Compared with the first half of the year, the market has gradually become more stable. Many customers are closely monitoring raw material prices and prefer to wait, hoping that prices will decline further before making purchasing decisions. We completely understand this cautious approach, as everyone wants to secure the most competitive purchasing cost.
Through the long-term partnerships established by our General Manager, Ms. Shylin, with many leading raw material manufacturers, we have access to reliable first-hand market information. According to the latest updates from these factories, raw material prices are already approaching the bottom of the current market cycle, and the possibility of significant further decreases appears to be limited.
The market volatility experienced during the first half of the year has provided valuable lessons for many businesses. Geopolitical conflicts and supply chain disruptions led to unexpected price fluctuations and delivery challenges. In many cases, companies that delayed purchasing in anticipation of lower prices ultimately faced higher costs, extended lead times, or supply shortages. This experience has shown that excessive hesitation can sometimes create greater risks than making timely purchasing decisions.
Although no one can predict future market movements with complete certainty, reviewing purchasing plans and maintaining appropriate inventory levels can help businesses reduce procurement risks and ensure a stable supply for ongoing production. Making decisions based on reliable market information is often the most effective way to prepare for potential market changes.
We would like to share this market update as a reference for our valued customers. If you have upcoming production schedules or long-term purchasing requirements, now may be an ideal time to evaluate your procurement plan and inventory strategy. Our team will continue to monitor market developments closely and is always ready to provide the latest information, competitive quotations, and professional support for your business.
Thank you for your continued trust and support. We look forward to working with you and helping you secure a stable and cost-effective supply.