Morning Market Outlook for Domestic Wet-Process Fluorite Powder

I. Key Points

1. The market for 97% wet fluorspar powder is awaiting clear directional guidance from multiple factors.
2. For November, the mainstream contract delivered price for anhydrous hydrogen fluoride (AHF) is referenced at CNY 15,300–15,650/tonne; in the Shandong market, the mainstream contract delivered price for AHF is referenced at CNY 15,500–15,600/tonne.
3. Major producers’ offers for refrigerant R32 remain firm, with operating rates near 40–50%.

Core Logic: Recent sentiment in the fluorine chemical feedstock sector remains cautious and watchful. Overall supply remains tight in the short term, but continuously declining demand is weighing on market participants’ psychology.

II. Price List

III. Market Outlook

Yesterday, the domestic market for 97% fluorspar concentrate powder was characterized by intense negotiation dynamics. Sentiment remained highly cautious as market participants awaited developments from major northern producers, leading to hesitation regarding future operations. Most stakeholders hold a bearish outlook for the long term, resulting in conflicted market psychology. While suppliers maintain a stance of holding prices steady, downstream acceptance capacity is limited. Demand continues to be consumed at a certain pace, accompanied by persistent pressure to lower prices. Future market fluctuations are expected to be limited. Current spot delivered prices across domestic markets are referenced as follows: Inner Mongolia region at CNY 3,300–3,400/tonne; Zhejiang region at CNY 3,600–3,700/tonne; Jiangxi and Fujian regions at CNY 3,700–3,800/tonne; Shandong region at CNY 3,550–3,650/tonne; Northwest region at CNY 3,400–3,450/tonne; Henan and Anhui regions at CNY 3,450–3,500/tonne. As of publication, the mainstream delivered price for domestic 97% wet fluorspar powder is referenced at CNY 3,300–3,800/tonne.

IV. Data Table