Market Alert: Rising Costs Of FRP Sheet
Apr 10, 2026
Market Alert: Rising FRP costs and our price stability
Due to the recent tensions involving Iran, global crude oil prices have surged. Polyester Resin is a key downstream petrochemical product and the primary raw material for FRP sheets. Consequently, its price is highly positively correlated with crude oil, leading to continuous price hikes for FRP sheets across the industry recently.
As FRP sheets manufacturer, we also anticipated these fluctuations. Thanks to our strategic raw material reserves, we are currently able to maintain our original pricing levels without immediate increases for our partners.
Are you seeing similar price volatility in your market?Are you going to reserve FRP sheets for your truck body projects?
PS:related knowledge expansion
Polyester resin is a typical downstream product of the petrochemical industry, and its price fluctuations are highly positively correlated with crude oil prices. The supply chain transmission path is as follows: Crude Oil: The most basic raw material. Naphtha: A product of crude oil refining. PX (para-xylene) & Benzene: Derived from naphtha cracking or reforming. PTA (purified terephthalic acid) & Ethylene glycol (EG) / Neopentyl glycol (NPG): PTA is produced by the oxidation of PX. Ethylene glycol and neopentyl glycol also mainly come from petroleum derivatives (some neopentyl glycol can also be prepared via the isobutyraldehyde method, but the source is still affected by energy prices). Polyester resin: Produced by polycondensation reaction of PTA, ethylene glycol, neopentyl glycol, etc.
