Morning Market Update for Domestic Wet Fluorite Powder (September 18, 2026)

I. Key Points

1. The market for 97% wet fluorspar powder is characterized by weak supply and demand, yet there are strong expectations of price increases.
2. For anhydrous hydrofluoric acid (AHF), the mainstream contract delivered price for September is referenced at RMB 15,050–15,200/ton, while the spot market delivered price ranges from RMB 15,500–16,000/ton.
3. Major producers have maintained firm offer prices for refrigerant R32, with operating rates hovering around 40–50%.

Core Logic: Sentiment in the fluorine chemical raw materials sector has recently cooled. Although shutdowns at major northern plants have stimulated the market, they are insufficient to alter the fundamental contradiction of oversupply.

II. Price Table

Notes:

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

III. Market Outlook

Yesterday, the domestic market for 97% fluorspar concentrate exhibited strong wait-and-see sentiment. Overall market atmosphere remains bearish as downstream customers prepare for pricing, with clear negative sentiment prevailing. Although pre-holiday factors provide some support, future demand is expected to decline significantly. Mainstream downstream enterprises intend to reduce loads to digest high inventory levels. Additionally, sulfuric acid prices have dropped within a range, alleviating pressure on HF production; however, since fluorspar prices are already at high levels, there is insufficient support for further price increases. Current spot delivered price references across domestic regions are: Inner Mongolia RMB 3,300–3,500/ton; Zhejiang RMB 3,500–3,600/ton; Jiangxi and Fujian RMB 3,750–3,850/ton; Shandong RMB 3,550–3,600/ton; Northwest region RMB 3,400–3,450/ton; Henan and Anhui RMB 3,400–3,450/ton. As of press time, the mainstream delivered price for domestic wet fluorspar powder is referenced at RMB 3,300–3,850/ton.

IV. Data Table

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