SunSirs: Cost Price Was under Pressure at High Levels and the Hexafluoropropylene Market Was Weakly Consolidating

https://www.chemnet.com   May 09,2024 SunSirs

　　After the holiday, the market for hexafluoropropylene was mainly weakly consolidated. The follow-up of downstream inquiries and procurement was average, and the transaction atmosphere was average. According to the data monitoring system of SunSirs, as of May 7th, the benchmark price of hexafluoropropylene in SunSirs was 35,875.00 RMB/ton, unchanged from the beginning of this month.

　　Analysis review

　　Raw material side: High cost prices were under pressure, and production enterprises had thin profits. On May 7th, the price trend of domestic hydrofluoric acid market increased, the on-site equipment operated stably, and the supply of goods was normal. According to the data monitoring system of SunSirs, as of May 7th, the benchmark price of hydrofluoric acid (export) in 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 domestic fluorite market had risen. As of May 7th, the benchmark price of SunSirs fluorite was 3,687.50 RMB/ton, an increase of 0.34% compared to the beginning of this month (3,675.00 RMB/ton).

　　The downstream market was relatively quiet, with poor demand, and mainly maintained purchasing on demand.

　　Market outlook

　　SunSirs' hexafluoropropylene analyst predicts that due to the recent high cost support of hexafluoropropylene, poor downstream market demand, and the impact of on-demand procurement, it is expected that the hexafluoropropylene market will operate weakly and steadily in the near future. More attention should be paid to market news guidelines.

 Print  |    add to Favorites  |    Close