December 30th News
On December 30th, the fluorite market in Zhejiang region showed an upward trend. Currently, the mainstream ex-factory tax-included price for 97% fluorite wet powder is quoted at 3,350–3,450 yuan per ton. Inventory among merchants in the market is low, and sales performance is moderate. Recently, hydrofluoric acid manufacturers have been purchasing mainly based on demand. With the price of hydrofluoric acid rising, it is expected that prices will fluctuate in the near term.
Chempricehub Analysis
Fluorite, Bull-Bear Score: +1
The article indicates that the spot price of fluorite has risen to 3,350–3,450 yuan per ton. Low inventory among merchants suggests tight supply, which is favorable for spot prices. At the same time, the rising price of hydrofluoric acid may indirectly stimulate demand for fluorite. However, moderate sales performance in the market and expectations of price fluctuations limit the extent of the positive impact. Considering all factors, the overall assessment is moderately bullish, with a score of +1.
Hydrofluoric Acid, Bull-Bear Score: +1
The article points out that the price of hydrofluoric acid is rising, which directly benefits its spot price. Hydrofluoric acid manufacturers are purchasing mainly based on demand, indicating stable but not significantly amplified demand. Overall, bullish factors dominate, with a score of +1, indicating a moderately bullish outlook.
Comments
0