The downturn of the sector has proven extremely detrimental to the acidspar market over the past few months, with some prices falling by up to 25% since the start of the year. Although an upturn in the global economy is eventually expected to fuel a rebound in demand, how the HFC market reacts to any pending international legislation will determine how the acidspar market is affected.
Excess capacity has plagued the industry in recent months with prices falling to as low as $290/tonne for certain 97% CaF 2 grades out of China and Mongolia. Uncertainty surrounding the future of fluorocarbons is unlikely to provoke an upturn from these levels.
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