Fluorite prices continued to rise modestly in March 2025. The price of AHF remained stable in Feb.the price of anhydrous hydrogen fluoride (AHF) experienced an upward trend.the price of R22 remained stable. With limited annual supply from manufacturers and an optimistic outlook for end-user demand, R22 producers maintained a firm pricing stance.
Important market dynamics in March 2025
- In March 2025, Lecron Industrial Development Group Co., Ltd. was subjected to other risk warnings due to financial fraud, and its stock abbreviation was changed to "ST Lecron".
- On 18 March 2025, Shanghai Huayi Group Co., Ltd. announced plans to acquire 60% stake in Shanghai 3F New Materials Technology Co., Ltd. held by Shanghai Huayi Holding Group Co., Ltd. in cash.
- On 18 March, 2025, Dongyue Group Limited released a profit forecast for 2024, anticipating a YoY increase of 14% in net profit.
- On 10 March 2025, Jiangxi Lee & Man Chemical Co., Ltd. announced the successful development of a new fluororesin product, PCTFE resin.
The USD/RMB exchange rate in this newsletter is USD1.00=RMB7.1745 on 3 March, 2025, 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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