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Dear Valued Customer,

Greetings!

Thank you for your continued trust and partnership with Tai Hing. As a dedicated monofilament manufacturer with 41 years of industry experience, we remain fully committed to delivering reliable quality and ensuring stable supply for your operations.

The chemical raw material market is currently experiencing a new wave of supply tightness. Alongside rising crude oil costs, shortages in core raw materials are driving up market prices in the short term. Earlier, major suppliers of PA66, PA6, PBT, and PET scaled back production and conducted scheduled maintenance due to weak demand, leaving inventory levels low. As downstream demand recovers, spot availability has tightened significantly. Suppliers are actively curtailing capacity to support pricing, further compounding supply strains.

In addition, lead times from major manufacturers have extended considerably—orders for Huafeng PA66, Changchun PBT, Kanghui PBT, and Sanfagxiang PET are now booked through early October, making spot material exceptionally difficult to source.

To help you plan production effectively and mitigate the risks of material shortages and cost increases, we would like to share the following market update:

1. Market Trends: Raw material prices across all categories have surged by up to 5% compared to late last month. Upstream suppliers advise that current quotes are valid for the day only, with strong upward momentum expected to continue.

2. Pricing and Inventory: Our remaining stock of lower-cost inventory is limited. Existing prices can only be guaranteed through the 15th of this month. Any volume exceeding our current stock will need to be re-quoted based on prevailing market rates at the time of purchase. Due to extended upstream lead times, delivery schedules for certain materials will also be adjusted accordingly.

3. Priority Allocation Plan: To protect your operations from potential supply disruptions and rising costs, we invite you to lock in orders early. For firm orders backed by an advance payment, we will leverage our supply chain network to secure price locks and material allocations on your behalf.

4. Market Updates and Quotes: Price fluctuations and spot availability vary across material types. For real-time market updates, lead time evaluations, or procurement recommendations, please reach out directly to your dedicated sales representative.

The supply chain is currently in a critical window, and raw material availability remains extremely tight. If you have upcoming material requirements, we strongly encourage you to confirm your plans with our sales team as soon as possible.

Tai Hing Nylon remains steadfast in upholding the highest product standards and working closely with you to navigate these market challenges.

Sincerely,

Tai Hing Nylon Filament Products Co., Ltd.

Guangdong Yongrui Industry Co., Ltd.

September 2026