Morning Market Brief: Domestic Wet Fluorite Powder

I. Key Observations

1. Market sentiment for 97% wet fluorite powder has cooled across the board, with participants awaiting further direction.
2. The mainstream contract delivered price for anhydrous hydrogen fluoride in November is referenced at RMB 15,300–15,650/ton. In the Shandong market, the mainstream contract delivered price is referenced at RMB 15,500–15,600/ton.
3. Major producers maintain firm offers for refrigerant R32, with operating rates hovering around 40–50%.

Core Logic: Fluorochemical feedstock markets are currently characterized by cautious wait-and-see attitudes. While overall supply remains tight in the short term, continuously declining demand is weighing on market psychology.

II. Price List

Notes:

1. Prices listed are mainstream negotiation reference prices.
2. Prices listed are delivered, tax-inclusive prices. Unit: RMB/ton.
3. Price changes are compared to the previous trading day's closing prices.

III. Market Outlook

Yesterday, the domestic market for 97% fluorite concentrate powder was dominated by a strong wait-and-see sentiment. Major downstream enterprises in northern regions issued announcements regarding the resumption of production and operations; however, their fluorite inventories have accumulated to high levels. Consequently, cautious observation among both suppliers and buyers has intensified. Prior to this, the market exhibited a pattern of falling prices in the north and rising prices in the south. Although suppliers largely hold back sales due to reluctance to sell low, future support from the supply side is expected to be limited. While there is some restocking demand from downstream users, consumption due to operating rates is expected to contract significantly.

Current spot delivered prices in various domestic markets are referenced as follows:

• Inner Mongolia: RMB 3,300–3,400/ton
• Zhejiang: RMB 3,600–3,700/ton
• Jiangxi & Fujian: RMB 3,700–3,800/ton
• Shandong: RMB 3,450–3,550/ton
• Northwest Regions: RMB 3,400–3,450/ton
• Henan & Anhui: RMB 3,450–3,500/ton

As of press time, the mainstream delivered price for domestic wet fluorite powder is referenced at RMB 3,300–3,800/ton.

IV. Data Table

Note:
The production profit margin is industry-level data reflecting the overall profitability status across major regions, calculated as the ratio of industry profit to average price.