In Oct., prices of major fluorochemical products rose significantly. Fluorite prices continued to climb as supply was in shortage and the prices are likely to keep steady in the short term. AHF prices rose as raw material prices went up and the prices are likely to slip in the short run as downstream demand is sluggish. The overall R22 price maintained stability while showing a tendency to climb. AlF3 prices continued to increase as raw material prices mounted up.
Important market dynamics in Oct. 2023
On 12 Oct., 2023, Guangxi Hetai Investment Group Co., Ltd. and Luxi County, Honghe Hani and Yi Autonomous Prefecture, Yunnan Province held a signing ceremony for the 100,000 t/a high quality anhydrous AlF3, 20,000 t/a electronic grade hydrofluoric acid, and 10,000 t/a LiPF6 project.
On 1 Oct., 2023, a production accident took place at the fluorite mine of China Kings Resources Group Co., Ltd. Consequently, local emergency management department required Zhejiang Zijing to suspend operation of the fluorite mine temporarily.
On 1 Oct., 2023, Quzhou City, Zhejiang Province held a review meeting on the construction plan of Juhua Group Corporation's new project, pollutant treatment demonstration project.
The USD/RMB exchange rate in this newsletter is USD1.00=RMB7.1789 on 9 Oct., 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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- LiPF6 prices continue to drop in Oct. 2023
- Xuancheng Hengtai's fluorochemical project
- Zhejiang Zhongxin Fluoride's Q1–Q3 performance forecast
- Zhejiang Yonghe holds 2023 semi-annual performance briefing
- Guangxi Hetai's fluorochemical project
- Sannong New Material's fluorine-enriched fine chemical project (phase II)
- Urumqi Fuduoduo signs fluorochemical industrial park project
- Zhuhai Lee & Man to build fluorine-enriched fine chemical project
- High-end fluorine material project of Zhongzhou New Materials
- Anhui Lingda to build fluorine-enriched fine chemical project
- Mingyue New Material starts construction of high-end fluorine material project
- Zhejiang Zijing's fluorite output to shrink due to production accident
- Juhua Group invests in pollutant treatment project
- IPO of Yongchuang Pharmaceutical
- CBAM comes into force
- Zhejiang Noah's electronic fluorinert liquid project is completed
- Fluorite prices continue to mount up in Oct. 2023
- AHF prices continue to increase in Oct. 2023
- R22 prices scarcely change in Oct. 2023
- AlF3 prices rise in Oct.
- Import and export of major fluorochemicals in China in Aug. 2023
- Ex-works prices of major fluorochemicals in China in Oct. 2023

