In Oct. 2024, fluorite prices saw a modest rise. Suppliers were keen to support prices, while demand-side profit margins remained inverted. AHF prices showed slight increase in early Oct. and remained stable for the rest of the month. In Oct. 2024, R22 prices remained stable at high level.
Important market dynamics in Oct. 2024
On 28 Oct., 2024, IPO of Shanghai Rukun New Material Co., Ltd. was terminated.
On 24 Oct., 2024, Zhejiang Sanmei Chemical Industry Co., Ltd. released its financial report for Q3 2024.
On 22 Oct., 2024, Jiangsu Province, Honeywell (China) Co., Ltd. signed a strategic memorandum of understanding with Geely Holding Group Innovation Centre and Hisense Appliances Group Co., Ltd.
The USD/RMB exchange rate in this newsletter is USD1.00=RMB7.0709 on 8 Oct., 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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