Jilin Chemical Fibre Announces Price Increase for Carbon Fibre Products
On May 13, 2025, Jilin Chemical Fibre Co., Ltd., a prominent player in the materials sector specializing in chemical fibers and pulp, officially notified its clients of a significant price adjustment. The company has increased the price of its wet-process 3K carbon fiber products by CNY 10,000 per ton. This decision has notably impacted the carbon fiber concept stocks, with Jilin Carbon Valley surging by 21.64%, Jilin Chemical Fibre hitting the daily price limit, and other related stocks like Qi Xincai, Mengtai Gaoxin, and Zhongfu Shenying also experiencing substantial gains.
The price hike is attributed to increased demand driven by the low-altitude economy, particularly for drones, which has led to a surge in exports. The excellent machinability of wet-process 3K carbon fiber has resulted in a supply-demand imbalance at Jilin Chemical Fibre. This is not the first price increase this year; earlier in March, the company had already raised prices for other carbon fiber products.
Wet-process 3K carbon fiber, a niche product, is primarily used in high-performance sectors such as the low-altitude economy, drones, high-end sports and leisure, and certain luxury automobiles. The price increase represents a roughly 4% adjustment from its previous range of CNY 150,000 to CNY 400,000 per ton.
Industry reactions to Jilin Chemical Fibre’s price increase have been cautious. Representatives from Zhongfu Shenying, a major player in the carbon fiber market, indicated a wait-and-see approach, noting that the domestic market has been oversupplied, leading to suppressed prices. However, the company remains optimistic about demand recovery.
The carbon fiber market is expected to grow, with China’s carbon fiber capacity reaching 150,130 tons in 2024, marking an 8.5% increase. As the demand for carbon fiber continues to rise, particularly in sectors like the low-altitude economy, the market dynamics may prompt other companies to consider similar price adjustments.
Jilin Chemical Fibre, listed on the Shenzhen Stock Exchange, has seen its stock price react positively to the news, reflecting investor confidence in the company’s strategic pricing decisions amidst growing demand for carbon fiber products.