Welcome to the March Issue of China Fluoride Materials Monthly Report.
This newsletter will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire fluoride materials industry chain, from raw materials to end consumption. It includes breaking news from China and abroad, the latest market data (price, import & export, production, consumption, operating rates, etc.), in-depth analysis of market trends, Chinese government policy, performance of Chinese producers, M&A, new technology, and expert commentary from industry insiders.
Here is the Editor's Note for you to know about the March issue specifically:
In March 2018, China's fluorochemical prices were on the increase as a whole.
Fluorite: The price of fluorite (CaF2>97%) was up by 2.47% MoM, because the supply was still inadequate as a result of slow increases in the industry's operating rate. In addition, downstream companies having relatively huge stock were not willing to accept expensive fluorite. A downtrend in the price of hydrofluoric acid was unfavourable to the fluorite market.
R134a: The price of R134a rose by 18.93% MoM, hitting the highest growth rate among all refrigerants, because the supply was limited (R134a suppliers have no goods in stock) and the demand was stable. The price of trichloroethylene (a raw material for R134a production) went up due to the shutdown of some companies, but did not hinder the manufacture of R134a.
AlF3: China's AlF3 price dropped slightly in March 2018. CCM predicts the AlF3 price will remain stable in the short run due to the supply-demand balance.
R22: The price rise of R22 continued in March 2018, and CCM predicts China's R22 price will remain stable in the short run.
Here are some significant matters in the domestic fluorochemical industry in Feb. and March 2018.
On 28 Feb. 2018, Lee & Man Chemical held a briefing on its financial performance in 2017, unveiling its current development situation and future investment plan.
On the same day, Do-Fluoride published its 2017 preliminary earnings estimate, predicting a 46.10% YoY decrease in its net profit in 2017 because of the price cut of LiPF6.
On 7 March, 2018, Tinci announced a plan of setting up a JV to produce LiPF6 to speed up its foreign market expansion.
China Fluoride Materials Monthly Report is a monthly published newsletter, which can be downloaded in PDF format. The subscription mode for this newsletter is yearly and the subscriber will receive 12 issues per year.
Table of Contents
Column 1 Market Dynamics
HF price fluctuations to impact fluorochemical industry in 201 8
Lanling facilitates substitution of fluorine for ammonia
Column 2 Company Dynamics
Jiangsu Jiujiujiu's LiPF6 capacity to reach 5,000 t/a
China Kings announces recent moves
Tinci sets up JV to produce LiPF6
Capchem to increase investment in electrolyte
Capchem to invest more in profitable subsidiaries
Jiujiang Tinci Mining to buy lithium oxide with USD200 million
Do-Fluoride's net profit down 46.1 0% YoY in 201 7
Lee & Man Chemical holds 201 7 performance briefing
Guangdong Tonze publishes its 201 7 preliminary earnings estimate
Arkema unveils EIA report on technological improvement of HFO-1 234yf production line
Zhejiang Zhongxin releases 201 7 preliminary earnings estimate
Arekma announces higher quotaions for fluoropolymers
Column 3 Political Factors
No fee or tax on the emission of VOCs
Meeting to facilitate relocation and reconstruction of hazardous chemical enterprises
Deadline for registrations of chemicals exported to EU approaching
Column 4 Technology
Japan to develop new refrigerants to replace "freon substitutes"
Column 5 Market Data Analysis
China's AlF3 price falls slightly in March 201 8
China's R22 price goes up in March 201 8
Column 6 Import & Export
Import and export of major fluorochemicals in China in Jan. 201 8
Column 7 Price Update
Ex-works prices of major fluorochemicals in China in March 201 8