Industry Notice: Price Adjustment for Home Textile Products Amid Rising Driven by International Oil Prices

Recent escalating geopolitical tensions in the Middle East have led to a sharp surge and persistent high volatility in international crude oil prices. As the foundation of the petrochemical industry chain, fluctuations in oil prices have rapidly transmitted to downstream chemical fiber, textile and home textile sectors, driving up the costs of polyester, nylon, non-woven fabrics and various chemical fiber-based materials.

Since March, prices of oil-dependent chemical fiber raw materials (including polyester staple fiber, filament yarn, functional fibers, etc.) have increased significantly, with some categories surging more than 20% in a single day. Fabric manufacturers have universally raised prices for grey cloth and finished textiles.

Core home textile products such as down quilts, fiber quilts, pillow cores, cushions, curtains and bedding sets rely heavily on chemical fiber, blended and coated fabrics, resulting in widespread cost pressures across the industry.

Driven by simultaneous increases in raw materials, dyestuffs, logistics and energy costs, production expenses for home textile manufacturers continue to climb, marking a new round of industry-wide price adjustments.

To ensure consistent product quality, stable supply and avoid operational losses, our company will implement dynamic pricing adjustments for all products in line with raw material market fluctuations.

Given the high uncertainty in oil and raw material markets, shortened price validity and frequent daily price changes, we sincerely remind all new and valued customers:

We will continue to uphold strict quality control and stable delivery schedules, standing with our partners through this period of industry volatility.

Thank you for your understanding and continuous support.