Recent Raw Material Price Update (20250402)
In today's rapidly evolving global economy, staying informed about market trends is crucial for business success. Tai Hing is dedicated to providing professional market insights to help clients make procurement decisions at the right time and achieve mutual benefits.
Below, we have compiled recent information on raw material price fluctuations for your reference. (All prices are ex-factory price excluding tax.)
PA6
Price Changes: From February 15 to March 14, prices remained stable. However, from March 14 onwards, a noticeable decline began, resulting in an overall decrease of approximately 4.84%.
Future Trend: Data indicates a significant drop in PA6 prices starting mid-March, suggesting that this downward trend may continue.
We recommend closely monitoring market supply and demand, raw material prices, and policy adjustments. Consider phased procurement to mitigate risks associated with price fluctuations.
PA66
Price Changes: PA66 experienced slight fluctuations from February 15 to March 23, followed by a notable decline from March 23 to April 1, with a total fluctuation of about 4%.
Future Trend: The chart shows a significant drop in prices starting late March. If this trend continues, PA66 prices may further decline or stabilize at lower levels.
We advise clients to stay alert to market dynamics and adjust procurement plans flexibly based on actual demand.
PBT
Price Changes: Overall, PBT prices have shown a marked downward trend, with a decline of approximately 3.65%.
Future Trend: If the current downward trend persists, prices may continue to decline.
We recommend maintaining stability, closely monitoring market developments, and adjusting procurement strategies as needed.
PET
Price Changes: PET has experienced a cycle of increases, fluctuations, declines, and recoveries, with an overall increase of about 1%.
Future Trend: Despite recent fluctuations, PET prices have shown a slight upward trend, rebounding on April 1. This may continue in the short term.
In the medium to long term, attention should be paid to market demand and production costs, as prices could fluctuate around current levels if no significant changes occur.
PP
Price Changes: PP has gone through a process of decline, stabilization, and subsequent increase, with a cumulative drop of about 0.85%.
Future Trend: Following an initial decline and stabilization, PP prices have begun to rise slowly. The upward trend from March 14 to April 1 indicates increased market demand or reduced supply.
It’s crucial to consider various factors, such as supply-demand relationships, macroeconomic conditions, and policy changes, when assessing future trends.
We fully understand that corporate procurement requires reliable information support. Therefore, Tai Hing will continue to provide customers with transparent and accurate market dynamics, working together with you to address market changes. By regularly sharing raw material price information, we aim to help customers plan their procurement schedules reasonably and achieve higher cost efficiency.
Tai Hing has always adhered to the philosophy of "customer-centric, co-creating value," dedicated to building long-term, trusted partnerships with our customers. In the future, we will continue to strive to provide more valuable market insights to support your business growth.
For further market data or professional advice, please feel free to contact us anytime. Let's join hands, work together, and create a bright future!
The above information is for reference only. Data provided by "Business Union" and "Today's Plastic Prices."
https://mp.weixin.qq.com/s/prjaM_us5_f9gOsS3CIw3w
