March 17, 2026 — As conflict rages on in the Middle East, the price transmission chain from oil to plastics is profoundly impacting every细分 sector. EVA, EAA/EMAA, EVOH, PC/ABS, PMMA, POM, and even high-end specialty engineering plastics like PPSU/PSU/PES are all caught up in this wave of price increases without exception.

Market Data Witnesses Comprehensive Surge

Data from Cinda Securities indicates a tightening supply side for EVA this week, with Gulei Petrochemical's unit entering maintenance, further reducing market supply and leading to significantly higher product prices. Meanwhile, PC prices have risen from a low of around 10,000 RMB/ton last year to over 14,000 RMB/ton currently, representing a 40% increase within one week after the Middle East conflict intensified on February 28. ABS materials, previously priced at around 9,000 RMB/ton (including tax), now see some quotes rising to 12,000-13,000 RMB/ton.

In the specialty engineering plastics sector, high-end medical-grade materials like PPSU (polyphenylsulfone), PSU (polysulfone), and PES (polyethersulfone) are also facing cost pressures. These materials are widely used in high-end fields such as medical devices, baby bottles, and aerospace, requiring extremely high supply chain stability. Despite rising costs, price transmission is relatively smooth due to high technical barriers and difficulty in substitution.

Downstream Companies Adopt Multiple Strategies to Tackle Challenges

Facing a comprehensive wave of price increases across all product categories, downstream companies are adopting various coping strategies. Kingfa Science & Technology, Asia's leading modified plastics company, recently sent an open letter to customers stating that rising crude oil prices have increased industry costs. The company stated it would absorb some pressure through internal management but still needs to share part of the incremental cost increase with downstream customers.

Long Zhixiong, General Manager of Guangdong Vismay New Material Technology Co., Ltd., commented, "We are communicating with our customers, discussing price adjustments on one hand, and suggesting reducing orders in the short term on the other. There's no need to take risks during market volatility." Guangdong Rongsuhua New Material Technology Co., Ltd. has chosen to secure already-risen plastic raw material prices by paying a 20% premium to ensure factory capacity and fulfill customer orders.

The industry generally believes that this round of price increases is a comprehensive test of corporate supply chain management capabilities and cost control abilities. Under cost pressures, companies equipped with core technologies, strong customer relationships, and supply chains are poised to occupy more favorable positions in the market reshuffle.