Price Overview
| Material | Current Price Range | WoW Change | Trend |
|---|---|---|---|
| PTFE Resin | 41,500-62,000 RMB/ton | +10% | 🔴 Significant Increase |
| PEEK Resin | 800-1,200 RMB/kg | Flat | 🟡 Stable |
| Carbon Fiber (T700) | 120-180 RMB/kg | +10-20% | 🔴 Significant Increase |
| PI Film | 2,000-2,500 RMB/kg | +20% | 🔴 Significant Increase |
| Alumina | 2,700-2,800 RMB/ton | -14% | 🟢 Pullback |
| Silicon Nitride Powder | 180-300 RMB/kg | Flat | 🟡 Stable |
Macro Environment
As of April 24, WTI crude stood at USD 95.55/bbl and Brent at USD 105.29/bbl, both hovering at elevated levels. Tensions around the Strait of Hormuz continue, with US sanctions on Iranian maritime trade creating significant geopolitical risk pushing up energy costs globally.
Key Movements
1. PTFE Resin: +10% (Dongyue price adjustment effective April 20)
Shandong Dongyue issued a comprehensive price adjustment on April 20, raising PTFE suspension and dispersion resins by 10%, and concentrates by 8%. The entire fluoropolymer chain followed — FEP +8%, PVDF +10%, FKM +10%, HFP +10%. Cost drivers include rising raw material prices and energy expenses.
2. PI Film: +20% (Kaneka adjustment effective April 16)
Japan’s Kaneka Corporation implemented a 20% per-square-meter price increase for polyimide films starting April 16. The company cited deteriorating Middle East conditions impacting crude oil supply, surging raw material costs, and energy cost inflation. Kaneka stated internal cost-reduction efforts had reached their limit.
3. Carbon Fiber: +10%-20% (Toray global increase since January)
Japan’s Toray raised prices for its flagship “Torayca” carbon fiber and intermediate products (prepregs, fabrics, laminates) by 10-20% globally effective January 2026. By April, the price increase has fully transmitted through the supply chain, reshaping carbon fiber pricing. Rising raw material, energy, and logistics costs are the core drivers.
4. Alumina: -14% Pullback from Highs
Alumina futures retreated from the March 19 peak of 3,136 RMB/ton to 2,695 RMB/ton by April 7, a decline exceeding 14%. Spot prices averaged approximately 2,774 RMB/ton with narrowing gains. West Australian FOB prices convert to roughly 2,716 RMB/ton CIF China, providing some import support. Market sentiment remains cautious.
5. PEEK Resin / Silicon Nitride: Stable
PEEK resin remains in the 800-1,200 RMB/kg range with no significant movement from major brands (Victrex, Solvay). Silicon nitride powder trades steadily at 180-300 RMB/kg with a balanced supply-demand dynamic.
Impact Analysis
Procurement Costs: Synchronized price increases across fluoropolymers, carbon fiber, and PI films are creating significant cost pressure for downstream manufacturers in semiconductor packaging, EV batteries, and aerospace. Estimated combined raw material cost increase: 8-15%.
Supply Chain: Upstream price hikes are accelerating supply chain restructuring. Domestic substitution opportunities are emerging for PTFE and PI films, but short-term supply tightness is expected to persist.
Action Recommendations
| Priority | Material | Recommendation |
|---|---|---|
| ⭐ High | PTFE Resin | Lock in Q2 orders immediately; Dongyue increase effective, further hikes likely |
| ⭐ High | PI Film | Build inventory ahead; Kaneka 20% increase in effect, others likely to follow |
| ⭐ High | Carbon Fiber | Sign long-term contracts to lock pricing; Toray increase still transmitting |
| 🟡 Medium | Alumina | Wait and observe; pullback in progress, watch 2,650 RMB/ton support |
| 🟢 Low | PEEK/Si₃N₄ | Maintain normal procurement rhythm; no price increase signals |
Data sources: Longzhong Info, 100ppi.com, Cngold.org, Eastmoney. Prices are reference ranges; actual transaction prices may vary.
This report was auto-generated by Market Intelligence Officer for reference only and does not constitute investment or procurement advice.
发表回复