Morning Market Update on the Domestic Wet Fluorite Powder

I. Key Points

1. The market for 97% wet fluorspar powder showed weak supply and demand across all regions, with strong upward momentum.
2. For anhydrous hydrogen fluoride (AHF), the mainstream contract delivered price 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 manufacturers' quotes for refrigerant R32 remain firm, with operating rates hovering around 40–50%.

Core Logic: Sentiment in fluorine chemical feedstocks 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 List

III. Market Outlook

Yesterday, the domestic market for 97% fluorspar concentrate powder exhibited a strong wait-and-see attitude. With downstream tender pricing approaching, sentiment remained cautious. In the northern market, inquiry activity was robust, and transaction volumes were high; recent transaction centers rose by approximately RMB 50/ton. This increase partly reflects catch-up adjustments and rising freight costs, as actual supply-demand fundamentals do not sufficiently support further gains. Conversely, the southern market shows bearish sentiment, with low enthusiasm for market entry as buyers await pricing guidance from major producers. Current spot delivered prices across domestic regions are referenced as follows: Inner Mongolia RMB 3,350–3,500/ton; Zhejiang RMB 3,500–3,600/ton; Jiangxi and Fujian RMB 3,800–3,850/ton; Shandong RMB 3,550–3,600/ton; Northwest region RMB 3,400–3,450/ton; Henan and Anhui RMB 3,450–3,500/ton. As of press time, the mainstream delivered price for domestic 97% wet fluorspar powder is referenced at RMB 3,350–3,850/ton.

IV. Data Table