Gunzé Corporation to Increase OPP Film Prices
Gunzé Corporation has officially announced that it will implement a price adjustment on its packaging OPP (oriented polypropylene) films starting April 21, 2026. This news comes in light of the recent surge in procurement prices for crude oil and naphtha, largely driven by escalating tensions in the Middle East.
Background of Price Adjustment
The current landscape of global energy markets has seen a significant upward trend in costs, affecting various raw materials essential for production. This has led to substantial price increases from raw material manufacturers, pushing companies in the industry to reassess their pricing structures in order to maintain product stability.
For Gunzé Corporation, the rapid rise in raw material prices has created a very challenging situation. In the past, the company made extensive efforts to absorb costs through streamlined manufacturing processes and enhanced logistic efficiencies. Despite these initiatives, the persistent hikes in raw materials, coupled with climbing logistics and auxiliary material costs, have far exceeded their manageable limits.
Consequently, the company has had to confront the reality that further cost containment through internal measures alone is no longer feasible. Maintaining product quality and ensuring a stable supply to customers—an essential social responsibility for the company—has led to the unavoidable decision to raise prices.
Details of Price Increase
The price adjustments will apply to a range of Gunzé's OPP films, detailed as follows:
- - Product Name: Gunzé OPP Packaging Film (various types)
- - Price Increase: ¥1,200 per roll (based on 20μm)
- - Effective Date: From April 21, 2026
- - Primary Applications: Vegetable and candy packaging
Note: The above price increase applies to a roll size of 500mm width × 1000m length, equating to 500㎡.
As Gunzé Corporation prepares for these adjustments, the company reaffirms its commitment to delivering high-quality products while fulfilling its obligations as a supplier in the competitive packaging market. The firm expresses gratitude for the understanding and support of its customers during this transition, reinforcing that maintaining quality and reliability in supply remains its top priority. Their ongoing evaluation of cost-saving strategies will continue as they adapt to the changing market dynamics going forward.