1、 Price trend
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The PTFE market continued to operate steadily this week. According to statistics from Business Society, as of April 3rd, the market price of PTFE suspended particles has remained around 36500-50000 yuan/ton.
2、 Influencing factors:
Raw material side: The market price of R22 on the raw material side has risen, putting pressure on high costs. According to the Commodity Market Analysis System of Shengyishe, as of April 3rd, the benchmark price of Shengyishe R22 was 24833.33 yuan/ton, an increase of 2.76% compared to the beginning of this month (24166.67 yuan/ton).
Downstream end: Downstream demand is weak, with rigid procurement being the main focus. A new procurement node is about to arrive, and enterprises still have a wait-and-see mentality.
3、 Future Market Forecast
Business Society’s PTFE analyst believes that the high prices of raw materials support weak downstream demand, and the PTFE market has been operating steadily in the near future.
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