Jilin Chemical Fibre

Jilin Chemical Fibre’s stock price surged 21.64% in a single day due to increased demand for its products following a price hike by a major competitor.

Jilin Chemical Fibre’s stock is caught in market turbulence, with a recent sell-off by institutional investors, but its long-term growth prospects remain strong due to its dominance in China’s carbon fiber industry and strategic initiatives.

Jilin Chemical Fibre has seen a surge in market interest due to its strategic developments, including expansion of its carbon fiber business, which has driven a surge in its stock price to a 52-week high.

Jilin Chemical Fibre’s stock price has surged to a new high, driven by positive developments, strategic growth, and institutional confidence, positioning the company as a leader in the carbon fiber industry.

Jilin Chemical Fibre has increased the price of its wet-process 3K carbon fiber products by CNY 10,000 per ton, driven by strong demand from the low-altitude economy and exports.

Jilin Chemical Fibre has increased the price of its wet-process 3K carbon fiber products by CNY 10,000 per ton, citing increased demand driven by the low-altitude economy and drone sector.