Summary：
This article is a report on the fluorochemical industry. In terms of enterprises, many Fluorine chemical companies in China have obtained patents related to fluorine technology. Regarding industry information, the new energy battery business of Do-Fluoride Chemicals Co., Ltd. is expanding well. However, its performance was under pressure in the first three quarters of 2024, and it is expected to improve in the fourth quarter. Market tracking shows that recently, the price of Hydrogen fluoride in China and polytetrafluoroethylene has increased. In terms of trading prices, the price of lithium hexafluorophosphate has declined, while the price of fluorite has risen. The fluorochemical industry is supported by national policies. The government may introduce policies to promote innovation and upgrading of enterprises. Meanwhile, the trends of China Fluoride Material price and the development of Refrigerant Industry in China also need to be paid attention to.
Industry Developments：
Several Fluorine chemical companies in China have obtained patents related to fluorine technology. -CCM Fluorine Industry News/Reports
On November 2nd, Wuhan Jianghan Chemical Design Co., Ltd. obtained a patent for "A Fluorine Absorption Mechanism for Phosphoric Acid Hemihydrate Reaction", which can improve the efficiency of fluorine absorption.
On November 5th, Nantong Jinxing Fluorochemical Co., Ltd. applied for a patent for "A Preparation and Conveying Device for Lithium Fluoride", which can enhance the safety and effectiveness of the device during the preparation and transportation of lithium fluoride.
On November 4th, Xunshi Technology (Suzhou) Co., Ltd. obtained a patent for "A Uniform Extrusion Mold for Fluorine Materials", which can achieve the uniform extrusion of materials inside the device.
On November 5th, Shandong Juhuan Packaging Materials Co., Ltd. applied for a patent for "An Automatic Conveying Equipment for Fluorinated Bottles", which helps to improve production efficiency.
On November 6th, Fujian Zhongxin Fluoride Materials Gaobao Technology Co., Ltd. obtained a patent for "A Tail Gas Water Washing Tower", which makes it convenient to remove and replace the packing layer plates for cleaning.
Industry Information：
According to the CCM industry research report, China Fluorine companies like the new energy battery business of Do - Fluoride Chemicals Co., Ltd. are actively expanding the market. Its Fluoride Core Batteries have attracted the attention of leading enterprises such as Chaowei Group, Aima, and Jinpeng with their safety and high cost - performance ratio, occupying more than 30% of the market share of electric tricycle power batteries.
Zhongyuan Securities conducted research on Do - Fluoride Chemicals Co., Ltd. and released a report. In the first three quarters of 2024, the performance of Do - Fluoride Chemicals Co., Ltd. continued to be under pressure in the short term, but it is expected that the profitability in the fourth quarter will improve on a month - on - month basis. -CCM Industry Information
According to the information from Tonghuashun Finance, in the fluorochemical market during the week from October 28th to November 3rd, [Hydrogen fluoride in China] price increased by 4.21% and the price of polytetrafluoroethylene increased by 7.14%. -CCM Industry Tracking
Trading Price Trends (From the CCM Industrial Monthly Report) :
Affected by the release of production capacity, the operating rate of the lithium hexafluorophosphate industry fluctuates around 55%. As of November 5th, 2024, the high - frequency average price of the lithium hexafluorophosphate industry in 2024 is 62,500 yuan per ton, a year - on - year decrease of 52.08% compared with the average price in 2023. The price on November 5th is 55,000 yuan per ton, which is at a relatively low level in recent years.
As of November 2nd, 2024, the price of fluorite is 3,525 yuan per ton, an increase of 1.62% compared with last week.
China hydrogen fluoride and other fluorine - related products play an important role in the industry. And as an important part of the national strategic emerging industries, the fluorochemical industry will continue to receive support from national policies.
Based on the observations of the market by the CCM market intelligence platform, the government may introduce relevant policies to encourage Fluorine chemical companies in China to increase their investment in technological innovation, promote industrial upgrading, and improve the overall competitiveness of China's fluorochemical industry.
In addition, the price trends of China Fluoride Material price and the development of Refrigerant Industry in China also need to be closely watched as they are closely related to the overall situation of the fluorochemical industry.
About CCM:
CCM is the leading market intelligence provider for China’s agriculture, chemicals, food & feed and life science markets. Founded in 2001, CCM offers a range of content solutions, from price and trade analysis to industry newsletters and customized market research reports. CCM is a brand of Kcomber Inc.
For more information about CCM, please visit www.cnchemicals.com or get in touch with us directly by emailing econtact@cnchemicals.com or calling +86-20-37616606.