Citing Higher Raw Material Costs, Kapshir Raises Glass Wool Prices by 30 Percent
6 October 2026 · yesterday
Kapshir (symbol کپشیر) disclosed in a Tier A material filing on Codal dated 14 Mehr 1405 (October 6, 2026) that it has raised the sale price of its glass wool product by 30 percent, from 2,200,000 rials to 2,860,000 rials, citing higher raw material costs driven by inflation. According to the filing, glass wool accounted for about 79 percent of the company's revenue in the prior fiscal year. The price increase was authorized by the company's sales commission on 13 Mehr and took effect on 14 Mehr.
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