Morning Market Update for Domestic Wet Fluorite Powder (September 20, 2026)

I. Key Focus Points

1. The market for 97% wet fluorspar powder is characterized by weak supply and demand, with strong bullish sentiment.
2. The mainstream contract delivered price for anhydrous hydrofluoric acid in September is referenced at RMB 15,050–15,200/ton, while the spot market delivered price is referenced at RMB 15,500–16,000/ton.
3. Major producers maintain firm offers for refrigerant R32, with operating rates near 40–50%.

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

II. Price Table

Notes:

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

III. Market Outlook

The domestic market for 97% fluorspar concentrate powder remained cautious on the previous working day. Overall market sentiment currently leans bearish. With downstream pricing imminent, bearish sentiment is evident. Although pre-holiday atmosphere provides some support, future demand may decline significantly. Mainstream downstream enterprises intend to reduce load rates to digest high inventory levels. Additionally, the sulfuric acid market has declined within a range, alleviating pressure on hydrofluoric acid; however, fluorspar prices have already reached high levels, leaving insufficient support for further increases. Current spot delivered prices across various domestic markets are referenced as follows: Inner Mongolia region at RMB 3,300–3,500/ton; Zhejiang region at RMB 3,500–3,600/ton; Jiangxi and Fujian regions at RMB 3,800–3,850/ton; Shandong region at RMB 3,550–3,600/ton; Northwest region at RMB 3,400–3,450/ton; Henan and Anhui regions at RMB 3,400–3,450/ton. As of publication time, the mainstream delivered price for domestic fluorspar wet powder is referenced at RMB 3,300–3,850/ton.

IV. Data Table

Note:
Production profit margin is industry-wide data reflecting the overall profitability situation across mainstream regions, calculated as the ratio of industry profit to average price.