January 9th News: On January 9th, the fluorite plant at Hongteng in Guanyang County operated stably. The manufacturer raised the price of fluorite by 50 yuan/ton to 3,500 yuan/ton. Merchant inventories are low, and the recent operating rate of refrigerants is not high. The price of hydrofluoric acid has increased, and prices are expected to fluctuate in the later period.
Chempricehub Analysis:
Fluorite, Bull-Bear Score: 1
The article points out that the spot price of fluorite has increased by 50 yuan/ton to 3,500 yuan/ton. Merchant inventories are low, supply is tight, which is favorable for prices. The rise in hydrofluoric acid prices, as a downstream product, provides cost support. However, the low operating rate of refrigerants may reduce demand, leading to price fluctuations in the later period. Overall factors are mainly favorable, with a score of generally favorable.
Refrigerant, Bull-Bear Score: -1
The recent operating rate of refrigerants is not high, demand is weak, which is unfavorable for prices. The rise in hydrofluoric acid prices may increase production costs, but insufficient demand is the dominant factor, and prices are expected to face pressure. The score is generally unfavorable.
Hydrofluoric Acid, Bull-Bear Score: 0.5
The rise in hydrofluoric acid prices reflects increased demand or costs, which is favorable for prices. The increase in fluorite raw material prices provides support, but the low operating rate of refrigerants may limit downstream demand growth, resulting in a neutral-to-favorable impact. The score is slightly favorable.