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In today's rapidly evolving 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 informed procurement decisions and achieving mutual benefits.

Below, we have compiled recent updates on raw material price fluctuations for your reference. (All prices are listed as tax-exempt factory prices.)

PA6

Price Changes: From November 18 to December 15, there was a slight increase in prices, followed by a sharp decline from December 15 to January 11, 2025. After a minor rebound, prices stabilized, resulting in an overall decline of approximately 3%.

Future Trends: Recent price fluctuations indicate short-term market recovery, but long-term trends require further observation. Clients are advised to closely monitor market supply and demand conditions and make purchases in batches to mitigate price volatility risks.

PA66

Price Changes: Prices experienced fluctuations, stabilization, a decline, and a rebound, with an overall increase of approximately 1%.

Future Trends: Short-term market recovery is possible, but long-term trends depend on market fundamentals. Clients should stay informed about market dynamics and adjust procurement plans accordingly, adopting a wait-and-see or purchase strategy based on actual needs.

PBT

Price Changes: From January 2025 to the present, prices have remained stable with only minor declines. Overall, there has been no significant increase or decrease.

Future Trends: Prices are expected to remain stable in the short term, with slight fluctuations. The market is currently in a wait-and-see phase due to insufficient supply and demand. Post-Chinese New Year, prices may recover as downstream industries resume operations. Clients are advised to maintain stability, closely monitor market dynamics, and adjust strategies accordingly.

PET

Price Changes: From November 19, 2024, to January 20, 2025, prices were relatively stable. Subsequently, prices rose significantly and remained at a higher level for some time, with an overall increase of approximately 3%.

Future Trends: Prices are expected to continue rising in the short term. Clients are advised to closely monitor long-term market trends.

PP

Price Changes: Prices initially rose and stabilized before entering a downward trend, with significant declines from January 11 to February 16, resulting in an overall decline of approximately 1%.

Future Trends: Without favorable market information or increased demand, prices may continue to decline or remain at low levels in the short term. This downward trend may be attributed to seasonal demand changes during the Chinese New Year or market adjustments. Clients are advised to closely monitor market dynamics and adjust procurement strategies based on actual needs.

Due to understand that procurement decisions require reliable market information, we are committed to providing transparent and precise market updates to help clients navigate market changes effectively. By sharing these insights, we aim to assist customers in optimizing their procurement plans and achieving greater cost efficiency.

Tai Hing adheres to the principle of "customer-centric, co-creating value," dedicated to building long-term trusting partnerships with global clients. Moving forward, Tai Hing will continue to provide valuable market insights to support your business growth.

For further market data or professional advice, please feel free to contact us. Let's work together to achieve success and create a bright future!

The above information is for reference only. Data sources include "Business Society" and "Today's Plastic Prices."

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

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