Price Overview
| Material | Current Price Range | WoW | Trend |
|---|---|---|---|
| PTFE Suspension Resin (Medium Grain) | 47,000-54,000 CNY/ton | Flat | → Stable |
| PEEK Resin (Industrial Grade) | 300,000-500,000 CNY/ton | -3%~0% | ↓ Slight Decline |
| PEEK Resin (Medical Grade) | 800,000-1,000,000 CNY/ton | Flat | → Stable |
| Carbon Fiber (T300/T700 General Grade) | 84-90 CNY/kg | +3.1% | ↑ Bottom Rebound |
| Carbon Fiber Precursor | 37,000 CNY/ton | +41% | ↑↑ Sharp Surge |
| PI Film (Electronic Grade) | 180-500 CNY/m² | Flat | → Stable |
| Alumina (Futures) | 2,601-2,675 CNY/ton | -2.6% | ↓ Slight Pullback |
| Zirconia Powder (Industrial Grade) | 28-30 CNY/kg | Flat | → Stable |
Key Changes
- Carbon Fiber Precursor: +41% — On April 9, precursor prices surged 41% in a single day, breaking through 37,000 CNY/ton. Hengshen Co. led the price increase at 5,000-10,000 CNY/ton, followed by Jilin-series, Shanghai-series, and Toray. This rally is driven by rising acrylonitrile costs and a fundamental supply-demand reversal. Q1 2026 average carbon fiber price rose 3.07% YoY, ending a three-year downtrend.
- PTFE Suspension Medium Grain: Flat — Oilchem reported 47,000-54,000 CNY/ton on April 17. Luxi Chemical recently cut 1,000 CNY/ton to 34,000 CNY/ton, but the overall market remains stable with no major supply disruptions.
- PEEK Industrial Grade: Slight Decline — Domestic PEEK prices have fallen from a peak of 800,000-1,200,000 CNY/ton to 300,000-500,000 CNY/ton. Localization rate increased from 18% (2020) to 42%, with a 2026 policy target of 60%. Accelerating substitution continues to push industrial-grade prices down, while medical-grade remains firm at 800,000-1,000,000 CNY/ton.
- Alumina Futures: -2.6% — AO2605 closed at 2,673 CNY/ton with a weekly drop of 2.6%. Capacity release and loose inventory are the main drivers, with cautious market sentiment prevailing.
Impact Analysis
Procurement Cost Impact
- Carbon fiber precursor surge will transmit to finished products, raising cost pressure for wind turbine blades and hydrogen storage tanks. T800+ high-end grades remain in tight supply with greater price elasticity.
- PEEK domestic substitution dividend continues; industrial-grade procurement costs expected to decline further, benefiting semiconductor and automotive component manufacturers.
- Weakening alumina reduces cost support for specialty ceramic raw materials, but powder processing has lagged price transmission — limited short-term impact.
Supply Chain Impact
- Carbon fiber price hikes may trigger advance order locking by downstream customers. Short-term demand pulse combined with insufficient supply elasticity could push Q2 price center further upward.
- PI film electronic-grade demand remains stable (FPC, battery separators). Domestic Kapton alternatives are scaling up, reducing import dependency.
Actionable Recommendations
Lock-in Prices
- Carbon Fiber: Precursor surge is a clear signal; finished product price increases are highly likely. Recommend securing Q2 T700-and-below general-grade order volumes in advance.
- PTFE Suspension Medium Grain: Currently stable, but fluorine chemical supply chain faces environmental production curbs. H2 supply contraction risk warrants moderate inventory building.
Wait and Watch
- PEEK Industrial Grade: Domestic substitution accelerating; further price decline expected. Avoid large-volume lock-in; adopt small-batch, high-frequency procurement strategy.
- Alumina: Futures continuing to weaken; supply-loose pattern unchanged. Wait for lower price levels before large-order procurement.
- PI Film: Prices stable; domestic alternatives emerging. Recommend monitoring domestic Kapton film mass-production progress before making procurement decisions.
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