Shenyang, March 2026 – Affected by the sharp rise in international crude oil prices and the continuous escalation of geopolitical tensions in the Middle East, China's domestic refined oil market is facing its fifth price hike in 2026, which is scheduled to take effect at 24:00 on March 23. This price adjustment, with the largest increase this year, has triggered a comprehensive rise in raw material and logistics costs across the industry, and Shenyang Longgreen Science & Technology Co., Ltd., a leading local enterprise in Shenyang engaged in new material R&D and production, is also facing unprecedented cost pressure, with its core products including Pearl Particle Release Agent possibly facing price adjustments.
The sharp increase in refined oil prices is driven by multiple factors. Authoritative institutions estimate that the retail prices of gasoline and diesel will rise by up to 2000 CNY per ton in this round. Specifically, the price of 92# gasoline will increase by 1.6 CNY per liter, 95# gasoline by 1.69 CNY per liter, and 0# diesel by 1.7 CNY per liter. For a typical 50L household fuel tank, refueling a full tank will cost an additional 80 CNY approximately. The root cause of this round of oil price surge lies in the tight supply and demand pattern of the international crude oil market and the continuous escalation of the geopolitical situation in the Middle East. The navigation disruption in the Strait of Hormuz has intensified the market's concerns about energy supply disruptions, pushing up international crude oil prices rapidly. As of the 6th working day of the pricing cycle on March 17, the average price of reference crude oil varieties has reached 94.66 US dollars per barrel, with a change rate rising to 26.33%, far exceeding the 50 CNY per ton price adjustment trigger threshold. What's more, the next refined oil price adjustment window will open at 24:00 on April 7. If international crude oil maintains its current high trend, domestic oil prices are likely to rise further, and the pressure of rising costs will be difficult to ease in the short term.
As the "blood" of industrial production, the sharp rise in oil prices has quickly transmitted to the upstream and downstream of the entire industrial chain, especially having a direct impact on the chemical, packaging and logistics industries. For Shenyang Longgreen Science & Technology Co., Ltd., the surge in refined oil prices has led to a substantial increase in the raw material costs of various packaging materials such as plastic barrels and plastic pallets. At the same time, the energy consumption in product production and logistics and transportation costs have risen synchronously, coupled with the linked increase in the prices of upstream chemical raw materials. The overall production cost of the company has been under unprecedented pressure, and the rising cost trend has run through all links of production, warehousing and transportation. Pearl Particle Release Agent, as one of the core products of the company, its production process is highly dependent on chemical raw materials and energy resources, so the cost of raw materials and production energy consumption of Pearl Particle Release Agent has increased significantly, becoming an important part of the company's overall cost pressure.
For many years, Shenyang Longgreen Science & Technology Co., Ltd. has always adhered to the principles of stable supply and reasonable pricing, and made every effort to ensure the supply of goods and production needs of all partners. Faced with the previous small fluctuations in raw material prices, the company has taken the initiative to absorb part of the cost pressure to maintain the price stability of products including Pearl Particle Release Agent. However, in the face of this round of full-chain and large-scale cost increase caused by the oil price surge, the company can no longer fully bear the continuously rising cost pressure independently.
Against this background, the company is now making an honest communication with all partners and customers: affected by the sharp rise in oil prices and the synchronous surge in raw material and packaging costs, the company's core products such as internal spraying and Pearl Particle Release Agent are likely to be adjusted in price. At present, Shenyang Longgreen Science & Technology Co., Ltd. is conducting a comprehensive accounting of the comprehensive production costs of all products, and will formulate the subsequent pricing plan prudently by combining the market conditions, cost increase range and customer cooperation situation. The company will, on the premise of ensuring the stable quality and timely supply of Pearl Particle Release Agent and other products, balance the cost pressure and customer interests to the greatest extent possible. The specific price adjustment time and range of Pearl Particle Release Agent and other related products will be officially announced to all customers through the official channels of the company at the first time, so as to ensure that everyone can make procurement plans and production arrangements in advance.
It is worth reminding that there are only a few days left before the official implementation of the oil price adjustment at 24:00 on March 23. For customers who have procurement plans for Pearl Particle Release Agent and other products of the company, it is recommended to communicate and connect with the company's sales team in advance and make reasonable stock preparation, so as to minimize the procurement pressure brought by the subsequent cost increase.
Shenyang Longgreen Science & Technology Co., Ltd. has always adhered to the business philosophy of integrity-based and win-win cooperation. The company deeply apologizes for the possible impact of price adjustment on customers due to the rising costs, and sincerely thanks all partners for their long-term understanding, trust and support. In the future, the company will continue to pay close attention to the dynamics of the international and domestic market prices, strictly control the product quality of PearlParticle Release Agent and other core products, optimize the supply and after-sales service system, and make every effort to provide all customers with stable and reliable products and intimate and thoughtful cooperation experience.
If you have any procurement consulting and stock preparation needs for Pearl Particle Release Agent and other products, you are welcome to contact the company's sales team at any time, and we will provide you with the most professional and timely services!
