The price trend of domestic fluorite is temporarily stable. As of the weekend, the average price of domestic fluorite was 2950 yuan/ton, which is unchanged from the price of 2950 yuan/ton at the beginning of the week, with a year-on-year increase of 13.22%. The recent market demand for fluorite has not changed much, and the price trend of fluorite is temporarily stable.

Supply side: Some fluorite enterprises gradually start up

Recently, the operating rate at the domestic supply side has gradually increased, and recently, enterprises have gradually started construction. The supply of domestic fluorite production enterprises has increased. However, raw material mining enterprises are facing increasingly stringent safety and environmental requirements, resulting in insufficient operation of fluorite mines. The insufficient supply of raw materials is also a major factor affecting the supply of fluorite. Overall, the supply of fluorite enterprises has increased, coupled with the general situation of fluorite shipments, and the price trend of fluorite on the market has temporarily stabilized.

Demand side: Low starting point of hydrofluoric acid market refrigerant

The downstream hydrofluoric acid market price has remained low, with the domestic hydrofluoric acid market price of 9714.29yuan/ton as of the 17th. This week, the price trend has temporarily stabilized. Recently, the domestic hydrofluoric acid market has been weak and stable, with some hydrofluoric acid plants shutting down, and the enthusiasm for upstream fluorite procurement has decreased. In addition, some hydrofluoric acid manufacturers have suffered losses, resulting in temporarily weak purchasing sentiment. The low price of hydrofluoric acid in the market has a negative impact on the upstream fluorite market, and the fluorite market price remains low due to this impact.

The market of refrigerant products downstream of the terminal rose slightly, and the operating rate of the refrigerant industry remained low. Some enterprises resumed work and slightly increased the factory price, leading to a slight recovery in the domestic refrigerant R22 price. The refrigerant R22 manufacturer’s load is not high, inventory is within a reasonable range, and there is a lot of wait-and-see sentiment. Affected by the low price of hydrofluoric acid, the refrigerant industry is under pressure, and the price increase of R22 is limited. The domestic R134a manufacturers operate at low load, and the price trend of R134a has increased slightly. However, currently, demand based procurement is the main trend. Downstream enterprises are not starting high, and traders are in a strong wait-and-see mood. Currently, the market quotation for refrigerant R134a is mostly in the range of 25500-26500 yuan/ton, and some enterprises have not yet resumed production. Due to the impact of light refrigerant delivery, the market for downstream R134a has slightly increased. Recently, procurement in the downstream refrigerant industry is not active, with a operating rate of less than 30%. For upstream raw materials, procurement is mainly based on demand, and the price trend of fluorite market is temporarily stable.

In addition to the traditional demand of the refrigerant industry, fluorite is an important mineral raw material in modern industry, and the demand in emerging fields is developing. Fluorite is also used in strategic emerging industries such as new energy and new materials, as well as in fields such as national defense and nuclear industry, including lithium hexafluorophosphate, PVDF, graphite negative electrodes, photovoltaic panels, and so on. With the demand in new energy and semiconductor fields pulling, the fluorite market still has some support in the long run.

Future Forecast: In the short term, the demand for fluorite will not change much, and downstream hydrofluoric acid companies will mainly purchase on demand. In addition, the start of the refrigerant industry will remain sluggish. However, the recent supply of fluorite ore is very tight, and the production cost of fluorite is supported. It is expected that the market price of fluorite will remain stable in the short term.