Anhydrous Hydrogen Fluoride costs firm on tight fluorspar supply of RMB 3,300–3,750/ton

I. Key Points

1. The market for 97% wet fluorspar powder is currently influenced by multiple factors, with participants awaiting further developments.
2. For November, the mainstream contract delivered price for anhydrous hydrogen fluoride (AHF) is referenced at RMB 15,300–15,650/ton. In the Shandong market, the mainstream contract delivered price for AHF is referenced at RMB 15,500–15,600/ton.
3. Major producers of fluororefrigerant R32 maintain firm offer prices, with operating rates hovering around 40–50%.

Core Logic: Chemical fluorine feedstock markets have recently adopted a cautious wait-and-see approach. Overall supply remains tight in the short term; however, sustained weakening demand continues to weigh on market sentiment.

II. Price List

III. Market Outlook

Last week, domestic competition intensified in the 97% fluorspar concentrate market. During this period, downstream hydrogen fluoride tenders were priced, with the pricing center rising by RMB 500–1,100/ton, concentrating mainly between RMB 15,300 and 15,650/ton. This broad increase boosted the willingness of fluorspar traders to hold firm prices. Additionally, there are expectations of a significant decline in supply-side operating rates in the near future, particularly as mine operations face constraints due to annual quotas. However, downstream acceptance of high prices remains limited, leading to divergent sentiments between northern and southern regions. The supply-demand tug-of-war awaits further development.

Current spot delivered prices across major domestic markets are referenced as follows:

• Inner Mongolia: RMB 3,300–3,400/ton
• Zhejiang: RMB 3,500–3,600/ton
• Jiangxi & Fujian: RMB 3,700–3,750/ton
• Shandong: RMB 3,550–3,650/ton
• Northwest: RMB 3,400–3,450/ton
• Henan & Anhui: RMB 3,450–3,500/ton

As of publication time, the mainstream delivered price for domestic wet fluorspar powder is referenced at RMB 3,300–3,750/ton.

IV. Data Table