分类： Industry Insights

### Daily Price Trend Report – April 22, 2026

**Price Overview**

| Material | Current Price Range | WoW Change | Trend |
|———-|——————-|————|——-|
| PTFE Resin (Medium Granular) | 47,000-49,000 CNY/ton | -1.5% | ↓ Slight Decline |
| PTFE Dispersion Resin | 54,000 CNY/ton | Flat | → Stable |
| PEEK Resin (Domestic) | 300,000-500,000 CNY/ton | -3.2% | ↓ Substitution-Driven |
| PEEK Resin (Import/Medical Grade) | 800,000-1,000,000 CNY/ton | Flat | → High Stable |
| Carbon Fiber (T300/T700) | 84 CNY/kg | +3.1% | ↑ Bottoming Out |
| PI Film (Domestic) | 800,000-1,500,000 CNY/ton | Flat | → Stable Demand |
| PI Film (Import Kapton Grade) | >1,500,000 CNY/ton | Flat | → Firm High |
| Alumina (Ceramic Grade) | 2,774 CNY/ton | +0.8% | → Pulling Back |
| Silicon Nitride Powder (Industrial) | 420-700 CNY/kg | Flat | → Stable |

**Key Changes**

– **Carbon Fiber**: +3.1%, clear bottoming-out signal. Q1 2026 average price up 3.07% YoY, with March reference price recovering to 84 CNY/kg. Shandong Yongcheng announced a 10% price hike across all grades effective May 1. Jilin Chemical Fiber raised all specifications by 5,000 CNY/ton. Sharply rising acrylonitrile costs provide strong cost-side support. Demand from wind turbine blades, aerospace, and low-altitude economy continues to grow, with T800+ grades in tight supply.

– **PTFE Resin**: Luxi Chemical cut quote to 34,000 CNY/ton, down 1,000 CNY/ton WoW. Mainstream medium granular quotes at 47,000-49,000 CNY/ton; dispersion resin holds at 54,000 CNY/ton. Ample capacity and weak downstream demand keep prices under pressure.

– **PEEK Resin**: Domestic substitution accelerating. Localization rate rose from 18% (2020) to 42%, targeting 60% by 2026. Domestic industrial-grade PEEK dropped to 300,000-500,000 CNY/ton vs. 800,000-1,200,000 CNY/ton for imports. Global PEEK market projected to grow at 20.26% CAGR, reaching 32.6 billion CNY by 2032.

– **Alumina**: Pulling back from highs. Futures main contract fell over 14% from March peak of 3,136 CNY/ton to 2,695 CNY/ton. Spot average at 2,774 CNY/ton with narrowing gains (+0.8%), market sentiment turning cautious.

– **PI Film & Silicon Nitride Powder**: Prices remain broadly stable. PI Film supported by FPC/renewable energy demand at high levels; silicon nitride supply structure stable with no significant price fluctuations.

**Impact Analysis**

– **Procurement Costs**: Carbon fiber price hikes expected to add 5-10% cost pressure for wind energy, hydrogen storage, and 3D printing sectors. PEEK domestic substitution continues to deliver cost-reduction benefits. PTFE price declines benefit sealing and anti-corrosion pipe manufacturers.
– **Supply Chain**: Carbon fiber precursor prices rising in tandem (12K at 37,000 CNY/ton, 24K at 34,000 CNY/ton), transmitting price increase signals downstream. Monitor actual execution of May price adjustments. Alumina decline benefits ceramic substrate and refractory material cost positions.

**Action Recommendations**

– 🔒 **Lock Prices**: Carbon fiber — concentrated price increase signals with multiple May hikes pending; consider advance orders or inventory buildup. Domestic PEEK — substitution window open with prices in a declining channel; ideal timing for domestic sourcing transition.
– 👀 **Wait and See**: PTFE — oversupply unlikely to reverse short-term, further downside possible; delay bulk purchases. Alumina — futures correction ongoing; wait for price stabilization before committing.
– ✅ **Buy as Needed**: PI Film, Silicon Nitride Powder — balanced supply-demand with no sharp movement expected; maintain normal procurement cadence.

