SunSirs: The Domestic Spot Supply of Fluorite has Increased Recently
March 03 2023 09:17:50
Latest price of fluorite (March 1): 2981.25 RMB/ton, bearish in the future
Key points of analysis: the one-day price fell by 2.25% on the first day. Recently, the operating rate at the domestic supply side has risen. With the temperature rising, some units have started to restart, and the spot supply of fluorite has increased. However, mining enterprises are facing increasingly stringent safety and environmental protection requirements, resulting in insufficient commencement of fluorite mines. The shortage of raw materials has restricted the production of fluorite enterprises, and the decline of fluorite has been restrained. The supply of fluorite has increased, and the procurement is scarce. The market price of hydrofluoric acid in the downstream has declined, and the price trend of fluorite in the market has declined.
Aftermarket forecast: the supply of raw fluorite ore is still tight in the near future, but the purchasing sentiment of downstream hydrofluoric acid enterprises is not high. In addition, the supply of fluorite increases due to the gradual commencement of some units, and the market price of fluorite will decline in the short term.
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