Regarding Price Revision for Packaging OPP Film
Gunze Limited announced a price revision for its packaging OPP film, effective from shipments on April 21, 2026. This is due to soaring crude oil and naphtha procurement costs caused by escalating tensions in the Middle East, making self-effort cost absorption difficult.
📋 Article Processing Timeline
- 📰 Published: April 6, 2026 at 22:00
- 🔍 Collected: April 6, 2026 at 13:30
- 🤖 AI Analyzed: April 16, 2026 at 00:38 (227h 8m after Collected)
Gunze Limited announces that its Plastics Company will implement a price revision for its packaging OPP (Oriented Polypropylene) film, effective from shipments on April 21, 2026.
Background and Reasons for Price Revision:
Due to the recent escalation of tensions in the Middle East, the procurement prices of crude oil and naphtha have rapidly soared. In response, raw material manufacturers have successively implemented significant price revisions (increases), and we are facing an extremely challenging situation where we must accept these rising costs to maintain a stable supply of products.
Our company has also made efforts to absorb costs through self-help, such as thoroughly reducing manufacturing costs and improving logistics efficiency. However, in addition to raw material costs, the further soaring of logistics costs and auxiliary material costs has significantly exceeded the scope that can be handled by our own efforts.
Therefore, to maintain product quality and fulfill our social responsibility of stable supply to customers, we have reluctantly decided to implement a price revision as follows.
Price Increase Range and Revision Period for Target Products:
Product Name: Gunze Packaging OPP Film (all types)
Price Revision Range: 1,200 yen/ream (converted to 20μm)
Revision Period: From shipments on April 21, 2026
Main Uses: Vegetable and confectionery packaging
*Ream: Refers to 500㎡ for 500mm width x 1000m.
Background and Reasons for Price Revision:
Due to the recent escalation of tensions in the Middle East, the procurement prices of crude oil and naphtha have rapidly soared. In response, raw material manufacturers have successively implemented significant price revisions (increases), and we are facing an extremely challenging situation where we must accept these rising costs to maintain a stable supply of products.
Our company has also made efforts to absorb costs through self-help, such as thoroughly reducing manufacturing costs and improving logistics efficiency. However, in addition to raw material costs, the further soaring of logistics costs and auxiliary material costs has significantly exceeded the scope that can be handled by our own efforts.
Therefore, to maintain product quality and fulfill our social responsibility of stable supply to customers, we have reluctantly decided to implement a price revision as follows.
Price Increase Range and Revision Period for Target Products:
Product Name: Gunze Packaging OPP Film (all types)
Price Revision Range: 1,200 yen/ream (converted to 20μm)
Revision Period: From shipments on April 21, 2026
Main Uses: Vegetable and confectionery packaging
*Ream: Refers to 500㎡ for 500mm width x 1000m.
FAQ
When will the price revision for packaging OPP film be implemented?
It will be implemented from shipments on April 21, 2026.
What are the main reasons for the price revision?
The main reasons are the soaring procurement prices of crude oil and naphtha due to escalating tensions in the Middle East, as well as rising raw material, logistics, and auxiliary material costs.