China - Fluorspar17 Dec 2017 15:25
I believe the significance of China is being missed here.
It is the stricter environmental legislation in China that has seen production decrease ''by as much as 20%, impacting prices and adding to a general worldwide production turndown''
This has resulted in continuing price pressure on fluorspar which is an essential raw material in HFC production.
Thus, as the world’s largest HFC producer, Chinese price rises are having worldwide impact and hence the beauty of buying into TYM at this level.
Take this as an example though obviously is on the upper level ''In addition to the R32 increase, R410A has reportedly risen by 16% to around $4500/ton.''
DYOR! :-)