IOL Fluorine Chemical Weekly: Refrigerant Market Remains Resilient, Fluoropolymer Terminal Acceptance Yet to Digest

Refrigerant: Raw material prices continue to rise, with the market maintaining strong performance
This week, upstream raw material prices saw more increases than decreases, with the refrigerant market maintaining strong performance. Weekly market highlights: Supply side: Refrigerant factories operated at normal effective capacity levels, with inventory at historically low levels, leading to tight factory supplies. Cost side: The continued rise in upstream raw material prices, particularly sulfuric acid, pushed hydrogen fluoride costs higher, with the latest market quotations reaching around 15,600 yuan/ton, resulting in higher cost support for all refrigerant products. Demand side: With warmer weather, air conditioning and automotive refrigeration equipment will enter peak consumption season, and domestic production, sales, and after-sales refilling demand are expected to further increase. Overall, as the annual refrigerant quota is largely finalized, supply is constrained. Against the backdrop of rising costs and demand recovery, refrigerant prices are expected to continue trending higher.

Fluoropolymer: Significant Cost Surge, Terminal Acceptance Yet to Be Absorbed
This week, the fluoropolymer market continues to show strong cost-side upward momentum. On the supply side, factory production has increased, while demand-side recovery remains relatively sluggish. Under the combined influence of cost, supply, and demand factors, short-term market trends are primarily characterized by sideways fluctuations.  Specifically, cost-side factors—such as volatile oil and natural gas prices—have similarly impacted related raw materials like methanol, sulfuric acid, and chloroform, with upward cost support still present but clearly moderating. On the supply side, rising product prices have boosted factory production enthusiasm, leading to an increase in output compared to the previous period.  On the demand side, most end-use industries primarily rely on essential demand, resulting in stable consumption volumes but weak incremental growth. Overall, short-term fluoropolymer market cost support has temporarily eased, with supply-demand dynamics leaning toward weaker competition. Following a significant price surge, the market may stabilize temporarily before entering a phase of digesting the price gains.

Weekly news

01SOLSTICE ADVANCED MATIALS announces the Chinese name of its company, 'SOLSTICE'
On April 8, 2026, Solstice Advanced Materials (NASDAQ: SOLS), a cutting-edge specialty materials company, announced its Chinese name - Solstice. The release of this naming marks another important milestone for the company after independent operation, indicating that the company will embark on a new chapter of deep cultivation in China as a new Chinese brand identity. Suozhitai "embodies the brand commitment of the company to drive smarter achievements through high-performance solutions and scientific progress, and to contribute to the sustainable development of China's special materials industry. It means" using the 'Suo' of innovation, achieving the 'Zhi' of performance, and becoming a sustainable 'Tai'.

02Yonghe Group's revenue of 5.206 billion yuan in 2025 saw a significant increase of 123.46% in net profit
On the evening of April 2nd, Yonghe Shares released its 2025 performance report. Data shows that the company will achieve a revenue of 5.206 billion yuan in 2025, a year-on-year increase of 13.04%; The net profit attributable to the parent company was 562 million yuan, a year-on-year increase of 123.46%. During the reporting period, the company's performance growth mainly benefited from the synergistic efforts of the refrigerant and fluorinated polymer materials sectors. On the one hand, under the continuous constraint of quota policies, the supply and demand pattern of the refrigerant industry continues to optimize, and product prices have significantly increased year-on-year. The company's production and sales connection is smooth, and the income and gross profit levels have increased synchronously. On the other hand, the company continues to promote the coordinated optimization of product structure and industrial chain, steadily improving the efficiency and product quality of the fluorine-containing polymer material production line. The profitability of Shaowu Yonghe is gradually increasing, and the proportion of high value-added products is constantly increasing, further consolidating the overall profit foundation of the company.

03Shanxi Funuoou New Material Science Fluorinated Product Production Line Expansion Project Announcement
Recently, the expansion project of the fluorine-containing product production line of Shanxi Funuoou New Material Technology Co., Ltd. was announced on relevant websites. This project will increase the production capacity of the tetrafluoroethylene plant from the existing 500t/a to 2000t/a, and add tetrafluoroethylene production capacity for downstream project raw materials. The downstream plant will also be built, including expanding the existing 1000t/a high-performance new coating resin production plant to 1500t/a, and constructing 50t/a perfluoroether rubber and its supporting monomer production plant, 100t/a tetrafluorosulfonyl ketone production plant, 200t/a tetrapropylfluororubber production plant, and 1000t/a fluororubber production plant.

04Announcement of Sanming Jinfu's Annual Production of 100 Tons of Fluorine Containing High end Fine Chemicals Project
Recently, the Environmental Impact Assessment Report of Fujian Sanming Jinfu Chemical Technology Co., Ltd.'s annual production of 100 tons of fluorine-containing high-end fine chemical materials project has been published on relevant websites. The total investment of the project is 30 million yuan, and it is planned to use the reserved plant on the right side of the existing iodine pentafluoride electrolysis workshop as the expansion project plant, install production equipment for displacement, electrolysis, amination, alkaline hydrolysis, and acidification processes, and form a 50t/a trifluoromethanesulfonamide and 50t/a trifluoromethanesulfonic acid production line. The project schedule is 9 months (June 2026-2027)