Recently, due to fluctuations in the international crude oil market and changes in the supply of additive raw materials, the prices of base oil and additives required for transformer oil production have fluctuated significantly, leading to a significant increase in the production cost of transformer oil and putting enormous pressure on many production enterprises.

The base oil of transformer oil mainly comes from petroleum fractionation products, and the frequent fluctuations in international crude oil prices directly affect the cost of base oil. Meanwhile, as a key component in improving the performance of transformer oil, the unstable supply of raw materials for additives also leads to price fluctuations. For example, additives used to improve the oxidation stability of transformer oil have seen a significant increase in price in a short period of time due to the tight supply of raw materials.

Faced with cost pressures, some companies have begun to consider adjusting product prices. However, the uncertainty of prices has had a certain impact on the market supply and demand relationship. Downstream users have become more cautious when making purchases, with longer procurement cycles and a strong wait-and-see attitude. This market wait-and-see attitude, in turn, puts pressure on the sales and cash flow of enterprises.

Industry experts predict that raw material prices will remain unstable in the short term. Enterprises need to strengthen cost control and supply chain management, and reduce the impact of raw material price fluctuations by optimizing procurement strategies and establishing long-term stable cooperative relationships with suppliers. At the same time, enterprises should increase their investment in technology research and development, improve production efficiency, and seek alternative raw materials to enhance their competitiveness in the price fluctuation market environment.