Sofeast’s team continues to monitor the cost evolution of key raw materials in China, helping importers and manufacturers stay informed. This latest update from the market analysts we work with reflects changes (RMB costs and %) over the past year, up to Nov 27, 2025. (Click the charts to expand them)
Monthly China Raw Material Cost Changes – November 2025
Epoxy Resin (E-51) -3.05% monthly change
This week, the epoxy resin market was relatively quiet, with negotiations subdued and prices broadly stable.
- Drivers
Market sentiment remained fairly firm, but real demand from downstream users was still insufficient, limiting any upside and gently pulling the average price down over the month. - Outlook (next week)
Domestic epoxy resin prices are expected to remain basically stable with only minor fluctuations, so buyers can plan on a mostly sideways market in the very short term.
ABS (AG-15E1) -2.88% monthly change
This week, ABS prices were weak and moved in a narrow band, with sluggish trading activity.
- Drivers
While upstream costs have actually risen, downstream demand has not followed. Buyers are not strongly accepting higher prices, making it difficult for the market to recover and keeping ABS under gentle downward pressure. - Outlook (next week)
The ABS market is likely to stay range-bound and weak, with soft demand capping any short-term rebound attempts.
Silicone (110) +19.97% monthly change
This week, domestic 110 raw rubber prices rose further. The continued increase in upstream DMC earlier in the month pushed quotations and transaction levels noticeably higher.
- Drivers
DMC prices have moved up first and are now more likely to stabilize.
Cost pressure on silicone rubber remains high.
Downstream demand is still not strong enough to fully absorb these higher costs, so passing on cost increases through the chain takes time. - Outlook (next week)
The silicone market is expected to remain firm and generally stable with minor fluctuations, supported by elevated costs but constrained by uneven demand.
Zinc Alloy (Zamak5) +0.84% monthly change
This week, Electrolytic zinc prices first fell and then rebounded, leaving the average price slightly lower over the period, even though spot levels recovered toward the end of the week.
- Drivers
Macro-level uncertainty remains considerable, which restrains bullish sentiment, but supply-side conditions still offer some support and prevent a sharp breakdown. - Outlook (next week)
Few major macro events are expected, so the market tone is cautious. Zinc alloy is likely to trade in a narrow range with a defensive bias.
Aluminum Alloy (ADC 12, Jiangsu) -0.29% monthly change
This week, ADC 12 prices edged down slightly.
- Drivers
Spot supply has only tightened marginally.
Demand has been relatively stable, so there is no strong driver for a sharper move in either direction. - Outlook (next week)
Prices are expected to stabilize with a slight downward tilt, suggesting a gently soft market where buyers still have some negotiating leverage.
Paper for Color Box (157 g double-coated) 0.00% monthly change
This week, the double-coated art paper market remained flat and stable.
- Drivers
Production capacity changes were limited; most lines continued to operate normally.
Social demand stayed sluggish, with no clear improvement in order volumes for publications or commercial print jobs.
Dealers are still focused on working through inventory and maintaining price stability via steady ordering. - Outlook (next week)
The art paper market is expected to operate steadily overall, with suppliers prioritizing stable operations while they wait for demand to improve.
Stainless Steel (304/2B 0.4 mm, Taiyuan) -2.36% monthly change
This week, stainless steel prices continued to drift lower, with clear risk-aversion and wait-and-see sentiment in the market.
- Drivers
Supply and demand are both on the weak side, and many merchants are offering discounts to stimulate sales, adding to the downward pressure on spot prices. - Outlook (next week)
The market is likely to operate around a bottom-seeking level, looking for clearer support from the broader industry. Expect choppy but slightly soft conditions and continued competitive quoting.
Battery Material (Lithium cobalt oxides) +2.81% monthly change
This week, most cathode material prices rose, while ternary precursor prices softened slightly.
- Drivers
Lithium carbonate prices surged, and lithium iron phosphate (LFP) precursor supply remained stable.
LFP prices are closely tracking lithium carbonate’s fluctuations; recently, LFP has been steady while lithium carbonate moved higher.
Better-than-expected demand for LFP in the terminal market, especially energy storage, is supporting activity. - Outlook (next month’s orders)
The order book looks optimistic, and the processing environment remains stable. Energy storage installations are expected to continue growing into November and beyond, pointing to a firm to slightly firmer pricing environment for battery materials.
How to combat rising costs?
Explore cost-reducing tips in this post: Rising Raw Material Prices: What Strategy To Follow? (6 Approaches).
What to do if your Chinese supplier suddenly tells you that material costs have risen: How To Cooperate With Your Chinese Supplier, Part 16: Bad News from China, Raw Material Prices Just Increased!
If your supplier just isn’t working out, maybe sourcing a new supplier will help you find one who can offer you better prices and more. If so, there’s no need to fear switching from your current supplier to a new one if you’re prepared: How To Switch To A Newer, Better Chinese Manufacturer? [eBook].
We hope this is helpful. Our mission at Sofeast is to provide importers with transparency in their supply chain and to give them greater control. And this information is crucial for gaining visibility into your manufacturer’s costing.
By the way, you can always contact us if you have any questions about whether a manufacturer’s quote is reasonable or not.
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