In October 2015, China’s fluorochemical market continued the downturn, all bottom prices in fluorite (CaF2>97%), AHF (99.95%), R22 and PTFE.
LiPF6, one of the fine fluorochemicals, stood out of this sluggish market. By early October, its price was 12.50% higher than that in January.
This mainly can be attributed to the rapid growth in the emerging alternative energy vehicle industry. Supported by a series of government policies, this alternative energy vehicle industry will maintain high-speed development in the next few years. Foreseeable, ups will be seen in both the sales price and sales volume of LiPF6 in 2016.
Expectedly, the premium fine fluorochemicals also showed upward trends, including electronic grade HF, high performance fluororubber and new fluorine-enriched materials. In the 13th Five-year Plan (2016-2020), China’s fluorochemical industry is set to enter the crucial transformation and upgrading stage. By 2020, it is expected that fluorochemical industry can present more rational structure (the improvement of the ‘overcapacity in low-end and deficiency in high-end’ status quo), more scientific growth pattern, more significant development potential and more powerful ability to cope with risks, after 5 years of independent innovation, technology improvement and supply extension.
