The prices of the Fluoropolymer (PTFE) market have remained stable for the APAC region during the third week of March which is guided by balanced supply-demand dynamics, contributing to improved market conditions.

In the Asia-Pacific (APAC) region, the PTFE market is showing stability in the price trend, driven by consistent demand across downstream industries such as pharmaceuticals and semiconductors. The supply has remained sufficient under the new market conditions as there is ample product availability in the market. The approximately 2% decrease in freight rates has improved the trading activities for PTFE across the nation due to which the purchasing activities among the manufacturers have shown improvement. The key players in the pharmaceutical industries have continued to show significant monthly value growth which indicates a stable consumption pattern. Data released by the National Bureau of Statistics (NBS) showed retail sales, a gauge of consumption, rose 4.0% in the January-February period, better than a 3.7% rise in December.

The US market has shown stability in price trend for PTFE in the third week of March despite some berth congestion reported in some of the ports across the country which leads to irregular supply of the product in the market. The demand from the downstream Pharma sector has been consistent as retail sales show signs of improvement due to seasonal factors. The exchange rate of Euro to USD has shown a slight decline in the past week which has eased the trade for the importing countries of PTFE.

In the European market, the price trend for PTFE showed a similar trend to the USA, as the increase in sales in the PTFE market showed improvement over than prior week supporting the price consistency despite some ports across Europe facing multiple delays for several weeks. However, the market has maintained momentum because of stable raw material costs and consistent consumer demand.

According to ChemAnalyst, the PTFE market is anticipated to maintain price stability across key regions, supported by balanced supply-demand dynamics and steady consumption trends. Similarly, in the U.S., despite minor port congestion affecting supply flow, consistent demand from the pharmaceutical industry and improved retail sales due to seasonal factors have upheld market stability. The buying activities will continue to improve among the manufacturers which will increase the demand for PTFE. Stable raw material costs and sustained consumer demand further support the ongoing market equilibrium, keeping PTFE prices steady in the near term.