SEKEYTE Keeps Prices Stable with Strong Inventory

Crude oil prices have retreated significantly since mid‑June, with Brent crude falling to around $72/bbl and WTI below $68/bbl as of early July, driven by OPEC+ production hikes and easing geopolitical tensions. While this provides some cost relief for the baling industry, raw material markets remain sensitive, and supply chain disruptions are still a concern.

Against this backdrop, SEKEYTE assures farmers that its baler twine and net wrap prices remain stable and inventories are more than sufficient for the upcoming harvest season. The company secured strategic raw material stockpiles earlier this year, allowing it to maintain full production capacity of over 20,000 tonnes annually.

“Even with oil prices coming down, we are committed to shielding our customers from any residual volatility,” said a SEKEYTE spokesperson. “Our early procurement and efficient logistics mean we can deliver on time, at consistent quality, and without unexpected price hikes.”

As one long‑time partner put it: “From the first bale to the last, SEKEYTE gives us reliability and peace of mind—no matter what the market does.”