Throughout the last year, the business has had more shortages than I've come across around my over 25 years of experience. In the past I have seen sharp price increases, and I have witnessed several shortages, and delivery issues caused by resin allocations through resin manufacturers. This is the very first time I have seen all these issues at one time.
PTFE Sheet (TFE) and Kynar - PVDF are both on allocation.
Both of these resins are in short supply. The PTFE Sheet suppliers product PTFE (TFE) and PVDF manufacturing requires a mineral called Fluorspar that is mined in Mongolia and China. The world requirement for this mineral has increased significantly, and the supply has tightened. PTFE materials have high heat resistance, excellent chemical resistance and extremely low co-efficient of friction (slick) and is utilised within a great deal of purposes from non-stick fry griddles to ptfe tape for personal use. This specific mineral is actually a key raw materials in the manufacturing of fluoropolymers, fluorolubricants and a lot of refrigerants.This surge in demand mixed with shortage of raw materials is responsible for a dramatic price increase (almost double during the last year), shortages, and we expect both these factors to keep at it in the near future.
Monday, March 8, 2021
What is causing the Teflon Products and PVDF Price Increases.
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