SENTURY: The company has conducted the first round of price increases after considering various factors
SENTURY stated on the interactive platform on April 8th that the situation in the Middle East has caused global crude oil prices to rise, and some of the company's raw material prices are positively correlated with international crude oil trends, creating temporary pressure on the company's raw material costs. However, there is a relative lag between raw material market prices and the company's cost side. The company adjusts its procurement rhythm and stockpiling strategy in a timely manner based on production needs and raw material market conditions. Currently, the company has conducted the first round of price increases after comprehensively considering various factors such as product costs, terminal demand, and brand positioning, in order to minimize the impact of raw material fluctuations
