The market atmosphere is volatile, with ongoing tug-of-war between supply and demand.

1. Daily Summary

① The domestic fluorspar market remains in a wait-and-see mode with limited upside potential. The mainstream price for 97% wet powder is currently referenced at RMB 3,300–3,850/ton.

② The mainstream contract price for anhydrous hydrofluoric acid (AHF) for September is tentatively referenced at RMB 15,050–15,200/ton, while the spot market price is referenced at RMB 15,500–16,000/ton.

2. Spot Market Overview

Table 1: Domestic Fluorspar Price Summary (Unit: RMB/ton)

Data Source: Chempricehub Information

The information landscape for the domestic 97% fluorspar concentrate market is complex today. Market sentiment is mixed, with notable divergence between northern and southern regions. Feedback from the northern market indicates rising freight costs, suggesting that delivered prices may see a narrow increase while ex-factory prices remain relatively stable. In contrast, although overall supply in the southern market is less abundant than in the north, expectations of a decline in hydrofluoric acid prices are exerting pressure on fluorspar sellers' efforts to maintain prices. Current reference delivered spot prices across various domestic markets are as follows: Inner Mongolia at RMB 3,300–3,400/ton; Zhejiang at RMB 3,500–3,600/ton; Jiangxi and Fujian at RMB 3,700–3,800/ton; Shandong at RMB 3,500–3,600/ton; Northwest China at RMB 3,250–3,350/ton; and Henan and Anhui at RMB 3,250–3,350/ton. As of press time, the mainstream delivered price for domestic 97% fluorspar wet powder is referenced at RMB 3,300–3,800/ton.

3. Production Dynamics

The monthly capacity utilization rate for anhydrous hydrofluoric acid in August was 56%.

4. Price Forecast

Bullish sentiment prevails in the fluorspar market, though upside potential is limited. The anhydrous hydrofluoric acid market continues to receive strong support from cost factors.

5. Related Products Status

Anhydrous Hydrofluoric Acid (AHF) Market:
The domestic AHF market remains in a wait-and-see mode today. There is a clear divergence in sentiment between the north and south. In the northern market, participants report persistent tightness in supply, yet there is significant leverage-driven speculation. Expectations for continued contraction in future demand coexist with forecasts that small-to-medium capacity production will gradually resume. The southern market remains sluggish. Although sulfuric acid prices have been falling continuously, batch maintenance shutdowns of sulfuric acid units scheduled for October and November are expected to provide rebound momentum after the holiday period. As of press time, the mainstream delivered price for domestic AHF in September is referenced at RMB 15,050–15,200/ton, while the spot market price is referenced at RMB 15,500–16,000/ton.

Sulfuric Acid:
Today, the Chempricehub index for 98% sulfuric acid stood at RMB 1,400/ton, unchanged from yesterday, aligning with morning expectations. The domestic sulfuric acid market continues its weak trend. In Yunnan province, the market maintains its downward trajectory. Local acid plants have generally maintained stable production recently; however, affected by persistently low prices in surrounding regions, orders from outside the province have contracted significantly, weakening external support. Last week, acid plants in Honghe Prefecture took the lead by cutting prices by RMB 50/ton, driving down the regional transaction center. Today, major acid plants followed suit with a further reduction of RMB 100/ton, while Honghe plants cut prices again by RMB 90/ton, intensifying downward pressure on regional prices. Trading activity in the Hebei sulfuric acid market is sparse today, with slow shipment rhythms. Low-priced supplies from Henan continue to impact the local market, causing some downstream customers to shift procurement to neighboring areas, thereby diverting sales volume from Hebei producers. Increased inflow of low-priced supplies from outside the region further squeezes the shipping space for local enterprises. Market wait-and-see sentiment is rising, putting pressure on actual transaction negotiations. Overall, the national sulfuric acid market remains weak, and short-term trends are likely to continue this bearish pattern.

Refrigerants:
Based on the bulk water market in East China, offers from major fluorocarbon refrigerant R134a manufacturers in East China remain firm, consistent with morning market expectations. As of press time, offers from major East China manufacturers are referenced at RMB 65,000–70,000/ton (coordinated for domestic and export trade), while mainstream market offers in East China are referenced at RMB 63,500–65,000/ton (ex-factory, tax-inclusive), also consistent with morning expectations. Market intelligence suggests that R134a offers from mainstream factories in East China remain high and firm. Contract negotiations with original equipment manufacturers (OEMs) are progressing positively. Low-cost inventory in distribution channels has largely been cleared, and remaining quota allocations among tail-end factories are limited, pushing the transaction center higher. According to automotive industry statistics, new energy vehicles (NEVs) accounted for 60.6% of total new vehicle sales in August. In August 2026, NEV production and sales reached 1.653 million and 1.643 million units respectively, representing year-on-year increases of 18.9% and 17.8%, solidifying the dominant position of NEVs with a record-high monthly sales share. News reports indicate that the fluorocarbon refrigerant market continues to adhere to the "anti-involution" policy, with rigid quota supply leading to scarcity. Offers for both domestic and export trades remain coordinated at high levels. Chempricehub anticipates that major manufacturers in East China will maintain firm pricing, and the short-term R134a refrigerant market will consolidate at high levels.