Fiber Market Intelligence Weekly Report 【2026/06/20-26】

Hello! We are back with the latest trends in the global fiber market for this week 🌍✨
This week, the market was buzzing with news of major institutional changes, such as the opening of futures trading to foreign investors in the Chinese market, and a series of announcements regarding domestic mass production in the carbon fiber sector. On the other hand, we are seeing dynamic price movements, such as a sharp drop in major raw material prices due to expectations of easing geopolitical risks in the Middle East.
This report is packed with information that can serve as hints for your business and investments, so please be sure to check it out until the end!

1. 🌐 Overall Trends in the Chemical Fiber Industry

The main themes in the chemical fiber market this week were institutional changes in the financial markets and downward price pressure resulting from fluctuations in geopolitical risk.

• 📈 Opening and Internationalization of the Futures Market: Seven polyester futures products were simultaneously opened to foreign investors on China's Zhengzhou Commodity Exchange [1]. This is seen as a strategic move to increase market transparency and liquidity in the polyester industry chain and to strengthen China's influence on international price formation [1]. Additionally, the exchange has adjusted trading margin ratios and price limits for products like PTA and staple fibers to optimize trading risk management [2].

• 📉 Sharp Decline in Raw Material Markets and Structural Adjustment: With the geopolitical premium receding due to expectations of easing tensions in the Middle East, the PTA (polyester raw material) futures market faced significant downward pressure, with main contracts falling 6% during the day [3][4]. Night trading also recorded drops of over 4% for PTA, PX, and bottle chips, indicating intensifying price pressure across the broader upstream raw material market [4].

• 🏭 Industry Structural Reorganization: European chemical giant Evonik announced plans to cut 3,200 jobs and exit the polyester business by 2029 [5]. This reflects the harsh competitive environment in the global chemical industry, and the impact on the medium- to long-term supply structure is being closely watched [5].

2. 🚢 Trends in International Trade and Supply Chains

In international trade, protectionist movements continue to be observed in various countries.

• 🛡️ Strengthening of Trade Barriers and Their Impact: The European Union (EU) has issued a preliminary anti-dumping ruling against PET spunbond nonwovens originating from China [2]. India is also continuing its anti-dumping duties on PET resin from China [6]. In Bangladesh, tariff measures intended to protect polyester fiber producers have raised concerns about rising costs for downstream plastic and textile manufacturers, highlighting the challenge of balancing domestic industry protection with international competitiveness [5].

• 🚢 Mixed Export Trends: Although China's polyester filament exports dropped sharply in May, analysis suggests that improvements are expected in the latter half of the year due to a recovery in demand [4].

3. 🧵 Trends by Specific Fiber

• ⬛ Carbon Fiber: Adoption is exploding from mobility to aerospace. Carbon fiber has been used in the Ferrari "SF90 XX," the new Mercedes "AMG CLE 63," and the airframe of GAC's flying taxi, the "AirCab" [7]. On the supply side, Sinopec has successfully achieved mass production of T1000-grade small-tow carbon fiber, also known as "black gold," for the first time, and Shanghai Petrochemical has also succeeded in the mass production of wet-process 12K-T1000 carbon fiber, dramatically improving domestic technical self-sufficiency in China [7][8]. Additionally, sustainability initiatives are accelerating, such as Mirai Kasei's business for the collection and recycling of CFRP scraps [6].

• 👕 Polyester: Teijin Frontier has developed a multi-functional textile based on polyester fiber that uniquely combines excellent heat retention with high breathability [9]. Furthermore, Hengyi Bio has obtained a national patent for biodegradable polyester fiber and is collaborating with sports brand Anta to promote a green transition [9]. On the other hand, the possibility that polyester is linked to microplastics in the human body has been raised, increasing interest in its environmental and health impacts [10].

• ✨ Spandex: Hyosung TNC has begun mass production of bio-based spandex derived from sugarcane, supporting the spread of sustainable fibers [8].

4. 🏢 Notable Corporate News

• 🇨🇳 Qide New Material: A private placement of 275 million yuan has been completed, accelerating the expansion of its carbon fiber production capacity [3].

• 🇨🇳 Shinde New Material: The company's pitch-based carbon fiber products have passed customer verification in multiple fields, including optical fibers, solar power generation, and semiconductors, and small-lot supply has begun [11].

• 🇨🇳 Donghua Energy: The high-performance carbon fiber project has successfully completed trial runs with material input and is moving forward toward full-scale operation [11].

• 🇨🇳 Guangwei Composites: While reporting that verification for carbon fiber for commercial aircraft is proceeding as planned, the company pointed out that intense price competition is already evident in the civil carbon fiber market [12].

5. ⚙️ Information on Textile Machinery, Auxiliaries, and Suppliers

• 🧪 Automation of Spinning Oil Agents: Three companies, including Taihe New Materials, have jointly applied for a patent regarding the automatic control of spandex (elastane) oil agents [13]. They aim to advance automation in spandex spinning oil agent production to improve production efficiency and quality stability [13].

• 🤖 Patents for Equipment and Components: Weihai Boda Automation Equipment has obtained a patent for a carbon fiber prepreg spreading structure equipped with a carding function, contributing to quality improvement [2]. Additionally, Taicang Jinmao New Material Technology has obtained a patent for a device that detects tensile bond strength by controlling the coating thickness and area of adhesives [14].

6. 📊 Weekly Digest of Fiber Price Trends

This is the price trend for major fibers and raw materials for this week (6/20-26) (primarily based on the Chinese market). I have also added the requested price information for polyester filament.

🔹 PTA (Polyester Raw Material)

• Price/Indicator: Approx. 5,396 yuan/ton (main futures contract) [3]

• Trends/Factors: Influenced by a combination of expectations for easing tensions in the Middle East, persistently high processing costs, and weak crude oil prices, it was subjected to significant downward pressure, falling 6% during the day in the futures market [3][4].

🔹 PX (Paraxylene)

• Trends/Factors: While geopolitical risks are easing, supply and demand tightness is supporting prices, resulting in a complex market where external and internal factors are intertwined [4].

🔹 Polyester Staple Fiber

• Price/Indicator: Approx. 7,520 yuan/ton (benchmark price) [10]

• Trends/Factors: The spread has widened to a negative value (-98.85 yuan/ton), and the lack of cost support and sluggish demand continue [10].

🔹 Polyester Filament (FDY / POY)

• Price/Indicator: FDY benchmark price is approx. 8,745 yuan/ton [10]. POY spread is 2.19 yuan/ton [10].

• Trends/Factors: The FDY spread is -45.00 yuan/ton, continuing to widen in the negative direction, and the short-term downward trend persists [10]. On the other hand, the POY spread has narrowed in the positive direction to 2.19 yuan/ton, showing signs of a change in the market's supply-demand balance [10].

🔹 Nylon Filament (POY)

• Price/Indicators: 13,500 - 13,800 yuan/ton[7]

• Trends/Factors: The benchmark price is 13,800 yuan/ton, but price differences are observed between companies (such as Brothers Synthetic Fiber and Jiahe Chemical Fiber) ranging from 13,500 to 13,600 yuan/ton[7].

🔹 Rayon Staple Fiber (1.2D)

• Price/Indicators: Approx. 14,200 yuan/ton[15]

• Trends/Factors: Manufacturers such as Weifang Xinlong are raising prices, suggesting that the market supply-demand balance is tightening[7][15].

That is all for this week's report!
It was a week where market structures were changing from a long-term perspective, such as the opening of the futures market and the mass production of next-generation materials. Look forward to the next update!
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