The fluorite price trend has remained low. According to statistics, till 7th November, the average price of domestic fluorite is 2,877.78 RMB/t. The domestic fluorite price trend is stable. According to statistics, the domestic price of 97 fluorite wet powder in Inner Mongolia Province is 2600-2900 RMB/t, in Fujian province is 2700-3000 RMB/t, in Henan Province is 2700-3000 RMB/t, and in Jiangxi Province is 2700-2900 RMB/t.
Recently, the domestic fluorite price trend fluctuated at a low level. There are some reasons. First, under the strict inspection from the National Ministry of Environment, fluorite operating rate is not high. In 2019, some of mines and flotation devices in China were forced to shut down, making the supply of fluorite spot keep normal. Some of holding merchants still have the intention to increase price. Domestic fluorite prices have not continued to decline. Second, the northern fluorite producers will be limited due to winter coming. The domestic fluorite supply will further decline, which will support the price. The fluorite price will remain stable. However, downstream price of hydrofluoric acid and refrigerants are at a low level in recent, which has brought about certain negative effects on the domestic fluorite market. Domestic fluorite prices have not improved. Recently, the hydrofluoric acid market and the refrigerant industry have no obvious favorable support. It is expected that it is hard to increase the price of fluorite in the later period.
The market situation of its upstream and downstream is quite fair. The market price of hydrofluoric acid remained low.
Till 7th November, the average price of domestic hydrofluoric acid was 9,640 RMB/t. The demand of domestic hydrofluoric acid market was weak. The domestic mainstream price of hydrofluoric acid in Fujian Province is 9000-9500 RMB/t, in Shandong is 9000-10000 RMB/t, in Jiangxi is 9000-9500RMB/t, in Inner Mongolia is about 8500-9500 RMB/t. The market of hydrofluoric acid is sufficient and the market price is at a low level.
Recently, the operating rate of hydrofluoric acid in China is above 60%. The company reflects that the supply of hydrofluoric acid in the market is sufficient. The recent market conditions are generally light. In the near future, due to the poor downstream demand, associated with higher upstream fluorite price, domestic Hydrofluoric acid manufacturers reflect a serious loss. What’s worse, the good news is insufficient, and the price of hydrofluoric acid does not rise. At the same time, the market for terminal downstream-refrigerant is generally low.
The domestic refrigerant R22 market price remains low. On the supply side, the refrigerant R22 market continues to be weak. The manufacturer's plant reduces the starting load, causing the market supply capacity decreasing, thereby reducing the pressure of high inventory. On the demand side, downstream air conditioner manufacturers are being maintained. Demand reduces. The price of domestic large enterprises is at 1,200-13,000 RMB/t. The domestic R134a market price trend is at a low level. The operating rate of production enterprises is kept at a low level. Demand for refrigerants is decreasing, and the manufacturers are mainly export-oriented. However, the transaction price on the market continued to fall, and the merchants purchased exactly on demand. At the end of the peak season, the demand of terminal downstream is decreasing, and the market price of hydrofluoric acid declined. However, the transaction price in the market was lower, and the merchants purchased on demand. Recently, due to the normal supply of goods, the downstream demand did not improve, and the market price of hydrofluoric acid remained low. Demand in the refrigerant industry has not improved, and it is expected that the market price of hydrofluoric acid will remain low in the later period.
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