In February, the hexafluoropropylene market operated weakly and steadily. As of February 28th, the benchmark price of hexafluoropropylene for Shengyishe was 36350.00 yuan/ton, a decrease of -1.36% compared to the beginning of this month (36850.00 yuan/ton).
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The market recovery after the holiday is slow, and prices are slightly chaotic. The price of raw material trichloromethane continues to rise, with an overall increase of 2.11% within 7 days. The high cost of raw materials has led to cost pressures. As of February 29th, the benchmark price of trichloromethane in Shengyishe was 2450.00 yuan/ton, an increase of 6.52% compared to the beginning of this month (2300.00 yuan/ton).
Business Society’s hexafluoropropylene analyst predicts that in March, the hexafluoropropylene market will be under cost pressure and prices will remain strong. More attention should be paid to market news guidelines.
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