1、 Price trend: The PTFE market has maintained stable operation this week. According to the monitoring system of Business Society, as of May 24th, The market price of PTFE suspended particles remains around 35000-50000 yuan/ton.
2、 Influencing factors: On May 24th, the price trend of domestic hydrofluoric acid market remained stable, with stable operation of on-site equipment and normal supply of goods. Recently, the market for anhydrous hydrofluoric acid has risen, and the price of fluorite has continued to rise. The high cost side remains under pressure. As of May 24th, the benchmark price of hydrofluoric acid (export) for Shengyishe was 14150.00 yuan/ton, an increase of 2.54% compared to the beginning of this month (13800.00 yuan/ton). The benchmark price of Yingyishe fluorite is 3806.25 yuan/ton, an increase of 3.57% compared to the beginning of this month (3675.00 yuan/ton).
Downstream end: There is no favorable phenomenon in the downstream market, and there is insufficient purchasing sentiment, with on-demand procurement being the main focus. At present, the polytetrafluoroethylene market is in a sustained downturn.
3、 Future Market Forecast
The polytetrafluoroethylene analyst from Business Society 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 polytetrafluoroethylene market will operate weakly and steadily.
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