3,3,3-Trifluoropropene

Recent Market Dynamics Intelligence on 1,1,1-Trifluoropropene

I. Price Trends
- Domestic Market: Recently, the domestic market price of 1,1,1-trifluoropropene has shown a slight upward fluctuation. The mainstream transaction price ranges from 28,000 to 32,000 RMB per metric ton, representing an increase of approximately 3% to 5% compared to the same period last month. In some regions, prices have risen slightly to around 33,000 RMB per metric ton due to tight supply.
- International Market: Prices in the international market remain relatively stable but show a slight upward trend due to rising global logistics costs and increased demand in certain regions. Prices in Asia range from 4,000 to 4,500 USD per metric ton, while prices in Europe range from 4,200 to 4,700 EUR per metric ton.

II. Supply Situation
- Domestic Production Capacity: The production capacity utilization of major domestic producers of 1,1,1-trifluoropropene is maintained at approximately 75% to 80%. Some enterprises have experienced reduced capacity due to equipment maintenance or raw material supply issues, leading to a slight decrease in overall market supply.
- Import Situation: Import volumes have remained stable recently. However, due to disruptions in international logistics, the arrival of some imported goods has been delayed, causing a certain impact on short-term domestic supply.

III. Demand Situation
- Downstream Industry Demand:
- Refrigerant Industry: As a primary downstream application area for 1,1,1-trifluoropropene, the refrigerant industry shows stable demand growth. With the arrival of the summer peak for cooling equipment usage, increased demand for refrigerants has driven demand for 1,1,1-trifluoropropene.
- Blowing Agent Industry: Demand for 1,1,1-trifluoropropene in the blowing agent industry has also risen, particularly in the building insulation materials sector, where the demand for environmentally friendly blowing agents has grown significantly, driving market demand for 1,1,1-trifluoropropene.
- Emerging Application Areas: Demand for 1,1,1-trifluoropropene is gradually emerging in new application areas such as electronic specialty gases and pharmaceutical intermediates. Although the current share is small, the growth potential is significant.

IV. Cost Factors
- Raw Material Prices: Prices of key raw materials for 1,1,1-trifluoropropene have fluctuated significantly recently. Prices for raw materials such as hydrogen fluoride have shown an upward trend due to upstream resource supply and environmental policy impacts, increasing production costs for 1,1,1-trifluoropropene.
- Energy Costs: Rising energy prices also place pressure on 1,1,1-trifluoropropene production enterprises. Increased costs for electricity, natural gas, and other energy sources have further pushed up production costs.

Analysis and Judgment
- Supply Side: Due to reduced capacity from some enterprises and delays in the arrival of imported goods, market supply is tight in the short term, providing support for prices. However, in the long term, supply is expected to increase as equipment maintenance concludes and logistics recover.
- Demand Side: Stable growth in downstream industry demand, particularly in the refrigerant and blowing agent sectors, along with the potential release from emerging application areas, will provide continuous momentum for the 1,1,1-trifluoropropene market.
- Cost Side: Rising raw material and energy costs will drive up production costs for 1,1,1-trifluoropropene. Enterprises may pass on this cost pressure by raising product prices.

Forecast
- Price Aspect: In the short term, affected by tight supply and rising costs, market prices for 1,1,1-trifluoropropene will likely remain high, with potential for further slight increases. In the medium to long term, as supply increases and cost pressures gradually ease, prices may stabilize or slightly decline.
- Market Supply and Demand: Over the coming period, the market supply-demand relationship is expected to gradually balance. Supply-side capacity will gradually recover, and import volumes are expected to increase. Demand-side will continue to show stable growth, though the growth rate may be influenced by the macroeconomic environment and industry policies.
- Industry Development Trends: With stricter environmental requirements and the development of emerging application areas, the 1,1,1-trifluoropropene industry will move toward greener, more environmentally friendly, and high-end directions. Enterprises will increase R&D investment, improve product quality and performance, and expand into new application areas to enhance market competitiveness.