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In today’s rapidly changing global economy, staying informed about market trends is crucial for business success. Tai Hing is committed to providing professional market insights to assist clients in making timely procurement decisions. Below is a summary of recent fluctuations in raw material prices, which we hope will aid in your business development. All prices listed are ex-factory and exclude taxes.

PA6 (Nylon 6)

Price Change: PA6 has decreased from 12,600 CNY in February to 10,800 CNY by early May, reflecting a decline of approximately 12.5%.

Future Trend: While the rate of decrease has slowed, prices are expected to remain low in the short term. If upstream raw material prices stabilize or decrease further, and downstream demand doesn’t improve significantly, PA6 may continue to fluctuate at these lower levels. We recommend closely monitoring market supply and demand, raw material prices, and policy adjustments to mitigate risks.

PA66 (Nylon 66)

Price Change: PA66 remained stable until March 12, after which it began to decline, with an overall drop of about 7.15%.

Future Trend: The downward trend has been significant since late March. In the absence of major positive developments, prices are likely to continue to decrease or stabilize at low levels. We advise clients to stay updated on market dynamics and adjust procurement strategies flexibly based on actual demand.

PBT

Price Change: PBT has shown a clear downward trend, with a decline of approximately 8.33%.

Future Trend: Since February, PBT prices have consistently fallen without significant rebounds. In the short term, prices may continue to weaken. If demand does not show signs of recovery, prices could further drop to around 7,500 CNY/ton. We recommend a cautious approach and continuous monitoring of market trends.

PET

Price Change: PET prices have experienced volatility, initially dropping sharply and then recovering by 4% in the last month. However, over the past three months, prices have declined by approximately 7%.

Future Trend: Following a low point on April 8, prices have started to rise. If no negative factors impact the market, this upward trend may continue. Long-term monitoring of demand and production costs is essential, as current price levels may fluctuate without significant changes in these factors.

PP

Price Change: PP prices have undergone notable fluctuations, with a cumulative decline of about 1.06%.

Future Trend: After experiencing significant volatility, PP prices are stabilizing post-decline. Without improvements in supply-demand dynamics, prices may remain low or further decrease. Future trends will depend on multiple factors, including supply-demand relationships, macroeconomic conditions, and policy changes.

Tai Hing is dedicated to providing reliable information to support your procurement needs. We will continue to share transparent and accurate market updates to help you plan your purchases effectively and achieve cost efficiencies.

We adhere to the principle of "Customer First, Creating Value Together" and aim to establish long-term, trust-based partnerships with our clients. For further market data or professional advice, please feel free to contact us. Let’s work together for mutual success!

This information is for reference only, sourced from “Shengyi.com” and “Anso Plastics”.

Shengyi.com：https://www.100ppi.com/ppi/

Anso Plastics：https://www.antsoo.com/quotation?Material=PBT&MaterialId=14&MaterialCategoryType=0&quotationPriceContNum=0&MaterialContMPriceChange=0