What is causing the PTFE and Kynar Price Increases.

Throughout the last year, the business has experienced more difficulties than I have seen around my thirty years experience. In the past I have seen sharp price increases, and I have witnessed several shortages, and delivery issues because of material allocations through resin vendors. This is the very first occasion I have seen all these issues at the same time.

Polytetraflouroethylene (TFE) and Kynar are both on allocation.

The two of these resins are in short supply. The  PTFE - Polytetrafluoroethylene product PTFE (TFE) and Kynar  manufacturing requires a mineral called Fluorspar that is mined in Mongolia and China. The worldwide interest in this mineral has risen significantly, and the supply has tightened. PTFE materials have high temperature resistance, excellent chemical resistance and incredibly low co-efficient of friction (slick) and is used within dozens of purposes from non-stick fry pots and pans to ptfe tape for personal use. This mineral is actually the critical raw material inside the manufacturing of fluoropolymers, fluorolubricants and lots of refrigerants.This increased demand linked with shortage of raw materials has caused a dramatic price increase (almost double in the last year), shortages, and we expect these two factors to stay in affect in the near future.

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