2026-07-25 New Materials Price Trend Daily Report
Price Overview
| Material | Current Price Range | Weekly Change | Trend |
|---|---|---|---|
| PTFE Resin | RMB 31,000–55,000/ton (suspension medium ~31,800; dispersion ~52,000) | -2% to -3% | Declining |
| PEEK Resin | Domestic RMB 400,000–500,000/ton; imported RMB 800,000–1,000,000/ton | +1% | Firming up |
| Carbon Fiber | T300 12K ~RMB 80–95/kg; T700 12K ~RMB 110–120/kg | Flat to firm | Bottoming out, rebounding |
| PI Film | Electronic-grade >RMB 1,000,000/ton; overall RMB 600,000–3,000,000/ton | Flat | Holding high |
| Special Ceramic Raw Materials | Nano alumina ~RMB 150/kg; nano silicon nitride RMB 1,000–2,000/kg | Flat | Stable |
Key Movements
- PTFE Resin: -2% to -3%. The pattern of strong supply and weak demand persists. Continued release of new capacity has led to oversupply, while downstream buyers purchase only on demand amid sluggish trading. Shandong suspension medium-grain quotes have fallen to RMB 31,800/ton, and Luxi Chemical once cut prices to RMB 34,000/ton in May. Although high raw-material costs (fluorite, anhydrous hydrofluoric acid) provide support, they cannot offset weak demand, keeping the market soft.
- Carbon Fiber: Bottoming out and rebounding. This is the most notable signal of the period. After industry-wide losses in 2024 (average gross margin around -20%), Toray raised prices for its TORAYCA-brand carbon fiber and intermediate products by 10%–20% effective January 2026; domestic leader Jilin Chemical Fiber simultaneously raised wet-process 12K and 3K carbon fiber by RMB 5,000–10,000/ton. High-end grades of T700 and above remain in short supply, confirming a bottoming recovery trend.
Impact Analysis
- Crude oil / raw material prices: Costs of carbon fiber precursor (acrylonitrile) and PTFE feedstock (fluorite, hydrofluoric acid) remain high, providing a price floor; rising energy and logistics costs were the core reason for Toray’s price hike.
- Supply tightness: High-end carbon fiber grades and electronic-grade PI film still rely on imports, with highly concentrated supply (PI film dominated by DuPont, Ube, Kaneka, SK), a structural reason for firm prices.
- Demand growth: Robotics, low-altitude economy (flying cars), 5G communications, flexible electronics, and new energy continue to drive high-end demand for PEEK, PI film, and carbon fiber; meanwhile, traditional downstream demand for PTFE has yet to recover.
Impact on Procurement Cost and Supply Chain
- Carbon fiber procurement costs are entering an upward channel; full-year budgets should be revised upward, and delivery lead times for high-end grades risk lengthening.
- PTFE procurement costs are declining in the short term, offering a cost-reduction window for downstream users.
- PEEK and PI film prices remain rigidly high with concentrated supply chains; guard against single-supplier disruption risk.
Action Recommendations
- Recommend locking in prices: Carbon fiber (especially high-end T700 and above grades) — upward trend; lock in volume and price in advance and develop a second supply source.
- Recommend wait-and-see / staggered purchasing: PTFE resin — oversupplied and soft; defer purchases and restock in small batches on demand, waiting for lower points.
- Recommend maintaining long-term contracts: PEEK and PI film — rigidly high prices and concentrated supply; maintain long-term agreements to secure supply, and closely track domestic substitution progress for cost savings.
- Maintain stable procurement: Special ceramic raw materials — stable prices; continue purchasing at the current pace.
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