In June 2025, fluorite price experienced a significant decline, primarily driven by weak demand. Price of AHF significantly declined, with the market dominated by bearish sentiment. R22 price maintained their elevated levels, with the market exhibiting a consolidating trend. The the price of AIF3 further declined, reaching the lowest point in nearly a year.
Important market dynamics in June 2025
- On 16 June, 2025, the Shanghai Stock Exchange announced that the Science and Technology Innovation Board (STAR Market) IPO application of IC Seal Co., Ltd was accepted, with the company planning to raise funds of USD109.23 million (RMB785 million).
- On 13 June, 2025, Zhejiang Juhua Co., Ltd. stated at an investor event that if there is a significant increase in demand in H2 2025 and that refrigerants resources cannot meet the production needs of key industries, with 10% quota increase on the existing R32 quota, an application will be submitted in Aug.
- On 4 June, 2025, the Jiujiang Municipal Ecology and Environment Bureau disclosed the EI report for Phase I of Jiujiang Tinci High-Tech Materials Co., Ltd.'s 3,000 t/a Functional Organic Fluorine Products Project.
The USD/RMB exchange rate in this newsletter is USD1.00=RMB7.1869 on 3 June, 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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