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SunSirs: Inquiries Increased and Fluorite Led the Fluorine Chemical Industry Market

June 03 2020 14:02:22     SunSirs (John)

Price trend

According to the monitoring of SunSirs, the price of domestic fluorite has risen, and the decline in the two months since May 25th has ended. The price of fluorite rose from 2,577.78 RMB/ton on May 25 to 2,666.67 RMB/ton on June 2, an increase of 3.45%.


Analysis review   

The price of fluorite rebounded at the bottom. The biggest positive factor was the increase in domestic enquiries. Some manufacturers reflect the recent increase in orders for fluorite, stimulated by the increase in enquiries, domestic fluorite manufacturers are in a strong mood, the price of fluorite is ready to go, and the prices on the floor are gradually rising. Domestic fluorite manufacturers are operating steadily, mines and flotation devices in the yard are operating normally, and the shipment situation in the fluorite yard has improved, and the fluorite market prices have risen slightly. The price of the downstream hydrofluoric acid market has picked up recently, and the terminal downstream mainly purchases on demand. As of the 2nd day, the price of 97 fluorite wet powder in Inner Mongolia was 2,500-2,700 RMB/ton, and the mainstream of 97 fluorite wet powder in Fujian was 2,600- 2,800 RMB/ton, the price of 97 fluorite wet powder in Henan region is 2,600-2,800 RMB/ton, and the price of 97 fluorite wet powder in Jiangxi region is 2,600-2,800 RMB/ton. Recently, domestic fluorite merchants have been bullish, and the fluorite market has an upward trend.

Fluorite's downstream hydrofluoric acid market price trend remained low. As of June 2, the domestic hydrofluoric acid market price was 8,630 RMB/ton. The hydrofluoric acid market price started to rise slightly on the 28th. The downstream hydrofluoric acid market price was affected by fluorite The market price support rose slightly, and the hydrofluoric acid market price lags behind the fluorite market, and the price of fluorite leads the rise of fluorine chemical products.

Recently, the sales in the automotive industry have improved compared to the previous period, but the market trend of the downstream refrigerant market is still sluggish. There is no obvious improvement in the demand for refrigerants. The foreign economy continues to recover and the export of refrigerant terminals may improve. However, the domestic air-conditioning industry starts to operate at a low level, and after-sales service demand is weak. Overall, foreign demand may usher in a rise. At present, refrigerant R22 manufacturers have low load, stocks are in a reasonable range, and market prices are still volatile, while market prices have no market situation. The price of R22 in domestic large enterprises is 15,500-17,000 RMB/ton. The domestic R134a market price trend has declined, and the operating rate of production equipment of manufacturers has remained low. The current downstream construction is not high. The demand for R134a has been quiet. Recently, the downstream industry has not been actively purchasing, prices have dropped slightly, and downstream demand has not improved significantly , and the growth rate of the fluorite market is subject to certain restrictions.


Market outlook

On the whole, the market of the downstream refrigerant industry has not improved significantly, but recently the hydrofluoric acid merchants have reported that the hydrofluoric acid products are still at a loss stage, and prices have increased due to the support of raw materials. SunSirs believes that the price of the fluorite market will increase slightly in the short term due to the increase in enquiries, but the increase may be limited.


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