Current Market Situation: Daily Price Changes, Dramatic Increases
Due to concentrated maintenance shutdowns at upstream petrochemical plants and tightening supply, the plastic raw material market continues to climb. At Zhangmutou in Dongguan, Guangdong—China's largest plastic raw material distribution center—a "grab-and-buy" frenzy has emerged. Trucks line up in long queues, and warehouse turnover orders have increased by over 40%.
The numbers tell the story:
ABS plastic raw material: Rose from 8,000 RMB/ton on March 1 to over 13,000 RMB/ton—an increase of more than 60%
PC plastic raw material: Climbed from 11,000 RMB/ton to over 16,000 RMB/ton—up more than 40%
Some engineering plastics have seen increases as high as 90%
More critically, this is not a short-term fluctuation. The market has already seen "daily price changes" and even multiple jumps within a single day—a rare phenomenon. Upstream chemical plants have begun "suspending quotations"—refusing to quote or ship goods—creating an atmosphere of supply tension. Some traders are even "hoarding inventory" rather than selling.
Impact on Us: Costs Rise Every Day
As a source factory, the raw material prices we pay change daily—and they are rising every day.
In the past, we could offer stable quotations with longer validity periods. But now, the uncertainty of raw material costs has forced us to adjust this practice. A price quoted today may no longer cover costs tomorrow.
This is not alarmism. The current market situation is essentially cost transmission triggered by supply-side tightness. In downstream plastic industries—packaging film, plastic bags, storage containers—raw material costs account for over 70% of total expenses. Product price increases cannot keep pace with raw material price hikes, and many manufacturers now face the dilemma of "losing money on every order received."
Our Recommendation: Order Early to Lock in Costs
In this market environment, we sincerely recommend:
✅ Confirm orders as early as possible: If you have upcoming procurement needs, do not wait. Placing orders early locks in current prices.
✅ Consider batch orders: For long-term needs, consider placing orders in batches to spread price risk.
✅ Communicate your needs in advance: Tell us about your procurement plans, and we can provide optimal purchasing advice based on market changes.
As your long-term partner, we are always committed to providing stable supply and reasonable pricing. But against the backdrop of the current plastic raw material price increase, we need your understanding and cooperation now more than ever.
Our Commitment
Despite market turbulence, we pledge to you:
Price transparency: We will honestly inform you of daily cost changes—no hiding
Priority assurance: For confirmed orders, we will ensure production and delivery
Long-term partnership: Regardless of market changes, we value every cooperation with you
For interested clients, we strongly recommend placing orders as soon as possible. Because today's price may no longer be tomorrow's.
📩 For quotations or order confirmation, contact us immediately:
Phone/WhatsApp: +86 15362356989
Email: 2258805254@qq.com
Website: https://www.hxcommodity.com/
Shantou Hongxing Commodity Co., Ltd.
23 Years of Plastic Manufacturing Experience | Your Trusted Partner
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