In July 2023, prices of major fluorochemical products remained stable. Specifically, fluorite prices fluctuated while showing a slight downward trend and the overall fluorite supply capacity was weak. Market supply and demand of AHF was weak and AHF prices edged down. The overall R22 price scarcely changed as end market increased but raw materials costs dropped. AlF3 prices maintained stability as supply and demand kept balanced.
Important market dynamics in July 2023
On 19 July, 2023, Shenzhen Sunxing Light Alloys Materials Co., Ltd. announced to expand the capacity of PVDF to 5,000 t/a.
On 17 July, 2023, Henan Hongdangfang Chemical Co., Ltd. announced to raise capital for its industrial by-product salt resources comprehensive utilisation and 10,000 t/a LiPF6 project
On 30 June, 2023, Tonze New Energy Technology Co., Ltd. publicised a prospectus showing that it intended to raise capital for the 30,000 t/a LiPF6 and 6,000 t/a high-purity LiF project.
On 29 June, 2023, the Ecology and Environment Bureau of Shaoxing City revealed the environmental information of the 5,000 t/a new type environmental fire extinguishing agent and fluorine-enriched electronic new material project of Zhejiang Noah Fluorochemical Co., Ltd.
The USD/RMB exchange rate in this newsletter is USD1.00=RMB7.2157 on 3 July, 2023, 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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- Fluorochemical market is expected to recover in H2 2023
- Shenzhen Sunxing to build PVDF expansion project
- Tonze's 30,000 t/a LiPF6 and 6,000 t/a high-purity LiF project
- Zhejiang Noah's fire extinguishing agent and electronic new material project
- Fujian Yongjing's electronic chemical and fluorine-enriched material project
- Longfu Advanced Material's 230,000 t/a fluorine-enriched new material project
- HDF Chemical's 10,000 t/a LiPF6 project
- Yunnan Fluoride Phosphorus's 5,000 t/a LiPF6 project
- Hi-tech Spring's 12,700 t/a fluorine-enriched electrolyte additive project
- Zhejiang Xueyuan's fluorine-enriched refrigerant project starts construction
- Zhuhai Yasheng to establish 4,000 t/a PVDF processing project
- Xinjiang Qiangsheng's fluorochemical project
- Yueyang Furui's 5,000 t/a fine chemical new material project
- Special subsidies of Fushun Fluorine Material Application Industrial Park
- Sichuan Shangfu's fluorine-enriched fine chemical upgrading and renovation project
- Shaowu Yongtai's fluorine-enriched tail gas upgrading and renovation project
- Fluorite prices maintain stability in July 2023
- AHF prices remain stable in July 2023
- R22 prices maintain stability while showing upward trend in July 2023
- AlF3 prices scarcely change in July 2023
- Import and export of major fluorochemicals in China in May 2023
- Ex-works prices of major fluorochemicals in China in July 2023

