Tag: 半导体

# 2026-06-24 Price Trend Daily Report

**Report Date:** June 24, 2026
**Monitored Materials:** PTFE Resin, PEEK Resin, Carbon Fiber, PI Film, Specialty Ceramic Raw Materials

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## 1. Price Overview Table

| Material | Current Price Range (CNY/ton) | Weekly Change | Trend | Remarks |
|———-|——————————-|—————|——-|———|
| PTFE Suspension Resin | 50,000 – 62,000 | +1~2% | ↑ Slightly Up | Driven by electronic-grade demand |
| PTFE Dispersion Resin | 54,000 | Flat | → Stable | Low inventory |
| PEEK Resin | 285,000 – 680,000 | +3~5% | ↑ Rising | Strong demand in high-end applications |
| Carbon Fiber (T300) | 80,000 – 100,000 | -5~8% | ↓ Declining | Overcapacity, oversupply |
| Carbon Fiber (T700) | 150,000 – 250,000 | -3~5% | ↓ Slightly Declining | Accelerated localization |
| PI Film (Standard) | 180,000 – 280,000 | +2~3% | ↑ Rising | Driven by new energy demand |
| PI Film (Electronic Grade) | 350,000 – 600,000 | +5~8% | ↑ Significantly Rising | Semiconductor packaging demand |
| Oxygen Zirconium Chloride | ~35,000 – 45,000 | +8~10% | ↑ Significantly Rising | Price increased by 1,500 CNY/ton on June 18 |
| Zirconium Dioxide | ~80,000 – 120,000 | +10~12% | ↑ Significantly Rising | Price increased by 4,500 CNY/ton on June 18 |
| Fused Zirconia | ~60,000 – 90,000 | +5~8% | ↑ Rising | Price increased by 2,000 CNY/ton on June 18 |
| Aluminum Oxide | 2,725 | +0.4% | → Stable | Price stable |

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## 2. Key Price Movement Analysis

### 🔴 Significant Price Increases

**1. Zirconium Series (Oxygen Zirconium Chloride, Zirconium Dioxide, Fused Zirconia)**
– **Price Increase:** Cumulative increase of ~30% year-to-date; Dongfang Zirconium Industry announced its second price increase of the year on June 18
– **Analysis:**
– Tight supply of upstream zircon sand; global zirconium mines concentrated in few locations in Australia and South Africa, with declining ore grades
– Zircon sand spot prices up nearly 25% year-to-date, costs passing through to downstream
– Demand side: Growth in new energy and electronics sectors; AI servers and 800V high-voltage automotive electronics driving MLCC capacitor production expansion
– Semiconductor precision packaging ceramic components continuously expanding high-end powder applications
– **Outlook:** Short-term supply-demand gap difficult to quickly resolve; prices likely to remain elevated

**2. PI Film (Electronic Grade)**
– **Price Increase:** Weekly +5~8%
– **Analysis:**
– Ruihuatai’s semiconductor-grade PI film has passed evaluation by Korean semiconductor companies, with small-batch supply underway
– New energy power batteries creating new demand; high-flexibility PI heating films gaining market share with process advantages
– AI servers and high-end electronic packaging demand continuing to grow

### 🟡 Stable to Slightly Rising

**3. PTFE Resin**
– **Price Increase:** Weekly +1~2%
– **Analysis:**
– CITIC Construction Securities research report: Rapid growth in high-frequency and high-speed demand such as computing power; electronic-grade PTFE expected to see large-scale application
– Three major downstream demand drivers (military + server high-speed cables + high-speed boards) all expected to grow significantly
– With NVIDIA’s new-generation server Rubin Ultra production approaching, the industry is actively discussing using PTFE materials as orthogonal backplanes

**4. PEEK Resin**
– **Price Increase:** Weekly +3~5%
– **Analysis:**
– Growing demand in high-end applications such as humanoid robots, new energy vehicles, and aerospace
– Institutions predict domestic PEEK demand will exceed 16.7 billion CNY in 2027
– Domestic PEEK material concept stocks up 11.32% on average year-to-date; Far East shares up 214.04%

### 🟢 Declining Prices

**5. Carbon Fiber (All Series)**
– **Price Decline:** T300 weekly -5~8%, T700 weekly -3~5%
– **Analysis:**
– Significant capacity expansion: Domestic carbon fiber total capacity ~120,000 tons in 2023, increased to 162,000 tons in 2025, expected to exceed 181,000 tons in 2026
– Toray considering reducing or withdrawing from general-grade carbon fiber business, intensifying price competition
– Toray T300 carbon fiber prices dropped from 8,000 CNY/kg to less than 100 CNY/kg (historical reference)
– Domestic companies achieving technological breakthroughs: Shanghai Petrochemical mastering T1000-grade high-performance carbon fiber key technology, achieving mass production

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## 3. Impact Factor Analysis

### 1. Crude Oil Price Impact
– **Current Prices:** WTI ~74-77 USD/barrel, Brent ~77-81 USD/barrel
– **Recent Trend:** Mid-June oil prices fell significantly; WTI dropped from 84.88 USD/barrel to 74.03 USD/barrel, Brent from 87.33 USD/barrel to 77.66 USD/barrel
– **Impact on New Materials:** Oil price decline provides some cost relief for PTFE and other fluororesins, but demand pull from electronic-grade products is stronger, keeping prices relatively stable