—
*Data Sources: Longzhong Info, Shengyishe, Zhuochuang Info, Sina Finance, Kaiyuan Securities Research. This report is for reference only and does not constitute investment advice.*

### Industry Exhibition Opportunities Scan – April 21, 2026

**Upcoming Exhibitions**

| Exhibition Name | Date | Location | Scale | Exhibition Value |
|—————-|——|———-|——-|——————|
| Ceramitec Munich | Mar 24-26, 2026 | Munich, Germany | 80,000㎡/900 exhibitors/150K visitors | ⭐⭐⭐⭐⭐ World’s Top Ceramics Exhibition |
| JEC World | Mar 31-Apr 2, 2026 | Paris, France | 1,400+ exhibitors/46K visitors | ⭐⭐⭐⭐⭐ World’s Largest Composites Show |
| Ceramics Expo | May 5-6, 2026 | Detroit, USA | 20,000㎡/600 exhibitors | ⭐⭐⭐⭐ North America’s Core Ceramics Platform |
| China International Plastics Exhibition | Oct 28-30, 2026 | Nanjing, China | 70,000㎡/1,000+ exhibitors/80K visitors | ⭐⭐⭐⭐⭐ Asia’s Plastics Industry Benchmark |
| China International Industry Fair (CIIF) | Oct 12-16, 2026 | Shanghai, China | 280,000㎡/3,000 exhibitors | ⭐⭐⭐⭐⭐ China’s #1 Manufacturing Exhibition |
| China Composites Expo | Sep 1-3, 2026 | Shanghai, China | Asia’s Largest Composites Exhibition | ⭐⭐⭐⭐⭐ Composites Industry Wind Vane |
| Advanced Ceramics Show | Jul 8-9, 2026 | Birmingham, UK | 25,000㎡/400 exhibitors | ⭐⭐⭐⭐ Europe’s Advanced Ceramics Specialist Show |
| SAMPE Conference & Exhibition | Apr 27-30, 2026 | Seattle, USA | Materials & Manufacturing Excellence | ⭐⭐⭐⭐ North America’s Composites Technology Frontier |
| PTC ASIA | Nov 3-6, 2026 | Shanghai, China | 110,000㎡/1,800 exhibitors | ⭐⭐⭐⭐ Power Transmission Industry Event |
| Shenzhen Thermoplastic Composites Expo | Jun 10-12, 2026 | Shenzhen, China | New Materials Special Zone | ⭐⭐⭐⭐ South China New Materials Gateway |

**Top Recommendations**

**1. JEC World 2026, France**
– **Why Recommend**: The world’s #1 composites exhibition, covering the complete industrial ecosystem from material R&D, manufacturing processes to end applications. JEC World 2026 expects to attract 1,400+ exhibitors and approximately 46,000 professional visitors from over 100 countries
– **Action Advice**: Ideal for PTFE, PEEK, carbon fiber and other high-performance material companies. Focus on connecting with customers in aerospace, automotive, and new energy sectors. Sustainable materials, advanced manufacturing, recycling and circular technologies will be key themes in 2026
– **Registration Alert**: Exhibition concluded (Mar 31-Apr 2, 2026). Recommend monitoring 2027 exhibition information

**2. Ceramitec 2026, Munich, Germany**
– **Why Recommend**: One of the world’s largest and most important ceramics industry exhibitions, held biennially. Display scope covers ceramic raw materials, production equipment, products, application technologies, and material testing
– **Action Advice**: Ideal for advanced ceramics and specialty ceramics companies to exhibit. Core platform for entering the European market. The exhibition provides direct dialogue opportunities with global ceramics industry decision-makers
– **Registration Alert**: Exhibition concluded (Mar 24-26, 2026). Next edition expected in 2028

**3. China International Industry Fair (CIIF 2026)**
– **Why Recommend**: China’s only industry exhibition with the country’s name, and the longest-running industrial exhibition since its founding in 1999. CIIF 2026 plans over 300,000 square meters of exhibition space with 9 professional exhibitions covering the New Materials Industry Show (NMIS)
– **Action Advice**: First choice for domestic exhibitions, covering smart manufacturing, green energy and other frontier fields. The New Materials Industry Show is an ideal platform for showcasing PTFE, PEEK, carbon fiber and other products
– **Registration Alert**: Scheduled for Oct 12-16, 2026. Recommend contacting organizers 3-6 months in advance to book booth space

