Morning Market Update: Domestic Wet Fluorite Powder

I. Key Points

1. The market for 97% wet fluorite powder saw weak supply and demand, with strong upward momentum in pricing.
2. For October, the mainstream contract delivered price of anhydrous hydrogen fluoride is referenced at 14,500–14,800 CNY/ton. In the Shandong market, the mainstream contract delivered price is referenced at 14,760–15,000 CNY/ton.
3. Major manufacturers' quotes for R32 refrigerant remain firm, with operating rates near 40–50%.

Core Logic: Market sentiment for fluorochemical raw materials has recently cooled. Although shutdowns by major northern producers have stimulated the market, they are unlikely to alter the fundamental contradiction of oversupply.

II. Price List

Notes:

1. Prices listed are mainstream reference prices for negotiations.
2. Prices listed are delivered, tax-inclusive prices. Unit: CNY/ton.
3. Price changes are compared against the closing price of the previous trading day.

III. Market Outlook

Yesterday, the domestic market for 97% fluorite concentrate powder exhibited strong wait-and-see sentiment. Currently, spot prices for downstream hydrogen fluoride have risen, leading some fluorite holders to maintain a bullish stance on pricing. However, the sulfuric acid market has shown recent strength, with significant inventory drawdowns in the early period driving quote centers consistently higher. Regional price disparities are evident; particularly in Jiangxi and Fujian, the market is experiencing reverse pressure from the sulfuric acid sector, limiting upward momentum. Downstream users remain bearish on the long term.

Current domestic spot delivered price references by region:

• Inner Mongolia: 3,350–3,500 CNY/ton
• Zhejiang: 3,500–3,600 CNY/ton
• Jiangxi & Fujian: 3,750–3,800 CNY/ton
• Shandong: 3,550–3,650 CNY/ton
• Northwest: 3,400–3,450 CNY/ton
• Henan & Anhui: 3,450–3,500 CNY/ton

As of publication time, the mainstream delivered price for domestic 97% wet fluorite powder is referenced at 3,350–3,800 CNY/ton.

IV. Data Table