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Shengquan Group will increase prices of PPO and other oligomer products from July 13, with an increase of 15%~20%.

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ME AI In a message obtained from an insider, Shengquan Group will implement price adjustments for its PPO, PPE, OPE, and MPPO oligomer series products starting July 13, 2026, with an overall increase of 15%~20%. According to the insider, this round of pricing is mainly driven by the ongoing impact of international geopolitical conflicts, which has intensified volatility in global raw-material markets and caused a sharp rise in the procurement cost of core materials. Previously, the company had maintained stable selling prices for a long time by strategically stockpiling in advance and absorbing cost pressures internally; however, as the inventory from those stockpiles gradually runs out and costs remain high, a moderate price increase has become a necessary measure to ensure stable supply. (Blue Whale News) (Source: Wall Street Insights)
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