Morning Market Briefing: Domestic Wet Fluorspar Powder

I. Key Highlights

1. Market sentiment for 97% wet fluorite powder remains cautious, with limited trading activity across the board.
2. The mainstream contract delivered price for anhydrous hydrogen fluoride (AHF) in October is referenced at CNY 14,500–14,800/ton. In the Shandong market, the mainstream contract delivered price for AHF is referenced at CNY 14,760–15,000/ton.
3. Quotations from major manufacturers for R32 refrigerant remain firm, while operating rates hover around 40–50%.

Core Logic: Recent days have seen cautious wait-and-see attitudes among fluorochemical raw material participants. Overall supply remains tight in the short term; however, persistent demand weakness continues to weigh on market sentiment.

II. Price Table

Note:

1. Prices listed are reference values based on mainstream negotiations.
2. Prices are inclusive of VAT and quoted on a delivered basis. Unit: CNY/ton.
3. Price fluctuations are compared against the closing prices of the previous trading day.

III. Market Outlook

The domestic market for 97% fluorite concentrate remained generally sluggish yesterday. Strong wait-and-see sentiment prevailed, with mixed expectations regarding price movements. In northern markets, cold temperatures have increased production and transportation costs on the supply side. Although downstream buyers have some stockpiling demand, most lack sufficient absorption capacity, leading to prolonged supply-demand tug-of-war. In southern markets, bearish factors dominate. Profit margins for hydrofluoric acid producers are already thin, and high sulfuric acid prices further squeeze profitability, directly limiting upward momentum for fluorite prices.

Current spot delivered price references by region:

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

As of press time, the mainstream delivered price range for domestic 97% wet fluorite powder is CNY 3,300–3,750/ton.

IV. Data Table

Note:
Production profit margin reflects industry-wide data, indicating the overall profitability status in mainstream regions. It is calculated as the ratio of industry profit to average selling price.