Songwon Expands Price Increases Across Product Portfolio
Songwon Industrial Co., Ltd. announced additional price increases across its product portfolio, following a previous increase communicated in March 2026.
The company said the adjustments are driven by the ongoing conflict in the Middle East and its impact on global market conditions, including feedstock availability and cost pressures.
The increases take effect immediately and will vary across the product portfolio or as contract terms allow. Songwon stated that monthly pricing will remain valid until further notice.
The company said it will continue to monitor developments and provide updates to customers regarding any changes affecting supply or pricing, while maintaining supply reliability and alignment with demand forecasts.
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