Domestic Fluorspar Wet Powder Market Morning Briefing (September 11, 2026)

I. Highlights

1. Across the market, the 97% fluorspar wet powder market is weak on both supply and demand, yet bullish sentiment is strong.

2. The mainstream contract delivered price for anhydrous hydrofluoric acid in September is quoted at 15,050–15,200 yuan/t, while the spot market delivered price is quoted at 15,500–16,000 yuan/t.

3. Offers from major fluorinated refrigerant R32 producers remain firm, with operating rates at around 40–50%.

Core logic: Sentiment in fluorochemical raw materials has softened recently. Although the shutdown of a major producer in the north has stimulated the market, it cannot change the fundamental contradiction of oversupply.

II. Price Table

III. Market Outlook

Yesterday, the domestic 97% fluorspar fine powder market was dominated by a strong wait-and-see stance. At present, the market is mainly focused on delivering contract orders, and participants hold divergent views. Some believe the current level is the market high and expect no deep decline, so they are actively releasing cargo; others are committed to buying on dips, but the overall cost of replenishment continues to rise. Given expectations that demand will weaken later, participants are reluctant to enter the market. Current domestic spot delivered prices by region are as follows: Inner Mongolia 3,300–3,500 yuan/t; Zhejiang 3,500–3,600 yuan/t; Jiangxi and Fujian 3,750–3,800 yuan/t; Shandong 3,550–3,600 yuan/t; the Northwest 3,400–3,450 yuan/t; Henan and Anhui 3,400–3,450 yuan/t. As of press time, mainstream delivered prices for domestic fluorspar wet powder are 3,300–3,800 yuan/t.

IV. Data Table