Announcement: Notice on Raw Material Price Fluctuations
2026-03-26
Announcement: Notice on Raw Material Price Fluctuations
Dear Valued Partners,
We are writing to inform you of recent developments in global raw material pricing and how they may impact our ongoing and future orders.
Dear Valued Partners,
We are writing to inform you of recent developments in global raw material pricing and how they may impact our ongoing and future orders.
Key Update on Raw Material Costs
Affected by the sharp volatility in international crude oil prices, chemical raw material costs have risen 5%–10% across the board. Market forecasts indicate a high likelihood of an additional 10%+ surge in the coming period.
Our Commitment to You
To protect your interests and honor our long-standing partnership:
All recently confirmed and placed orders will maintain their original pricing, unaffected by current cost hikes.
Should raw material prices continue to rise drastically, future orders will be adjusted synchronously, leading to corresponding increases in procurement costs.
Action to Lock in Current Prices
We strongly recommend that you plan your procurement schedule and lock in orders as early as possible to control costs and ensure stable supply.
Deadline to lock in current pricing: March 31, 2026
Please share your Purchase Order (PO) or delivery schedule by this date to secure existing rates.
We greatly appreciate your understanding, trust, and continued support. Should you have any questions, our team is always available to assist.
Sincerely,
Guangzhou Wangda Co., Ltd.
March 19, 2026
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