DUAL CONTROL OF ENERGY CONSUMPTION

Dear Clients and Partners,

Due to the recent “dual control of energy consumption” policy of Chinese government, power rationing and forced cuts have expanded to more than 10 provinces.

The upstream chemical factories’ production capacity are affected sharply, as chemical manufacturing belongs to energy-intensive industry, which should be severely restricted.

Current condition will lead to most kinds of raw materials’ tight supply and a sustained increase in prices. Meanwhile, delivery dates will be some longer than usual.

To mitigate the impact of these restrictions, we recommend you that

1.Make order plans in advance according to your stock and market status.

2.Verify prices when you have an order plan.

Chemical costs update every 1-2hours in China, so all clients’ order prices are negotiated case by case and valid for “Today” only.

If you have any questions, please contact us and we will respond to you as soon as possible.

We appreciate your consistent support and understanding!