Recent Raw Material Price Update (2026-03-04)
In today’s rapidly changing global economy, accurate market intelligence has become key to business success. Tai Hing is committed to providing clients with professional market insights to help them make timely purchasing decisions and achieve mutual growth. Below is our latest summary of raw material price movements, which we hope will serve as a useful reference for your business development. (All prices are ex-factory, tax excluded.)
PA6 (Nylon 6)
Price Changes: From February to early March, PA6 prices have shown a sustained upward trend with noticeable volatility. The current increase is roughly 10%, though this figure is for reference only.
Outlook: PA6 prices have continued to climb steadily since February. According to major producers, quoted prices are valid only for the day and may change at any time. The overall sentiment remains bullish, and early procurement is advised. In the short term, prices are expected to remain strong with possible small upward fluctuations. In the medium to long term, attention should be paid to downstream demand recovery and upstream cost changes. Industry participants are advised to stay cautiously optimistic and prepare for potential rebounds.
PA66 (Nylon 66)
Price Changes: From February to early March, PA66 prices have also risen steadily, showing a “volatile but upward” trend. The cumulative increase is around 6%, subject to market fluctuations.
Outlook: Producers report that quotes are valid only for the day, reflecting ongoing market volatility. Overall, the trend remains upward, and proactive stocking is recommended.
In the short term, prices may remain high and fluctuate slightly as major upstream producers ramp up post-holiday operations. Medium- to long-term dynamics will depend on the pace of downstream order recovery and the stability of raw material costs. Buyers should closely monitor cost changes, market trends, and demand conditions, adopting flexible procurement and sales strategies as conditions evolve.
PBT
Price Changes: From February to early March, PBT prices have remained relatively stable with slight upward movement. The current change is around -6%, but fluctuations remain notable, and the figure is for reference only.
Outlook: PBT prices are expected to hover within a narrow range with mild upward pressure. Producers note that quotes remain valid only for the day.
In the near term, prices are likely to stay stable or rise modestly. Over the longer term, downstream demand and upstream cost dynamics will be the key factors to watch. We recommend maintaining a cautious stance, closely tracking market trends, raw material costs, supply and demand patterns, industry competition, and policy developments to adjust forecasts and purchasing strategies in a timely manner.
PET
Price Changes: From February to early March, PET prices have shifted from “range-bound” movement to accelerated growth, largely in line with crude oil trends. The current increase is approximately 7.4%, subject to significant market volatility.
Outlook: PET prices have been driven upward by escalating geopolitical tensions and the recent surge in crude oil prices. Producers emphasize that quotations are valid only for the day and are frequently adjusted. The short-term market is expected to remain at high levels with fluctuations, while in the medium to long term, attention should be given to geopolitical developments, crude oil trends, and the pace of downstream demand recovery.
PP (Polypropylene)
Price Changes: Between February and early March 2026, PP prices have shown a “range-bound then accelerating upward” pattern, closely tracking crude oil trends. The current phase increase is around 10%, with high volatility.
Outlook: PP prices have been supported by a combination of geopolitical tensions, surging crude oil prices, and downstream restocking activity. Although operating rates at major production plants remain high, cost and demand factors have offset supply pressure. Overall sentiment is bullish, and advance purchasing is recommended.
In the short term, high-level fluctuations are expected, with potential sharp rebounds due to global instability and strong oil price momentum. Over the medium to long term, attention should focus on geopolitics, crude oil movement, plant operating rates, and downstream demand trends.
At Tai Hing, we understand that reliable information is essential for procurement decisions. We will continue to provide transparent and accurate market updates to help our clients navigate change with confidence. Through regular raw material price sharing, we aim to support your strategic planning and cost optimization.
Guided by the principle of “Customer First, Creating Value Together,” Tai Hing remains committed to building long-term, trustworthy partnerships. We will continue to deliver valuable market insights to help your business grow and succeed.
For further market data or customized analysis, please feel free to contact us — let’s work together toward mutual success and a brighter future.
Email:marketing@taihingnylon.com
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