Carbon fiber market is rebounding, industry insiders say that demand for some models is exploding, but overall the industry is still oversupplied.

The carbon fiber market has shown signs of recovery since the beginning of this year. Jilin Chemical Fiber has raised the prices of its carbon fiber products twice. The company's relevant person in charge stated that since March, the company's orders have been increasing continuously, and production cannot keep up. The company's administrative staff have been sent to the workshop in batches to assist in production. Similarly, Liu Guangtao, the general manager of Dezhou Carbon Fiber Composite Materials Co., Ltd., stated that after the Spring Festival, the company's carbon fiber product orders increased by 15% year-on-year, and there is a shortage of production line workers. However, several industry insiders also mentioned that although there has been a surge in demand for certain types of carbon fiber used in drones this year, there is still an oversupply of most types, especially large filament carbon fiber products. Prices are still seeking a bottom, and the industry's overall supply exceeds demand situation has not changed. Related companies need to explore more application scenarios and strive to transition towards high-end products.