Domestic Price of HFC-134a to Keep Falling in The Next Three Months

In May 2012, the price of HFC-134a dropped to USD6,238/t, decreasing by 9.66% month on month, while it was about USD6,905/t in April 2012, decreasing by 0.25% month on month. The price decrease of HFC-134a was mainly influenced by the decreasing price of raw materials and weakened demand, according to CCM’s June Issue of China Fluoride Materials Monthly Report.

Firstly, the production cost of HFC-134a has been continuously reducing. Trichloroethylene (TCE) and anhydrous hydrofluoric acid (AHF) are the main raw materials of HFC-134a. From April 2012, both the prices of TCE and AHF kept falling.

The oversupply of TCE becomes intensified in China, because ShanDong Haike Chemical Group has been operating its production lines of TCE with capacity of 40,000t/a since the middle of April 2012. Simultaneously, the price of TCE in May 2012 dropped to USD1,003/t, decreasing by 6.52% month on month.

Moreover, affected by the fatigued market, the price of AHF has been decreasing continuously for eleven months since June 2011 when its price was USD1,851/t. In May 2012, the price of AHF was USD1,213/t, decreasing by 3.22% month on month.

Secondly, domestic demand of HFC-134a declined in April because its downstream consumption by automobile industry lowered. As the substitute of dichlorodifluoromethane (CFC-12), HFC-134a is a zero ODP refrigerant. It doesn't contain chlorine element, neither does it destroy the ozonosphere, thus it becomes the most widely-applied middle-and-low-temperature environment-friendly refrigerant mainly used in vehicle air conditioning. According to the statistics from China Association of Automobile Manufacturers, the output and sales of automobile in April 2012 dropped by 12.39% and 11.65% respectively month on month.

It is estimated that the price of HFC-134a will keep falling in the next three months. Firstly, the supply of HFC-134a will increase, which may cause the price falling of HFC-134a. Zhejiang Juhua Co., Ltd. (Zhejiang Juhua) and Dongyue Group Ltd. (Dongyue Group) will launch new HFC-134a production lines in 2012. Nowadays, Dongyue Group's new production line of HFC-134a with 10,000t/a is in the process of commissioning and will be launched in July or Aug. 2012. Simultaneously, Zhejiang Juhua's new production line of HFC-134a with 30,000t/a will also be launched step by step. Secondly, the production cost of HFC-134a will remain lower. Since the oversupply of TCE will continuously intensify, the price of TCE in China will keep falling in the future. Simultaneously, affected by the fatigued market of downstream products, especially the fluoride refrigerants and fluoropolymers, the future price of AHF will also keep low in the next two months.

Source: China Fluoride Materials Monthly Report 1206

http://www.cnchemicals.com/Newsletter/NewsletterDetail_241.html

Main content of China Fluoride Materials Monthly Report 1206:

Chi Natural Inv purchases fluorite ore in Mongolia

Yongtai to exploit fluorite ore

Domestic price of HFC-134a to keep falling in the next three months

China provides financial subsidy for energy-efficient room air conditioners again

China launches the first stage of HCFC-141b elimination

The US new trade policies affect domestic electronic grade HF

China to break the global monopoly by Dupont in PVF film production

Domestic PTFE price decreases sharply in May

Domestic PVDF hollow fiber membrane to expand its application on urban sewage water treatment

Fujian Bote to construct production line of inhalation anesthetics

Morita Chemical to expand investment on lithium ion battery electrolyte in China

Import and Export analysis of fluoride chemicals in China in April 2012

China Fluoride Materials Monthly Report, a monthly publication issued by CCM International on 20th of every month, covers the sectors on policy & legislation, company dynamic, supply & demand, price update, etc. of China’s fluoride material market. It will help you follow the dynamic throughout the whole value chain immediately.

About CCM International

CCM International is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM International offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_1119.html

Chinese Fluoropolymer Industry Attracts More and More Foreign Investment

The Chinese government has promulgated some policies and legislations, such as the Guided Catalogue for Industrial Structure Adjustment (2011) and the 12th Five-year Development Plan of China Fluorine Chemical Industry (2011-2015), to encourage the development of fluoropolymer industry in China. CCM International’s April Issue of China Fluoride Materials Monthly Report also indicates that driven by the booming market, resource advantage and Chinese government's encourage, Chinese fluoropolymer industry attracts more and more foreign investment in resent years. Especially in Chinese PVDF industry, some multinationals have planned to invest in it and  it will maintain rapid growth in the 12^th  Five-year Plan Period.

