Within the last year, the industry has had more allocations than I've come across around my 3 decades experience. In the past I have seen sharp price increases, and I have seen several shortages, and delivery issues resulting from material allocations coming from resin suppliers. This is the very first occasion I have seen all these issues at the same time.
Polytetraflouroethylene (TFE) and PVDF both are on allocation.
This pair of resins are in short supply. The PTFE - Polytetrafluoroethylene product PTFE (TFE) as well as Kynar-PVDF manufacturing requires a mineral called Fluorspar that is mined in Mongolia and China. The world demand for this mineral has increased significantly, as well as the supply has tightened. PTFE materials have high heat resistance, excellent chemical resistance and very low co-efficient of friction (slick) and is used in tons of applications from non-stick fry cookware to ptfe tape for personal use. This particular mineral is actually the crucial raw material inside the production of fluoropolymers, fluorolubricants and a lot of refrigerants.This escalating demand combined with general shortage of raw materials is mainly responsible for a dramatic price increase (almost double within the last year), shortages, and we expect these two factors to stay in affect in the near future.
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Friday, April 30, 2021
Why is there TFE and PVDF long lead times
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