Wednesday, March 13, 2013

Domestic fluorite price keeps on rising in Jan. 2013

In Jan. 2013, the domestic price of fluorite keeps an increasing trend in China. According to the CCM investigation, the price of 97% fluorite wet powder has increased by 7.3% from USD274/t at the beginning of Jan. 2013 to USD294/t at the end of Jan. 2013. It's estimated that the price will keep on increasing after the Spring Festival (Feb. 9, 2013 to Feb. 15, 2013). 
However, domestic market price of R134a dropped slightly in Dec. 2012–Jan. 2013. In Jan. 2013, the market price of R134a dropped slightly to USD3,692/t, decreasing by 8.16% compared with that in Nov. 2012, about USD4,020/t. The market price of R134a in Jan. 2013 is getting the lowest point since Mar. 2012, which is the highest price in 2012, about USD7,000/t. It is estimated that the market price of R134a will keep dropping slightly in Feb. 2013. 
Driven by optimistic expectation of fluorine chemical industry, there are still many new projects of fluorine chemical, and some of them are worthy of our attention. On Jan. 25, 2013, Dongyue Group Ltd. (Dongyue Group) announced that its wholly-owned subsidiary Shandong Dongyue Polymer Material Co., Ltd. had invested USD94.67 million to purchase 100% stock rights of Shandong Huaxia Shenzhou New material Co., Ltd. (Huaxia Shenzhou) located in Dongyue International Fluorine and Silicon Material Industry Park. 

Domestic market price of R134a shows downtrend in Dec.2012–Jan. 2013
Air conditioning industry may fall behind the step of refrigerating fluid updating in China
Yonghe's capacity of fluorine chemicals to reach 200,000t/a in 2015
Industrial bases of domestic fluorine chemical developrapidly
Fluorine chemical project to go into operation in Thaihot Group, 2013
Dongyue Group invests USD 94.67 million to purchase Huaxia Shenzhou
The third phase of Hexafluo's project to put into operation in Feb. 2013
Jiujiujiu makes progress in the LiPF6 project.

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