Price trend
Recently, the market price of hexafluoropropylene had remained stable, and downstream demand had been cold and procurement had not been active, so there as temporarily no good news. According to the data monitoring system of SunSirs, as of April 11th, the benchmark price of hexafluoropropylene in SunSirs was 36,375.00 RMB/ton, unchanged from the beginning of this month.
Analysis review
Raw material side: Recently, the domestic anhydrous hydrofluoric acid market had remained stable. As of the 11th, the market price of hydrofluoric acid was 13,800.00 RMB/ton, an increase of 8.88% compared to the beginning of this month (12,675.00 RMB/ton). This week, domestic fluorite prices had increased, with an average price of 3,550.00 RMB/ton as of the 11th, an increase of 3.46% compared to the beginning of this month (3,431.25 RMB/ton).
The downstream market was relatively quiet, with poor demand, and maintaining purchases on demand.
Market outlook
SunSirs' hexafluoropropylene analyst predicts that due to the recent high cost support of hexafluoropropylene, downstream demand was not active, and affected by on-demand procurement, it is expected that the hexafluoropropylene market will remain strong in the near future. More attention should be paid to market news guidelines.
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