**4. China Composites Expo 2026**
– **Why Recommend**: The largest and most influential composites professional exhibition in Asia. The 29th edition will be held Sep 1-3, 2026 at the National Exhibition and Convention Center (Shanghai)
– **Action Advice**: The wind vane of the composites industry, covering the complete industrial chain. Suitable for showcasing carbon fiber, glass fiber, resin matrix composites and other products
– **Registration Alert**: Sep 1-3, 2026. Booth space requires advance booking

**5. Ceramics Expo 2026, USA**
– **Why Recommend**: One of North America’s largest ceramics and refractory materials exhibitions, showcasing various types of ceramic products, raw materials, process technologies, equipment, and high-temperature materials
– **Action Advice**: Effective channel for entering the North American market, with high-quality visitors. Suitable for advanced ceramics and specialty ceramics companies to expand US business
– **Registration Alert**: Scheduled for May 5-6, 2026. Registration deadline approaching or may have passed

**Registration Alerts**

| Exhibition Name | Date | Registration Status |
|—————-|——|———————|
| Ceramitec 2026 | Mar 24-26, 2026 | Concluded |
| JEC World 2026 | Mar 31-Apr 2, 2026 | Concluded |
| Ceramics Expo 2026 | May 5-6, 2026 | Deadline approaching/Closed |
| SAMPE 2026 | Apr 27-30, 2026 | Deadline approaching/Closed |
| Shenzhen Thermoplastic Composites Expo | Jun 10-12, 2026 | Open |
| Advanced Ceramics Show UK | Jul 8-9, 2026 | Open |
| China Composites Expo | Sep 1-3, 2026 | Open |
| China International Plastics Exhibition | Oct 28-30, 2026 | Open |
| CIIF | Oct 12-16, 2026 | Open |
| PTC ASIA 2026 | Nov 3-6, 2026 | Open |

**Cost Estimates**

| Exhibition Type | Booth Cost Reference | Travel Budget Reference |
|—————-|———————|————————|
| Domestic Exhibitions (Shanghai/Shenzhen/Nanjing) | Standard booth: 15,000-30,000 CNY/9㎡; Raw space: 1,500-2,000 CNY/㎡ | 30,000-50,000 CNY (incl. transport, accommodation, meals) |
| European Exhibitions (Germany/France/UK) | Standard booth: 30,000-60,000 CNY/9㎡; Raw space: 3,000-5,000 CNY/㎡ | 80,000-150,000 CNY (incl. international flights, accommodation, meals) |
| US Exhibitions | Standard booth: 40,000-80,000 CNY/9㎡; Raw space: 4,000-6,000 CNY/㎡ | 100,000-180,000 CNY (incl. international flights, accommodation, meals) |

**Exhibition ROI Tips**:
– Domestic Exhibitions: Higher ROI, suitable for establishing domestic customer relationships
– European Exhibitions: High brand exposure value, suitable for expanding high-end customers and building international brand image
– US Exhibitions: High market entry barriers, but high-quality potential customers, suitable for companies with clear North American market strategy

**Data Sources**: Official exhibition websites, industry media public information
**Report Date**: April 21, 2026
**Disclaimer**: Exhibition information is subject to change. Please refer to official organizer information for final confirmation

### Price Trend Daily Report – April 21, 2026

**Price Overview**
| Material | Current Price Range | WoW Change | Trend |
|——|————-|——–|——|
| PTFE Resin | 45,000-50,000 CNY/ton | +0% | Stable |
| PEEK Resin | 500,000-1,000,000 CNY/ton | +0% | Stable |
| Carbon Fiber | 100,000-150,000 CNY/ton | +3.07% | Rising |
| PI Film | 1,000-1,500 CNY/kg | +0% | Stable |
| Zirconia Powder | 18,000 CNY/ton | +0% | Stable |
| Alumina | 2,685 CNY/ton (Import) | -1.4% | Slight Decline |

**Key Changes**

– **Carbon Fiber: +3.07%** (YoY increase in Q1)
Q1 2026 carbon fiber average price rose 3.07% compared to the same period last year. Jiangsu Hengshen announced price increases of 5,000-10,000 CNY/ton for carbon fiber, and 1-2 CNY/sqm for fabrics and prepregs. Shandong Yongcheng New Materials announced a 10% price increase across all carbon fiber specifications effective May 1. Acrylonitrile raw material prices have risen significantly, providing strong cost support. High-end T800 and above grade carbon fiber continues to be in short supply, with rapidly growing demand from wind turbine blades, aerospace, and low-altitude economy sectors.

