Price trend

This week, the PTFE market maintained stable operation. According to the monitoring system of SunSirs, as of May 16th, the market price of PTFE suspended pellets remained around 35,000-50,000 RMB/ton.

Analysis review

Recently, the market for anhydrous hydrofluoric acid in the raw material market had risen, and the price of fluorite had continued to rise, putting pressure on the high cost side. As of May 16th, the benchmark price of hydrofluoric acid (export) for SunSirs was 14,150.00 RMB/ton, an increase of 2.54% compared to the beginning of this month (13,800.00 RMB/ton). The benchmark price of SunSirs fluorite is 3781.25 RMB/ton, an increase of 2.89% compared to the beginning of this month (3,675.00 RMB/ton).

Downstream end: There was no favorable phenomenon in the downstream market, and there was insufficient purchasing sentiment, with on-demand procurement being the main focus. As of May 16th, the PTFE market was in a sustained downturn.

Market outlook

The PTFE analyst from SunSirs believes that in the short term, the high prices of raw materials will support, downstream demand will be weak and continue to be sluggish, and the PTFE market will maintain stable operation.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.