Over the last year, the market has had more allocations than I have come across within my three decades experience. In the past I have seen sharp price increases, and I have witnessed several shortages, and delivery problems as a result of material allocations from plastic resin manufacturers. This is definitely the very first occasion I have seen all these issues at the same time.
PTFE Rod (TFE) and PVDF both are on allocation.
This pair of resins are in short supply. The PTFE Sheeting product PTFE (TFE) and also PVDF manufacturing requires a mineral called Fluorspar that's mined in Mongolia and China. The world interest in this mineral has risen significantly, as well as the supply has tightened. PTFE materials have high heat resistance, excellent chemical resistance and very low co-efficient of friction (slippery) and is used within a lot of applications from non-stick fry pans to ptfe tape for home use. This specific mineral is a crucial raw material within the manufacturing of fluoropolymers, fluorolubricants and several refrigerants.This surge in demand linked with general shortage of raw materials has caused a dramatic price increase (almost double throughout the last year), shortages, and we expect both these factors to continue in the near future.
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