– **Alumina: -1.4%** (Import price vs index price)
As of April 14, Western Australia FOB alumina price stands at $306/ton, equivalent to approximately 2,685 CNY/ton at domestic ports, 37.71 CNY/ton below the alumina index price. Domestic alumina futures reference price ranges from 24,000-26,000 CNY/ton.

**Impact Analysis**

**Procurement Cost Impact**
Carbon fiber price increases will directly affect material costs in downstream industries such as wind turbine blades, aerospace, and automotive lightweighting. For wind turbine blades with 15-20% carbon fiber content, a 3% price increase translates to approximately 0.5-1% higher blade costs. Downstream companies should evaluate Q2 procurement plans and consider price locking.

**Supply Chain Impact**
Carbon fiber supply remains tight, especially for high-end T800 and above grades, with supply-demand in a tight balance. Domestic substitution is accelerating, but high-end products still rely on imports. Alumina prices have weakened slightly, providing some cost support for electrolytic aluminum.

**Action Recommendations**

– **Materials to Lock Prices**: Carbon Fiber (driven by both acrylonitrile raw material price increases and demand growth, further upside potential remains in the short term)
– **Materials to Watch**: PTFE, PEEK, PI Film (prices stable, no significant volatility signals)
– **Market Developments to Monitor**: Alumina (import prices weakening, watch domestic capacity release pace)

**Data Sources**: Tencent News, Sohu Finance, East Money, Alibaba 1688, Zaojiatong and other industry platforms
**Report Date**: April 21, 2026

Keyword Heat Index

Headline: T1200 Carbon Fiber — World’s First Mass-Produced “Black Gold”

On March 11, 2026, Zhongfu Shenying (a subsidiary of China National Building Material Group) officially announced the SYT80 (T1200-grade) ultra-high-strength carbon fiber, achieving 100-ton-scale mass production. Key milestones:

• Performance: Tensile strength exceeding 8,000 MPa (lab: 8,056 MPa; engineering: 7,718 MPa) — 10x stronger than ordinary steel at only 1/4 the density
• Generation Leap: 14%+ strength improvement over T1100-grade, enabling equipment weight reduction of 10%+
• Supply Chain Impact: Full-chain autonomous control from precursor preparation to carbonization processes to core equipment, filling the global gap in T1200-scale production
• Application Roadmap: C919 structural components, EV body weight reduction (30-40%), hydrogen storage, low-altitude economy, humanoid robotics

Sourcing Insight: T1200 products have begun market promotion, but high-end certification cycles are lengthy (aerospace: typically 12-24 months). Limited revenue contribution expected in 2026. Long-term sourcing strategy should prioritize establishing certification pipelines with tier-1 suppliers like Zhongfu Shenying.

PEEK Market: Domestic Substitution from “Functional” to “Excellent”

Three defining characteristics of the 2026 PEEK landscape:

1. Supplier Diversification: Chinese PEEK suppliers expanded from 2-3 to 10+, with chemical giants like Sinochem and Kingfa entering the market
2. Application Depth: Shift from individual components to system-level integration; demand upgraded from “buying raw materials” to “integrated solutions”
3. Decision Framework Evolution: Procurement evaluation shifted from price-centric to comprehensive assessment of technical expertise, quality systems, customization capability, and long-term service stability

Capital Market Highlights

Strategic Sourcing Recommendations

1. Carbon Fiber: T800+ high-end small tow and aerospace-grade carbon fiber is the strategic direction. Monitor Zhongfu Shenying and Guangwei Composites for military-certified supply. Large-tow low-cost routes suit civil construction reinforcement.
2. PEEK Selection: Evaluate suppliers on customization/modification capabilities and integrated solution offerings from material selection through component manufacturing.
3. Aerogel: Building insulation and EV battery pack thermal management are two high-growth tracks. Monitor new product launches at the June Shenzhen Expo.
4. PTFE Modification: Thermal conductivity modification (graphite/copper powder filling) is a technology hotspot — conductivity can increase from 0.23 to 4.02 W/(m·K).

