Gunze Limited has decided to revise the prices of packaging OPP (biaxially oriented polypropylene) film sold by its Plastic Company, effective from shipments on June 22, 2026. The background to this decision includes the prolonged tensions in the Middle East leading to soaring naphtha prices, as well as successive price hikes for raw materials and auxiliary supplies. While the company has thoroughly implemented cost reductions such as production rationalization, the current cost increases have exceeded the limits of what can be absorbed by internal efforts. Therefore, to maintain quality and ensure stable supply, we have made this unavoidable decision.
FACT BOX
- Source: PR TIMES
- Category: price_revision