directly driving up the prices of core petrochemical raw materials for modified plastics. Chemical additives, energy, and production and processing costs have risen at the same time. The resulting cost increase has far exceeded the company's internal digestion capacity. The company plans to implement price adjustments for related products. Among them, the price of modified PA6 increased by 2,500 yuan per ton; the price of modified PP, modified PE, modified PA66, and modified PBT increased by 2,000 yuan per ton; the price of modified ABS, modified PS, and modified PC increased by 1,500 yuan per ton; and the price of modified PVC increased by 1,000 yuan per ton. The price adjustment will be applied to orders received on October 8, 2026.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.