Price trend

After the Spring Festival, the polytetrafluoroethylene industry chain market had not fully recovered, and companies were relatively cautious in their external quotations, with a strong wait-and-see sentiment. As of February 22nd, the mainstream price of PTFE suspended pellets in the market was around 37,000-43,000 RMB/ton.

Analysis review

In terms of raw materials, the market price of chloroform had increased. According to the data analysis system of SunSirs, the benchmark price of chloroform on February 22 was 2,383.33 RMB/ton, an increase of 3.62% compared to the beginning of this month (2,300.00 RMB/ton).

The R22 market supported at high levels, and PTFE costs ere under pressure. As of February 22, the benchmark price of R22 was 23,666.67 RMB/ton, an increase of 9.57% compared to the beginning of this month (21,600.00 RMB/ton).

In terms of supply, the production start time of enterprises after the holiday was not uniform, and they were gradually recovering. Enterprises mainly focused on clearing pre holiday inventory, and the supply and demand were relatively stable.

In terms of demand, downstream production was gradually resuming, with rigid procurement as the main focus. Overall demand was weak, and there was a strong wait-and-see sentiment.

Market outlook

The polytetrafluoroethylene analyst from SunSirs predicts that the cost of polytetrafluoroethylene will continue to remain high, with stable production, balanced supply and demand, and sufficient supply of goods. The downstream market is expected to gradually recover after entering March, and it is expected that the polytetrafluoroethylene market will rise in the short term.

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