Price Trend Daily Report — July 24, 2026
Key takeaway: Carbon fiber has entered a price-hike cycle driven by surging acrylonitrile (AN) feedstock costs — the top item to watch this week. PTFE and technical ceramic raw materials remain weak-but-stable; PEEK and PI film prices are flat with notable structural divergence.
Price Overview
| Material | Current Price Range | WoW Change | Trend |
|---|---|---|---|
| PTFE resin (suspension, medium granule) | RMB 30,000–35,000/t (latest quote 31,800/t) | ≈0% | Stable to soft |
| PEEK resin | Domestic neat resin RMB 200,000–400,000/t; imported RMB 800,000–1,500,000/t | 0% | Stable |
| Carbon fiber | T300(12K) RMB 90/kg; T300(24/25K) RMB 80/kg; T700(12K) RMB 140/kg | +3–4% (24/25K & 48/50K tows) | Rising |
| PI film | Electronic grade RMB 600k–3M/t; standard insulation film RMB 20–50/m² | 0% | Stable (high-end tight) |
| Technical ceramic raw materials | SiC 98-grade lump RMB 5,700/t; Si3N4 powder RMB 150–350/kg | 0% | Weak but stable |
Key Movements
- Carbon fiber: large-tow grades +3–4%. T300(24/25K) and T300(48/50K) each rose RMB 3/kg this week. The core driver is persistently rising acrylonitrile prices — supply cuts in North America and the Middle East combined with resilient demand from ABS and carbon fiber in China. Jilin Chemical Fiber has announced price increases across its carbon fiber product lines. Although industry inventory remains elevated (~15,700 t), cost-push price hikes are now an established trend.
- PTFE: consolidating sideways. Latest Shandong quote for suspension medium-granule resin is RMB 31,800/t, with the 30-day range narrowing within RMB 30,000–48,000/t. Downstream offtake is moderate; environmental production curbs provide a supply-side floor. Short-term outlook: stable.
- PEEK: flat quotes, domestic substitution capping upside. Imported grades (Victrex, Solvay) hold at RMB 800–1,500/kg; domestic grades at RMB 200–400/kg. Lightweighting demand from robotics and eVTOL is growing ~8–10% per year, but capacity expansion by domestic producers offsets upward price momentum.
Impact Analysis
- Procurement costs: Carbon fiber cost pressure is likely to persist — the AN rally is hard to break near term. Composite, wind-blade and sporting-goods manufacturers should expect Q3 procurement costs to rise 3–8%. PTFE and ceramic raw materials remain buyer-friendly.
- Supply chain: High-end PI film (electronic grade, flexible display) remains heavily import-dependent (DuPont, UBE, Kaneka, SK), with highly concentrated supply. Disruption risk outweighs price risk under geopolitical or trade friction; dual sourcing is advised for critical programs.
Action Recommendations
- Lock in prices: Carbon fiber (especially T300 large-tow and T700). Leading producers have initiated hikes, and once AN inventory buffers (only 3–4 months at some producers) are depleted, a second round of increases is possible. Recommend securing Q3–Q4 long-term contracts.
- Wait and see: PTFE and technical ceramic raw materials — weak supply and demand, bottom-range consolidation. Buy as needed; no need to pre-stock.
- Watch: Domestic PEEK substitution opportunities as local prices trend down; qualification testing of domestic high-end PI film suppliers (e.g., Rayitek, Goldenmax).
Sources: Chemicalbook, Baiinfo, Oilchem, Mysteel, JLC and other public market data. Prices are mainstream market quotes; actual transactions subject to negotiation.
Leave a Reply