What's the reason for the Teflon and Kynar Price Increases.
Within the last year, the market has had more allocations than I have seen within my three decades experience. In the past I have seen sharp price increases, and I have observed several shortages, and delivery problems stemming from material allocations by resin suppliers. This is actually the very first occasion I have seen all these issues at one time.
Polytetraflouroethylene (TFE) and Kynar are both on allocation.
This pair of resins are in short supply. The PTFE - Polytetrafluoroethylene product PTFE (TFE) and also Kynar manufacturing requires a mineral called Fluorspar that's mined in Mongolia and China. The world interest in this mineral has grown significantly, as well as the supply has tightened. PTFE materials have high heat resistance, excellent chemical resistance and incredibly low co-efficient of friction (slippery) and is utilized in dozens of applications from non-stick fry pans to ptfe tape for personal use. This specific mineral is actually the essential raw material within the production of fluoropolymers, fluorolubricants and a lot of refrigerants.This rise in demand joined together with general shortage of raw materials is responsible for a dramatic price increase (almost double over the last year), shortages, and we expect these two factors to keep at it in the near future.
Comments
Post a Comment