In today's rapidly changing global economy, enterprises’ accurate grasp of market information has become the key to business success. Tai Hing Nylon Filament Products Co., Ltd. is committed to providing customers with professional market information, which helps customers make purchasing decisions at the right time and therefore achieves win-win situation.

The following is the recent raw materials price fluctuation information for your reference, hoping to provide reference for your business development.

(The following are all EXW prices excluding tax)

PA6

Price change: from September to December, the price continued to decline of about 11%.

Future trend: Owe to the weak market demand and high pressure on the supply side, PA6 raw material price may continue to decline.

We encourage customers to pay close attention to the demand dynamics of the end market and purchase in batches according to actual demand, to avoid the risk of price fluctuation.

PA66

Price change: from September to November, the price fluctuation became steady. The overall decline was about 2.24% with a slight rebound during the period.

Future trend: although prices have slightly rebounded recently, the supply of PA66 raw materials are sufficient. Owe to the weak market demand, it is hard for the prices to rebound substantially in a short time.

We encourage customers to adjust their purchasing plan flexibly and adopt wait-and-see or bargain-hunting purchasing strategies based on the actual needs.

PBT

Price change: the prices have slightly declined by about 2% since November.

Future trend: under the background of weakening cost-side support and gradual recovery of supply side, the prices will continue the pattern of weak shocks.

We suggest that customers should maintain cautious attitude and focus on the recovery situation of supply side and the changes in market inventory, adjusting the procurement plan in a timely manner.

PET

Price change: the overall prices have fallen by about 9.12% from September to December.

Future trend: affected by weak market demand and high pressure on supply side, PET prices may be dominated by low volatility in a short term. With the maintenance of some factories and the easing of inventory pressure, the prices may stabilize at the bottom.

We suggest that customers pay attention to the delivery situation of factories and choose opportunity to replenish the goods.

PP

Price change: from September to December, the prices fell first, then rose, and finally decline again. The cumulative decline was about 2%.

Future trend: affected by the capacity recovery of supply side and weak market demand, prices may fluctuate slightly in a short term.

We encourage customers to adopt flexible procurement strategies according to the actual needs, avoiding the extra cost because of market volatility.

We are well aware that enterprises procurement requires reliable information support. Therefore, Tai Hing Nylon Filament Products Co., Ltd. will continuously provide customers with transparent and accurate market dynamics information. By regularly sharing raw materials price information, we hope to help customers adjust their procurement plan flexibly and realize higher cost-effectiveness.

Tai Hing always adheres to the concept of ‘customer first, create value together’, committed to establishing long-term partnership with global customers. In future, we will continuously focus on product innovation and provide more valuable market information, supporting customers in developing their business.

If you require further market data and professional suggestion for reference, please feel free to contact us.

Email: marketing@taihingnylon.com

The above content is only for reference. Raw materials price data came from "Business Association" and "Plastic Price Today".

Please click following links to get more details.

https://www.100ppi.com/

https://mp.weixin.qq.com/s/prjaM_us5_f9gOsS3CIw3w