Over the past year, the business has had more allocations than I have seen around my three decades experience. In the past I have seen sharp price increases, and I have experienced several shortages, and delivery problems on account of resin allocations coming from resin companies. This is actually the first instance I have seen all these issues at one time.
Polytetraflouroethylene (TFE) and Kynar - PVDF are both on allocation.
These two resins are in short supply. The PTFE Sheet suppliers product PTFE (TFE) and also PVDF manufacturing requires a mineral called Fluorspar which is mined in Mongolia and China. The worldwide need for this mineral has grown significantly, and the supply has tightened. PTFE materials have high temperature resistance, excellent chemical resistance and really low co-efficient of friction (slippery) and is utilized in a lot of purposes from non-stick fry pans to ptfe tape for home use. This mineral is a crucial raw material in the production of fluoropolymers, fluorolubricants and several refrigerants.This increased demand combined with general shortage of raw materials is responsible for a dramatic price increase (almost double in the last year), shortages, and we expect these two factors to continue in the near future.
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