On June 25, 2012, the Ministry of Industry and Information Technology of the People's Republic of China promulgated the list of the first batch of fluorite production lines, which meets the Standard for China’s Fluorite Industry Admittance. It means that China has formally carried out the integration of fluorite resources, which will benefit the export control of fluorite, improve the efficiency of fluorite utilization and promote the development of high value-added products of fluorine chemical.
On July 9, 2012, the Central Government of the People's Republic of China issued a policy, namely the Development Plan of Energy-Saving and New-Energy Vehicles Industry (2012-2020). In order to popularize the application of energy-saving and new-energy vehicles, the Chinese government will provide more support, such as financial subsidies, to the scientific research on vehicle technologies and some core auto parts, the construction of charging station for BEV and PHEV, the encouragement on small-displacement vehicles, etc. This new policy is going to promote the rapid development of BEV and PHEV, which will greatly increase the demand of LiPF6 in China.
In addition, influenced by the depression of economy both at home and abroad, the market situation of fluorine chemical downstream industries was still dismal and the prices of some fluorine chemicals slumped in June 2012.
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Based on more than 10-year expertise, CCM International is dedicated to providing customers with customized services of China’s fluorine market. If you need a full understanding and in-depth analysis of this industry, the market report presents you the most comprehensive view. Related market reports include: Survey of Fluorine Industry in China (Edition 2), Fluorine Industry Survey in China (Edition 1).
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