Recently, the market price of hexafluoropropylene has shown a weak downward trend. Downstream demand is cold and procurement is not active, so there is currently no good news. According to the data monitoring system of Shengyishe, as of April 18th, the benchmark price of hexafluoropropylene in Shengyishe was 36250 yuan/ton, a decrease of 0.34% compared to last weekend. On April 16th, some leading enterprises lowered their prices by 500 yuan/ton.

Raw material side: High market prices are under pressure, and production enterprises have thin profits. Recently, the domestic anhydrous hydrofluoric acid market has remained stable. As of the 18th, the market price of hydrofluoric acid was 13800.00 yuan/ton, an increase of 8.88% compared to the beginning of this month (12675.00 yuan/ton). The domestic fluorite market has remained stable this week, with an average price of 3550.00 yuan/ton as of the 18th, an increase of 3.46% compared to the beginning of this month (3431.25 yuan/ton).

The downstream market is relatively quiet, with poor demand, and the focus is on purchasing for essential needs.

Business Society’s hexafluoropropylene analyst predicts that due to the recent high cost support of hexafluoropropylene, downstream market demand is poor, and on-demand procurement is affected. It is expected that the hexafluoropropylene market will operate weakly and steadily in the near future. More attention should be paid to market news guidelines.