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Recent Raw Material Market Update (October 13, 2026)

Release time:2026-10-16 09:25:06

In today’s fast-evolving global economy, staying informed with accurate market intelligence is critical to business success. At Tai Hing, we are committed to providing professional market insights to help our partners make timely purchasing decisions and achieve mutual growth.

 

Below is an overview of recent raw material price fluctuations prepared for your reference. (Note: All prices quoted are ex-factory, excluding tax).

 

PA6 (Nylon 6)

Price Trends:
From September through early October, PA6 prices experienced a sharp, aggressive rally, driven by an overall upward momentum. Prices have risen by approximately 9% during this phase. Given the high volatility, percentage increases are provided for reference only.

 

Outlook & Recommendations:
Due to rapid price shifts, resin suppliers report that quotes are valid for the day only and subject to change at any time. The overall outlook remains bullish, and we strongly encourage proactive advance stocking.

 

Short-term: Prices are expected to range-bound near highs with a slight downward bias and minor technical pullbacks. Watch for operational resume rhythms across upstream and downstream sectors following the holidays.

 

Mid-to-Long-term: Prices may soften before stabilizing, remaining under general pressure. Keep a close eye on post-holiday demand recovery versus marginal shifts in upstream raw material costs.

 

Advice: Industry participants should maintain a cautiously optimistic stance, remain flexible, and secure stock proactively ahead of potential price rebounds.

 

 

PA66 (Nylon 66)

Price Trends:
Between September and early October, PA66 prices surged rapidly, peaked, and subsequently transitioned into sideways range-bound trading. Current gains stand at around 5%. Due to significant market fluctuations, this figure is for reference only.

 

Outlook & Recommendations:
Short-term: Prices will likely fluctuate at elevated levels with limited downside potential.

 

Mid-to-Long-term: Expect an initial soft period followed by stabilization within a defined trading band. Upside room for rebounds appears constrained. Key variables include the strength of downstream order recovery and upstream cost stability surrounding the holidays.

 

Advice: We recommend closely monitoring cost drivers, market dynamics, and underlying demand. Adjust procurement and sales strategies flexibly, opting for a wait-and-see approach or buying on dips according to actual operational needs.

 

PBT

Price Trends:
From September to early October, PBT prices demonstrated a steady, strong upward rally, accumulating an overall price increase of 23%. Due to ongoing volatility, this rate is for reference only.

 

Outlook & Recommendations:
Resin manufacturers emphasize that quotes are valid for the day only and price changes occur rapidly. The market sentiment remains decidedly bullish, making advance procurement highly advisable.

 

Short-term: Prices will likely trade near high levels with a strong bullish posture.

 

Mid-to-Long-term: Focus on marginal shifts between downstream demand and upstream cost support.

 

Advice: Maintain a cautious yet disciplined approach. Monitor crude oil price rallies, raw material trends, supply-demand data, competitive landscapes, and policy shifts. Stay updated on market demand to adjust forecasts and procurement plans promptly.

 

PET

Price Trends:
PET prices surged rapidly from September to early October before entering a period of volatile correction. Price movement was tightly coupled with crude oil dynamics, resulting in a cumulative phase increase of approximately 10% (for reference only).

 

Outlook & Recommendations:
PET prices remain highly sensitive to crude oil fluctuations and continue to hold at elevated levels. Resin suppliers confirm that quotes are daily-valid and subject to change, with the broader outlook pointing upward.

 

Short-term: Prices are expected to fluctuate near highs with a slightly weaker bias as upward momentum eases. Key drivers to track include geopolitical developments, crude oil stability, and the pace of downstream demand recovery.

 

Mid-to-Long-term: Macro trends will continue to be dictated by crude oil prices. Prices may ease during the traditional off-season before experiencing a slight recovery around the Lunar New Year.

 

PP (Polypropylene)

Price Trends:
Between September and early October 2026, PP prices climbed rapidly before stabilizing at higher levels. The price rhythm tracked crude oil movements closely, yielding a phase gain of around 14% (for reference only).

 

Outlook & Recommendations:
Driven by escalating geopolitical tensions, sharp crude oil rallies, and downstream restocking demand, high operating capacity on the supply side was effectively offset by strong cost support and demand drivers. Suppliers report that quotes are valid for the day only with a bullish outlook; advance stocking is strongly recommended.

 

Short-term: Expect continued high-level range-bound fluctuations. Given global instability and strong crude oil performance, PP prices could experience aggressive rebounds.

 

Mid-to-Long-term: Track marginal changes across geopolitical conflicts, crude oil trends, supply operating rates, and downstream demand momentum.

 

Partnering with Tai Hing for Market Success

We recognize that strategic procurement relies on trustworthy, accurate information. Tai Hing will continue to deliver transparent and precise market updates to help you navigate changing conditions, optimize purchasing plans, and achieve greater cost efficiency.

 

Guided by our core philosophy of "Customer First, Creating Value Together," we are dedicated to building long-term, mutually trusted partnerships with our clients. We will keep providing valuable market insights to empower your business growth.

 

Should you require detailed market data or tailored purchasing advice, please feel free to reach out to us. Let’s join hands to navigate the market and achieve mutual success!

 

Disclaimer: The above information is for market reference only.
Data compiled from SunSirs (100PPI), Antsoo, Sci99, and TNC Market.

 

 

 

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