What caused the Teflon and Kynar extended delivery times

by Gary S. Bitcoin & Crypto News & Reviews

Within the last year, the market has experienced more shortages than I've come across during my 3 decades experience. In the past I have seen sharp price increases, and I have experienced several shortages, and delivery problems because of resin allocations coming from resin suppliers. This is actually the first instance I have seen all these issues at the same time.

PTFE Sheet (TFE) and PVDF both are on allocation.

These two resins are in short supply. The PTFE Sheet suppliers product PTFE (TFE) along with PVDF manufacturing requires a mineral called Fluorspar which is mined in Mongolia and China. The worldwide interest in this mineral has grown significantly, along with the supply has tightened. PTFE materials have high heat resistance, excellent chemical resistance and really low co-efficient of friction (slippery) and is utilised within tons of purposes from non-stick fry griddles to ptfe tape for personal use. This particular mineral is a critical raw materials in the manufacturing of fluoropolymers, fluorolubricants and many refrigerants.This increased demand joined together with general shortage of raw materials has caused a dramatic price increase (almost double over the past year), shortages, and we expect these two factors to stay in affect in the near future.