Morning Market Update: Domestic Wet Fluorite Powder

I. Key Points

1. The market for 97% wet fluorite powder is awaiting clear guidance from multiple sources before trends solidify.
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. Quotations from major producers for R32 refrigerant remain firm, with operating rates hovering around 40–50%.

Core Logic: Market participants in fluorochemical raw materials are adopting a cautious wait-and-see approach. While short-term supply remains tight, continuously declining demand is weighing on sentiment.

II. Price Table

III. Market Outlook

Yesterday, the domestic market for 97% fluorite concentrate was characterized by intense negotiation and hesitation. Participants adopted a wait-and-see attitude, closely monitoring developments among major northern producers while debating future operational strategies. Most stakeholders hold a bearish view on the long term, leading to conflicted sentiment. Although suppliers are inclined to maintain prices, downstream acceptance capacity is limited. Demand continues at a steady consumption pace, but buyers maintain pressure to lower prices. Consequently, market volatility is expected to remain limited in the near future. Current spot delivered prices across domestic markets are as follows: Inner Mongolia CNY 3,300–3,400/tonne; Zhejiang CNY 3,600–3,700/tonne; Jiangxi and Fujian CNY 3,700–3,800/tonne; Shandong CNY 3,550–3,650/tonne; Northwest China CNY 3,400–3,450/tonne; Henan and Anhui CNY 3,450–3,500/tonne. As of press time, the mainstream delivered price for domestic wet fluorite powder is referenced at CNY 3,300–3,800/tonne.

IV. Data Table