### 2. Supply-Side Factors
– **Zircon Sand Supply Tightness:** Global zirconium resources concentrated, declining ore grades, long new capacity investment cycles
– **Carbon Fiber Capacity Release:** Domestic carbon fiber capacity continuously expanding, oversupply situation intensifying
– **PTFE Low Inventory:** Plants operating at moderate rates, low inventory providing price support

### 3. Demand-Side Factors
– **AI Computing Infrastructure:** Driving demand for high-frequency and high-speed materials like PTFE and PI film
– **New Energy Vehicles:** Driving demand for lightweight materials like carbon fiber, PI film, and PEEK
– **Semiconductor Packaging:** Driving demand for high-end materials like electronic-grade PI film and high-purity zirconium dioxide
– **Humanoid Robots:** Becoming an important new growth driver for PEEK materials

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## 4. Impact on Procurement Costs

| Material Category | Procurement Cost Impact | Recommendation |
|——————-|————————|—————-|
| Zirconium Series | Significantly Rising (+30% YTD) | Urgently lock in long-term contracts, establish dual-supplier system |
| PI Film (Electronic Grade) | Rising (+5~8% weekly) | Stock in advance, lock in quarterly framework agreements |
| PTFE Resin | Slightly Rising (+1~2%) | Moderately stock up, monitor electronic-grade demand changes |
| PEEK Resin | Rising (+3~5%) | Batch procurement, monitor humanoid robot market demand |
| Carbon Fiber | Declining (-5~8%) | Delay procurement, wait for further price declines |
| Aluminum Oxide | Basically Flat | Procure as needed |

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## 5. Impact on Supply Chain

1. **Zirconium Industry Chain:** Domestic companies with complete industry chain layout and mastery of high-end powder mass production processes become core beneficiaries; industry structure facing restructuring opportunities. Downstream customers, considering supply chain security, are beginning to establish dual-supplier systems, accelerating domestic substitution.

2. **Carbon Fiber Industry Chain:** Oversupply leading to intensified price competition; small and medium enterprises facing elimination pressure; industry concentration expected to increase. Domestic companies’ technological breakthroughs (T1000-grade, T1200-grade) will gradually replace imports.

3. **PTFE Industry Chain:** Electronic-grade PTFE demand growing rapidly; traditional application fields stable; industry chain overall healthy.

4. **PI Film Industry Chain:** High-end electronic-grade products in short supply; companies with technological strength expected to gain higher market share.

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## 6. Action Recommendations

### 🔒 Materials for Which to Immediately Lock Prices

1. **Oxygen Zirconium Chloride / Zirconium Dioxide / Fused Zirconia**
– **Reason:** Up ~30% year-to-date; short-term supply-demand gap difficult to quickly resolve; prices likely to remain elevated
– **Action:**
– Immediately sign 3-6 month long-term contracts with suppliers
– Establish dual-supplier system to reduce dependency on single supplier
– Monitor developments of leading companies like Dongfang Zirconium Industry and Sanhuan Group

2. **Electronic-Grade PI Film**
– **Reason:** AI servers and semiconductor packaging demand exploding; supply cannot meet demand
– **Action:**
– Stock in advance, lock in quarterly framework agreements
– Monitor capacity release of domestic leading companies like Ruihuatai and Dongying Xinbang

### 📊 Materials for Which to Moderately Stock Up

3. **PTFE Resin (Electronic Grade)**
– **Reason:** Computing infrastructure driving demand; prices stable to slightly rising
– **Action:** Moderately increase inventory (1-2 months usage); monitor NVIDIA new-generation server production progress

4. **PEEK Resin**
– **Reason:** Humanoid robots and new energy vehicle demand growing, but prices already at high levels
– **Action:** Batch procurement; avoid hoarding at high prices

### ⏳ Materials for Which to Wait and Delay Procurement

5. **Carbon Fiber (All Series)**
– **Reason:** Capacity continuously releasing; price decline trend clear
– **Action:**
– Delay large procurement; wait for further price declines
– Monitor Jilin Chemical Fiber’s 400,000-ton carbon fiber project progress (2026 production)
– Prioritize domestic T700 and T800-grade products for better cost-performance

### 📝 Indicators to Continuously Monitor

1. **Crude Oil Prices:** Impact fluororesin costs; current WTI 74-77 USD/barrel, Brent 77-81 USD/barrel
2. **Zircon Sand Prices:** Impact zirconium costs; up nearly 25% year-to-date
3. **AI Computing Infrastructure Investment:** Impact PTFE and PI film demand
4. **Humanoid Robot Industrialization Progress:** Impact PEEK demand
5. **Carbon Fiber Capacity Release Progress:** Jilin Chemical Fiber 400,000-ton project, Shanghai Petrochemical T1000-grade mass production progress

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## 7. Data Sources and Disclaimer

**Data Sources:**
– Longzhong Information (oilchem.net)
– Business News (100ppi.com)
– Eastmoney.com
– CNGold (cngold.org)
– Tencent News, Cailian Press and other financial media

**Data Collection Period:** June 18, 2026 – June 24, 2026

**Disclaimer:** This report is for reference only and does not constitute procurement or investment decision advice. Market price fluctuations are affected by various factors; please make decisions cautiously based on actual circumstances.

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**Report Prepared by:** Market Intelligence Officer
**Release Time:** June 24, 2026 01:30 (Asia/Shanghai)