Data sources: East Money, Sohu Finance, Toutiao, Sina Finance, Flush, CSDN, and other public information. This report is for reference only and does not constitute investment advice.

Published: April 21, 2026 | Market Intelligence Officer Daily Update

2026-04-20 Advanced Materials Price Trend Daily Report

Price Overview

Key Price Movements

• Carbon Fiber: +3.07% (QoQ YoY) — Acrylonitrile feedstock prices surged sharply, Q1 average price rose 3.07% vs 2025 same period, cost side provides strong support; demand from wind turbine blades, aerospace, high-pressure hydrogen storage, and low-altitude economy growing rapidly; T800+ grades remain in persistent tight supply-demand balance.
• Crude Oil: +4–8% (Today Alert) — WTI opened +7% at $88.6/bbl, Brent peaked at $96.94/bbl (+7.3%); Middle East geopolitical risk premium surging significantly. Current: WTI ~$86.64, Brent ~$94.81. ⚠️ Largest variable today — will transmit downstream to fluoropolymers and olefin chains within weeks.

Impact Analysis

Impact on Procurement Costs:

• Carbon fiber cost pressure continues to build; acrylonitrile high prices will persist — recommend hedging/locking in now.
• Oil price spike has not yet transmitted to PTFE chain; short-term stability window ~1–2 weeks — monitor closely.
• PEEK domestic substitution suppressing prices; high-end profiles still trending upward.

Impact on Supply Chain:

• Oil rally will push fluorochemical feedstock costs higher; PTFE price pressure expected in May.
• Carbon fiber T800+ tight balance persists; supply chain resilience under pressure.

Action Recommendations

• ✅ Lock prices now: Carbon fiber (T800+ grades) — acrylonitrile high will sustain upward pressure.
• ✅ Lock prices now: High-end PI film (0.05mm heat-resistant grade) — high supply concentration.
• ⏳ Monitor: PTFE suspended medium-grade resin — stable for 2 weeks, wait for oil transmission to clarify.
• ⏳ Monitor: Specialty ceramic raw materials — ample supply, no significant price signals.

📊 Data sources: Longzhong, Chuangel, 100ppi, Zjtcn, Alibaba｜Report time: 2026-04-20 12:00 CST

## New Materials Price Trend Daily Report – April 19, 2026

**Price Overview**

| Material | Current Price Range | Weekly Change | Trend |
|———-|———————|—————|——-|
| PTFE Resin | $6,500-6,800/MT | 0% | Stable |
| PEEK Resin (Domestic) | $70-100/kg | +1% | Slight Rise |
| Carbon Fiber (3K) | $30/kg | +3.07% | Upward |
| PI Film | $1.1-1.4/sqm | -2% | Slight Decline |
| Special Ceramic Materials | Negotiable | 0% | Stable |

**Key Price Movements**

– **Carbon Fiber: +3.07%** — Q1 2026 average price increased compared to same period last year. Acrylonitrile prices surged, providing strong cost support. Demand growth in wind turbine blades, aerospace, high-pressure hydrogen storage, and low-altitude economy sectors remains robust. High-end T800+ grades continue in tight supply.
– **PI Film: -2%** — Some specifications seeing demand slowdown in electronics sector. Weak consumer electronics end-market leading to reduced purchasing volumes.
– **PEEK Resin: +1%** — Stable demand from medical devices and aerospace sectors. Import material prices rising slightly driving domestic price increases.

**Impact Analysis**

– **Procurement Cost Impact**: Carbon fiber cost pressure continues to increase. Recommend locking prices for long-term projects in wind turbine blades and hydrogen storage. PTFE and special ceramic costs remain stable; normal procurement rhythm can be maintained.
– **Supply Chain Impact**: High-end carbon fiber grades (T800+) supply tightness continues; procurement lead time needs to be extended. PEEK resin supply is relatively adequate, but high-end medical-grade products require attention to supplier inventory levels.

**Recommendations**

– **Recommended to Lock Prices**: Carbon fiber (especially T700 and above grades). Expect continued upward pressure in Q2; recommend Q2 stocking.
– **Recommended to Monitor**: PI film. Recent price slight decline with weak end-demand; can wait for better buying opportunities. Crude oil prices volatile; monitor transmission to fluorochemical supply chain.
– **Maintain Normal Procurement**: PTFE resin, special ceramic materials. No significant price volatility risk in short term.

