Morning Market Briefing: Domestic Wet Fluorite Powder

I. Key Points

1. Market sentiment for 97% wet fluorspar powder has cooled down across the board, with participants awaiting further guidance.
2. The mainstream contract delivered price for anhydrous hydrofluoric acid 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. Quotations from major producers for fluorocarbon refrigerant R32 remain firm, with operating rates hovering around 40–50%.

Core Logic: Participants in the fluorine chemical raw materials sector are adopting a cautious wait-and-see approach recently. Overall supply remains tight in the short term, but continuously declining demand is affecting market sentiment.

II. Price Table

Remarks:

1. Prices listed above are reference prices for mainstream negotiations.
2. Prices listed above are delivered prices inclusive of tax. Unit: RMB/ton.
3. Price fluctuations are compared against the closing prices of the previous trading day.

III. Market Outlook

Yesterday, the domestic market for 97% fluorspar concentrate exhibited strong wait-and-see sentiment. Market atmosphere for fluorspar has cooled somewhat compared to earlier periods, with both suppliers and buyers cautiously monitoring downstream conditions in northern regions. Although suppliers have maintained a tendency to hold prices firm recently, and there is an expectation that spot supply will decrease later on, downstream demand is also expected to decline. Major downstream refrigerant quotas are nearly exhausted, and demand from new materials industries has also softened, making it difficult for demand to support a market recovery. Current spot delivered price references by region are as follows: Inner Mongolia at RMB 3,300–3,400/ton; Zhejiang at RMB 3,600–3,700/ton; Jiangxi and Fujian at RMB 3,700–3,800/ton; Shandong at RMB 3,450–3,550/ton; Northwest regions at RMB 3,400–3,450/ton; Henan and Anhui at RMB 3,450–3,500/ton. As of publication time, the mainstream delivered price for domestic 97% wet fluorspar powder is referenced at RMB 3,300–3,800/ton.

IV. Data Table

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