Starting from June! Multiple fluorine chemical companies raise prices for fluorinated polymer products!
Affected by factors such as the global situation and policy markets, the prices of raw materials and additives have risen to varying degrees in the short term, leading to a significant increase in production costs. The chemical industry continues to experience a wave of price increases.
Several fluorine chemical enterprises have made varying degrees of price increases for fluorinated polymer products since June 1st to ensure the coordinated stability of the upstream and downstream of the industrial chain and avoid irrational competition.
Specifically, PTFE suspension resin, dispersion resin, concentrate, perfluoroethylene propylene resin (FEP), polyvinylidene fluoride (PVDF), and lithium grade products have relatively small price increases, generally increasing by about 5% on the current price basis. However, coating grade PVDF and product grade PVDF have increased by 10% on the original price basis; Fluororubber (FKM) is generally upregulated by about 15%.
In addition, according to the industry assessment report released by the European Chemical Industry Association pro-K in May, the European fluoropolymer industry is facing multiple operational pressures due to the continued escalation of geopolitical tensions in the Middle East. Fluorite, sodium chloride, sulfuric acid, methanol, methane and other core raw materials for fluoropolymers have successively experienced increased supply risks and rapid price fluctuations. In this context, upstream manufacturers in the European industrial chain are also forced to transmit new costs downstream in order to maintain basic production operations and supply capacity.
The price trend of fluorinated polymers in China in the past year is as follows:
fluoropolymer
Domestic PTFE price trend (yuan/ton)
Last week, there was a strong atmosphere of high prices in the PTFE market. At present, factory costs continue to be under pressure, coupled with a decline in industry production, low inventory levels in enterprises, and strong willingness of manufacturers to raise prices. Some manufacturers have announced that they will raise prices next month, with an expected increase of 1000-2000 yuan/ton in external offers. Last week, the average price of suspended medium particle was 51000 yuan/ton, the average price of dispersed resin was 52000 yuan/ton, and the average price of lotion was 31000 yuan/ton.
Domestic PVDF price trend chart (yuan/ton)
Last week, the PVDF market remained stagnant and stable. At present, the support of raw material costs is stable, but overall production has slightly rebounded. At the same time, downstream procurement is cautious and cautious, and the pace of procurement has slowed down. Upstream and downstream confrontation is the main trend. Last week, the average price of PVDF coating grade was 58000 yuan/ton, membrane particle grade was 69000 yuan/ton, and lithium battery binder was 59000 yuan/ton.
Domestic FEP, FKM, HFP price trends (yuan/ton)
Last week, the FEP market price remained stable at a high level. Supported by rising costs, enterprise offers continue to rise, downstream demand is gradually released, and the focus of negotiations remains firm. Last week, the average price of cable materials was 58000 yuan/ton, and the average market price of molded materials was 70000 yuan/ton.
Last week, the FKM market showed strong momentum. In recent times, market cost support has remained strong, with factory offers and price increases being the main focus, downstream essential purchases, and actual transactions being subject to market conditions. The focus of negotiations is gradually increasing. Last week, the average price of binary adhesive was 62 yuan/kg, and the average price of ternary adhesive was 64 yuan/kg.
