Zhongfu Shenying Carbon Fiber Co Ltd: Price Hike in Carbon Fiber Sector

Zhongfu Shenying Carbon Fiber Co Ltd, a company listed on the Shanghai Stock Exchange, has been part of a significant price adjustment in the carbon fiber industry. On May 13, 2025, the company officially issued a price increase notice to its clients, raising the price of its wet-process 3K carbon fiber products by CNY 10,000 per ton. This adjustment reflects the growing demand driven by the low-altitude economy and the increasing use of drones, which has led to a surge in exports.

The price hike has had a notable impact on the market, with several carbon fiber-related stocks experiencing substantial gains. On May 14, 2025, stocks such as Jilin Carbon Valley and Jilin Huaneng surged by over 21% and hit the daily limit, respectively. Other companies like Zhongfu Shenying Carbon Fiber also saw significant increases, with stocks rising by 4.97%.

This is not the first time Zhongfu Shenying Carbon Fiber has adjusted its prices. Earlier in March 2025, the company had already increased the prices of its 3K/6K products by CNY 5,000 per ton and other products by CNY 3,000 per ton. The recent price adjustment is approximately 4% of the previous price range, which was between CNY 150,000 and CNY 400,000 per ton.

The primary applications of these carbon fibers are in high-performance sectors such as the low-altitude economy, drones, high-end sports, and luxury automobiles. Despite the price increase, industry experts remain cautious. While some companies may follow suit, others, like Zhongfu Shenying Carbon Fiber, face weaker demand pressures.

The carbon fiber market is expected to continue its growth trajectory, driven by new applications in sectors like aerospace, wind energy, and hydrogen fuel vehicles. As the industry stabilizes, analysts anticipate further expansion, particularly in the low-altitude economy and robotics sectors.

Zhongfu Shenying Carbon Fiber’s market capitalization stands at approximately CNY 191.16 billion, with a close price of CNY 20.78 as of May 11, 2025. The company’s strategic pricing adjustments reflect its response to market dynamics and its position as a leading player in the carbon fiber industry.