Last week, the domestic fluorite price trend fell slightly. As of last weekend, the average domestic fluorite price was 3656.25 RMB/ton, down 1.35% from the price of 3706.25 RMB/ton at the beginning of last week, and down 0.85% year-on-year.

Supply side: Some manufacturers started production and fluorite supply increased

The current situation of domestic fluorite industry game still exists. Overall, the operation rate of enterprises has not changed much. The upstream mining is tense, and backward mines will continue to be eliminated. For new mines, mineral surveys are still difficult. In addition, the state departments need to rectify fluorite mines. Fluorite mining enterprises face increasingly stringent safety and environmental protection requirements. The difficulty of fluorite mines has increased. The shortage of raw materials has restricted the start-up of fluorite enterprises. The supply of fluorite is still tight. However, as the temperature rises, northern enterprises gradually start production, and the supply of fluorite enterprises in the field has increased. The fluorite market fell slightly last week.

Demand side: hydrofluoric acid prices are temporarily stable, and refrigerant market is still good

Last week, domestic hydrofluoric acid prices were temporarily stable, and the mainstream price negotiated by various regions of domestic hydrofluoric acid was 11,200-11,700 RMB/ton. Some downstream hydrofluoric acid units are still in shutdown, and the spot supply of hydrofluoric acid has not changed much. Hydrofluoric acid manufacturers mainly purchase on demand, and the overall operation of hydrofluoric acid remains more than 50%. Hydrogen fluoride companies maintain rigid demand orders, and hydrofluoric acid companies are in a loss-making state. They are not active in purchasing raw material fluorite. Recently, some hydrofluoric acid manufacturers have a downward trend. Affected by this news, the price of fluorite has fallen slightly.

The market situation of terminal downstream refrigerants is still good. The terminal policy of the refrigerant industry has exerted its strength, and demand is expected to increase substantially. Fluorine chemical companies within the quota control have strong confidence in the refrigerant market price. The current high-price purchase rhythm is slow, but the industry inventory is transmitted in a benign and orderly manner. The terminal is less active in stocking due to high prices, and mainly purchases upstream products on demand. The refrigerant market trend is general, and the fluorite market is slightly lower.

In addition to the traditional demand of the refrigerant industry, fluorite, as an important mineral raw material for modern industry, has a growing demand in emerging fields. It is also used in strategic emerging industries such as new energy and new materials, as well as defense and nuclear industries, including lithium hexafluorophosphate, PVDF, graphite anode, photovoltaic panels, etc. With the demand driven by new energy and semiconductors, the application of fluorite has received certain support.

Market Forecast: The supply of domestic fluorite mines is difficult to improve recently. Some mines have stopped production for safety inspections. The tight supply of fluorite mines is a positive support for the fluorite market. However, the lack of active fluorite procurement in some regions has led to an increase in inventory. In addition, the downstream has a serious resistance to high prices. Hydrofluoric acid companies mainly purchase on demand, and demand has not actually increased. Overall, the fluorite market price will fall slightly in the short term.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.