May 18 News – On May 18, the fluorite market in Zhejiang showed a declining trend. The mainstream ex-works price (including tax) for 97% fluorite powder in wet form is currently reported at 3,400–3,500 RMB per ton. Inventory levels among market participants are moderate, while sales performance remains average. Recently, hydrofluoric acid producers have mainly been purchasing on a demand-driven basis, and the price of hydrofluoric acid has remained stable for now. The market is expected to experience price fluctuations in the near future.
Chempricehub’s assessment of fluorite:
Sentiment score: -1
On May 18, the mainstream ex-works price (including tax) for 97% fluorite powder in wet form in Zhejiang stood at 3,400–3,500 RMB/ton. The market is trending downward, with moderate inventory among traders and generally average sales. Downstream hydrofluoric acid producers are mainly purchasing based on actual demand, offering limited support to the demand side. This exerts a generally mild bearish influence on fluorite spot prices, which are expected to fluctuate in the coming period.
Assessment of fluorite ore:
Sentiment score: -1
Fluorite is the direct downstream processed product of fluorite ore. Given the current weakness in the fluorite market and sluggish sales, demand for upstream fluorite ore is facing corresponding pressure, which generally has a mild bearish impact on fluorite ore prices.
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