**Market Background**

International crude oil prices showed significant volatility this week (WTI: $83.85-93.38/bbl, Brent: $90.38-98.17/bbl), with notable decline on April 17-18. Acrylonitrile prices remain elevated, supporting carbon fiber costs. Global trade environment uncertainty increasing. New energy and low-altitude economy emerging sectors maintain strong demand.

Keyword Heat Overview

In-Depth Analysis

1. Carbon Fiber – Industry-Wide Price Surge

• Price Dynamics: Q1 2026 avg price up 3.07% YoY; Hengshen raises CNY 5,000-10,000/ton on fiber, CNY 1-2/sqm on fabric/prepreg; Shandong Yongcheng announces 10% hike effective May 1
• Cost Drivers: Acrylonitrile prices surged since March 2026; raw material, energy, and logistics costs climbing across the board
• Supply-Demand: Low-end rationalization, high-end shortage pattern; operating rates back above 80%; Zhongfu Shenying launches T1200-grade mass production, M-series and T1000+ remain in tight supply
• Market Signals: Wind energy demand exploding (Zhongfu Shenying wind sales up 140% YoY in 2025); Jilin Chemical Fiber becomes worlds largest by capacity
• Procurement Advice: Lock in long-term contracts for essential needs; monitor domestic T800-T1100 capacity ramp-up timelines

2. PEEK – Domestic Substitution Enters Acceleration Phase

• Market Size: Global PEEK market reached USD 1.56B in 2025, CAGR 7.8% to 2030; China market exceeded CNY 4B with consumption up 12%+ YoY
• Competitive Landscape: Tier 1: Victrex, Solvay dominate high-end; Tier 2: Changchun JUSEP and other Chinese players rapidly closing the gap, matching international standards in select applications
• Demand Drivers: Aerospace lightweighting, EV drive systems, high-end medical implants, semiconductor manufacturing equipment
• Procurement Advice: Evaluate Tier 2 domestic suppliers for cost-performance advantage; prioritize companies with proprietary resin synthesis capabilities

3. PTFE/Fluoropolymers – Stable with Expo Catalyst

• Price: PTFE mid-granule at CNY 47,000/ton; market largely stable
• Events: 2026 Shanghai International Fluoroplastics Industry Expo (Dec 9-11)预热; CHINAPLAS 2026 (Apr 21-24) opening this week
• Demand: Semiconductor, EV, and renewable energy sectors continue to drive fluoropolymer consumption
• Procurement Advice: Monitor supplier quotes during expo season; semiconductor-grade PTFE demand rising notably

4. Advanced Ceramics – Defense Application Breakthrough

• Technology: Zhihe New Materials showcases 2,000°C inorganic polymer and high-performance armor plate at Chengdu Defense Expo; achieving domestic substitution for critical materials
• Event Catalyst: 2nd Chengdu Defense Science & Technology Expo (opened Apr 16) highlighting advanced ceramics in defense applications
• Procurement Advice: Focus on high-temperature structural ceramics and armor material suppliers; defense substitution demand is robust

5. Aerogel – Silicon-Based Materials Ecosystem Synergy

• Events: 2026 Asia Silicon Technology Conference (Apr 13-15, Suzhou) co-located aerogel with silicone, thermal management materials
• Demand: EV battery insulation, building energy efficiency, industrial piping thermal protection – three key scenarios driving growth
• Procurement Advice: Customized aerogel solutions expanding; compare options by application scenario for best value

This Weeks Industry Calendar

• Apr 19 (Today): Chengdu Defense Science & Technology Expo ongoing
• Apr 21-24: CHINAPLAS 2026 International Rubber & Plastics Fair (Shanghai)
• May 1: Shandong Yongcheng carbon fiber price increase takes effect
• Dec 9-11: Shanghai International Fluoroplastics Industry Expo

Procurement Decision Highlights

1. Carbon fiber price uptrend is irreversible short-term; secure pricing for essential volumes now
2. PEEK domestic substitution window is open – evaluate Tier 2 Chinese suppliers for cost-performance
3. CHINAPLAS 2026 is the quarters most critical rubber/plastics intelligence node – monitor closely
4. Advanced ceramics defense applications entering volume phase – track domestic substitution targets