Simultaneously, driven by the soaring price and tight supply of fluorite from 2010 to 2011, many fluoride companies are seeking for upstream integration. In March 2012, Dongyue Group claimed that the company is in the process of acquiring two mining areas' exploration licenses in Wulate Middle Banner, Bayannaoer City, Inner Mongolia. In addition, Zhejiang Yongtai released that the company had completed the acquisition of 20% share of Yongfei Chemical, who is specialized in the manufacturing and sale of HF.

 

However, influenced by the depression of economy at home and abroad, the market situation of fluorine chemical downstream industries is dismal, which leads to the week demand for most fluorite chemicals from January to March 2012. In March 2012, the prices of most fluorite chemicals keep falling.

How will China's PVDF industry develop during the 12^th Five-year Plan Period? What is import situation of domestic PTFE fiber? How about the price trend of domestic PTFE? What was the import and export situation of fluoride chemicals in China in Feb. 2012? You might find all answers in April Issue of China Fluoride Materials Monthly Report.

The latest issue covers:

-Zhejiang Juhua planed to construct an HFC-125 production line with capacity of 10,000t/a with Honeywell International's production technique.

-The average price of aluminum fluoride in China remains low and it's unlikely to rise in a short time.

- Domestic price of HFC-134a will fall slightly in the second quarter of 2012.

- In 2011, DFD achieves USD16.58 million of operating profit, doubling that in 2010 and LiPF6 has been its new point of profit growth in the future.

- ANOKY plans to purchase Color Root Hubei, which is the only fluorine-containing reactive dyes producer in China.

… …

China Fluoride Materials Monthly Report only costs you USD 2,325 per year. And it’s in big promotion now. If you subscribe during 15th Apr. 2012 and 15th May. 2012, you can get one year with 2 extra free issues. If you need more information about it, please feel free to contact us at econtact@cnchemicals.com.

About CCM International

CCM International is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM International offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_c_1061.html

China Fluoride Materials Monthly Report Newly Published

Released at the 2011 annual conference of China Organic Fluorine and Silicone

Material Industry Association, the 12^th  Five-Year Plan of China’s Fluoride Chemical Industry has set a five-year plan which aims to realize USD23.6 billion of output value by 2015, to be tripled compared with that in 2010.

To achieve the target, fluoride companies are suggested to emphasize on developing high value-added products, such as fluoropolymers, ODS substitutes and some other fine chemicals. To guarantee the development of China’s fluorine industry, the Chinese government is expected to implement various measures to protect domestic fluorite resources, including encouraging the development of fluororubber, fluororesin and fluoride fine chemicals; restricting inorganic fluoride chemicals (e.g. HF, AlF3) and HCFCs, PFOS, etc.; eliminating CFCs and inorganic fluoride (e.g. HF, AlF3) production lines with small production capacity, etc. In a word, it is worth paying more attention to China's fluorine industry as its development brings both opportunities and challenges.

CCM International's China Fluoride Materials Monthly Report, newly-launched in January 20^th, 2012, covers sectors on policy & legislation, company dynamic, supply & demand, price update, etc. It will help you follow the dynamic throughout the whole value chain immediately. If you are interested in this newsletter, please do not hesitate to contact us at econtact@cnchemicals.com or 86-20-37616606.

The earlier you subscribe the more benefits you will get.

-From 15th Feb. 2012 to 15th Mar. 2012, you can get one year with 6 extra free issues
-From 15th Mar. 2012 to 15th Apr. 2012, you can get one year with 4 extra free issues
-From 15th Apr. 2012 to 15th May. 2012, you can get one year with 2 extra free issues

Main Contents of first issue of China Fluoride Materials Monthly Report:

-Fluorite resource attracts more investment

-China continues to revoke export quota system for fluorite ore in 2012.

-Phosphorus-fluorine integrated industry to benefit fluorine industry

-China to completely eliminate HCFCs by 2030

-Shanghai 3F benefits from capacity expansion and price rising

-China's global market share for AlF3 shrinks in 2010-2011

-China restricts inorganic fluoride development by rising entry criteria

-India extends anti-dumping duty on China's PTFE for five years

-China's fluoropolymer industry attracts more foreign investment

-Zhejiang Juhua to extend fluoride product portfolio

-Fluoride fine chemical production booming in Fuxin, Liaoning

-LiPF6 production to boom in China

-China still a net exporter of fluoride chemicals

About CCM International

CCM International is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM International offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_c_993.html