China Materials: Glass Fiber & E-fabric – Weekly Snapshot – 20260709

Research evidence excerpt

China Materials: Glass Fiber & E-fabric – Weekly Snapshot – 20260709

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10 Jul 2026 07:34:18 ET │ 11 pages

China Materials

Glass Fiber & E-fabric – Weekly Snapshot – 20260709

CITI’S TAKE

China’s glass fiber market remained bifurcated in the week ended July 9.

Coarse roving prices came under further pressure as seasonal demand

weakness persisted, with some second- and third-tier producers cutting

prices by Rmb50-100/ton to stimulate sales. In contrast, electronic yarn

fundamentals remained exceptionally strong. July contract prices were Anna WangAC

implemented smoothly, while downstream CCL procurement demand +852-2501-2739

remained robust. Despite incremental capacity ramp-up from newly anna.d.wang@citi.com

ignited lines, effective supply growth remained limited, and shortages

Jack Shang, CFA

across multiple electronic yarn and electronic fabric specifications

+852-2501-2441

continued. We remain constructive on the electronic materials cycle, jack.shang@citi.com

supported by near-zero inventories, persistent supply-demand tightness

and ongoing pricing power. Remain Buy on China Jushi. Jimmy Feng

+852-2501-7588

jimmy.feng@citi.com

Pricing – 1) The mainstream transaction price for 2400tex winding direct roving

declined slightly to Rmb3,500-3,900/ton, with the national average at Cynthia Wu

Rmb3,778/ton, down 0.33% WoW but still up 2.98% YoY. Some second- and third- +852-2868-7813

tier producers lowered prices by Rmb50-100/ton amid weak demand. 2) G75 cynthia.d.wu@citi.com

electronic yarn prices continued to move higher, with mainstream transaction prices

reaching Rmb16,800-17,500/ton, implying an average transaction price of

approximately Rmb16,988/ton, up 3.6% WoW. 3) 7628 electronic fabric prices