Sources: Longzhong Info, East Money, Sohu Finance, Hbsztv, Jisdom | Report generated by Market Intelligence AI

## 2026-04-18 Advanced Materials Price Trend Daily Report

### Price Overview

| Material | Current Price Range | WoW Change | Trend |
|———-|——————-|————|——-|
| PTFE Resin | 50,000-54,000 RMB/ton | Flat | 🟢 Stable |
| PEEK Resin (Domestic) | 500-700 RMB/kg | Flat | 🟢 Stable |
| PEEK Resin (Imported) | 800-1,000 RMB/kg | Flat | 🟢 Stable |
| Carbon Fiber (T700) | 70,000-85,000 RMB/ton | +5,000 RMB/ton | 🔴 Rising |
| PI Film (6051) | 180-350 RMB/kg | Flat | 🟢 Stable |
| Alumina (Ceramic-grade) | 2,678-2,774 RMB/ton | -14% vs March peak | 🟡 Declining |

### Macro Environment

**Crude Oil**: As of April 15, Brent crude at $94.93/bbl, WTI at $91.29/bbl. Month-over-month: Brent -5.27%, WTI -2.36%. Year-to-date: Brent +56.26%, WTI +59.26%. Middle East geopolitical risks (Strait of Hormuz blockade concerns) remain the primary uncertainty. Oil maintains a high-volatility consolidation pattern. Major agencies have significantly lowered 2026 global crude inventory forecasts, suggesting tight supply will persist.

### Key Movements

**Carbon Fiber: +~5,000 RMB/ton (+6-7%)**
Jilin Chemical Fiber announced a uniform 5,000 RMB/ton increase across all carbon fiber specifications in early April, driven by Middle East tensions and rising energy costs. On the demand side, China’s 2026 carbon fiber demand has grown 20%+ YoY, with new energy vehicles, aerospace, and high-end equipment sectors driving sustained strength. Bidirectional supply-demand pressure pushing prices higher.

**Alumina: -14% (from March 19 peak of 3,136 RMB/ton to ~2,695 RMB/ton)**
After a March rally, alumina has pulled back notably. As of April 17, Western Australia FOB alumina at $306/ton, equivalent to ~2,678 RMB/ton at Chinese ports — already below the domestic index price. Increased domestic supply and favorable import pricing are cooling market sentiment.

**DIC Epoxy Resin Price Increase (Correlation Signal)**
Global specialty chemicals leader DIC announced effective April 15 price increases for epoxy resins and curing agents, with maximum increase of 280 JPY/kg (~19 RMB/kg), citing geopolitical risks and cost pressures. While not directly related materials, this signals upstream chemical cost pressures are being transmitted downstream.

### Impact Analysis

**Procurement Cost Impact**:
– Carbon fiber price increases raise composite material product costs, affecting wind turbine blades, automotive lightweight components
– Sustained high crude prices provide cost support for PTFE and fluorine chemicals; while currently stable, downside room is limited
– Alumina decline benefits ceramic matrix composites and specialty ceramic products cost reduction

**Supply Chain Impact**:
– Carbon fiber supply tightening; some mid-to-low-end specifications may face extended lead times
– PEEK domestic substitution accelerating; domestic brands gaining price competitiveness
– PI film domestic substitution progressing, but high-end electronic-grade products still import-dependent

### Action Recommendations

| Recommendation | Material | Rationale |
|—————|———-|———–|
| 🔒 Lock in Price | Carbon Fiber | Clear uptrend, energy costs providing high-level support |
| 🔒 Lock in Price | PEEK (Imported) | DIC price increase signal indicates upstream cost transmission |
| 👀 Watch & Wait | Alumina | Declining trend not yet bottomed; wait for stabilization before restocking |
| 👀 Watch & Wait | PTFE | Currently stable with no clear direction; maintain normal procurement cadence |

> ⚠️ **Risk Alert**: Middle East geopolitical developments could trigger sharp crude oil volatility, impacting the entire chemical product chain. Monitor Strait of Hormuz passage status and US-Iran negotiation progress closely.