ChemAnalyst Data Pvt Ltd

  Fluoropolymers (PTFE) Prices : During the Quarter Ending December 2023 North America: Fluoropolymers (PTFE) pricing in North America maintained its upward trajectory throughout Q4, witnessing a notable hike of 10.45% from the previous quarter. The surge in prices was fueled by increased import costs from overseas markets and robust demand from downstream electronic and related industries. Notably, the automotive sector exhibited significant buying interest, driven by a growing focus on electric vehicles in the US market. Concurrently, ocean rates to eastern U.S. ports saw a 5.6% increase from the preceding month. Some shippers opted for alternative trade routes, avoiding the Suez Canal due to potential rebel attacks, leading to heightened transportation costs and contributing to the elevated prices of imported PTFE from the Chinese market. The Cost and Freight (CFR) price for PTFE fine powder at the New York port in the USA was evaluated at USD 13,474 per metric ton, marking...