In Sept., the price of fluorite experienced a narrow decline, falling first and then stabilising. The supply and demand sides are at a stalemate, and it is expected that the price of fluorite will remain weakly stable in the future market. In Sept., AHF prices generally remain stable. Raw material prices are steady, and downstream demand is weakening, but AHF manufacturers still incline to hold prices. In Sept., the price of R22 remained stable at a high level.
Important market dynamics in Sept. 2024
On 23 Sept., 2024, the Leshan Municipal Ecology and Environment Bureau publicised the approval opinions on the environmental impact report of the 25,000 t/a PVDF and supporting equipment project of Sichuan Zhongfu Taihua New Material Technology Co., Ltd.
On 20 Sept., 2024, Zhejiang Sanmei Chemical Industry Co., Ltd. released a foreign investment announcement.
In Sept., Sichuan Province and Fujian Province each added one new electronic grade hydrofluoric acid project.
On 31 Aug., 2024, Haohua Chemical Technology Group Corporation released its H1 2024 annual report.
The USD/RMB exchange rate in this newsletter is USD1.00=RMB7.1027 on 2 Sept., 2024, sourced from the People's Bank of China.
All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.
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