China Fluoride Materials Monthly Report

In Mar. 2014, affected by the obviously changing demands, the average ex-works prices of main fluoride materials in China presented either increases or decreases. Of this, the ex-works prices of most refrigerants witnessed varied increases, since it is the conventionally peak period in Q2 2014 for refrigerant industry. For instance, the ex-works price of R22 and R134a reached USD1,727/t and USD3,277/t respectively in Mar. 2014, up by 13.77% and 3.31% over Feb. 2014. However, both the raw material industry and fluoride salt industry encountered gluts. For instance, the ex-works price of fluorite (CaF₂>97%) and AlF₃ declined by 6.52% and 6.79% respectively compared with that in Feb. 2014.

In this issue, CCM communicated with insiders in domestic fluorine chemical industry, based on the sluggish fluorine chemical market in recent years and the overcapacity in basic product production. Regarding the overcapacity relief of China's fluorine chemical industry, CCM had an in-depth interview with Mr. Huangfu Genli, a famous specialist in fluorine chemical industry. Commonly, there are three solutions for the overcapacity in China's fluorine chemical industry, including raising the entry requisites, controlling the total output and streamlining the industrial structure, and improving innovation capabilities.

In addition, CCM paid special attention to the auto air-conditioning refrigerant market, especially R134a in Guangdong Province. Specially, CCM visited the typical auto accessories centers located at Yongfu, Hengfu and Guangyuan roads in Guangzhou City. During the visit, in order to grasp the all-round information, CCM chose four topics covering brand, purchasing channel, price and quality to have in-depth talks with the insiders.

The RMB/USD exchange rate in this issue is USD1.00=RMB6.1503 on 1 Apr., 2014, sourced from the People's Bank of China.

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