I. Key Points

1. The market for nationwide 97% wet fluorspar powder exhibits weak supply and demand, yet bullish sentiment remains strong.
2. In September, the mainstream contract delivered price for anhydrous hydrofluoric acid is referenced at 15,050–15,200 CNY/ton, while the spot market delivered price is referenced at 15,500–16,000 CNY/ton.
3. Major producers of refrigerant R32 maintain firm offers, with operating rates hovering around 40–50%.

Core Logic: Sentiment in the fluorine chemical raw materials sector has recently cooled. Although shutdowns by major northern plants have stimulated the market, they are unlikely to change the fundamental contradiction of oversupply.

II. Price Table

Note: 1. Prices listed are mainstream negotiation reference prices.
2. Prices listed are tax-inclusive delivered prices. Unit: CNY/ton.
3. Price fluctuations are compared to the previous trading day's closing price.

III. Market Outlook

Yesterday, the domestic market for 97% fluorspar concentrate powder was characterized by strong wait-and-see sentiment. Current market atmosphere is mixed; participants are considering multiple factors, but the overall outlook remains bearish. Northern markets face abundant supply, but due to considerations regarding oil prices, sellers have limited room for concessions. Conversely, southern markets exhibit stronger bearish sentiment, potentially influenced by hydrofluoric acid trends, though overall supply there is tight, leading to continued bargaining between buyers and sellers.

Current regional spot delivered price references:

• Inner Mongolia: 3,300–3,500 CNY/ton
• Zhejiang: 3,500–3,600 CNY/ton
• Jiangxi/Fujian: 3,800–3,850 CNY/ton
• Shandong: 3,550–3,600 CNY/ton
• Northwest regions: 3,400–3,450 CNY/ton
• Henan/Anhui: 3,400–3,450 CNY/ton

As of press time, the mainstream delivered price for domestic wet fluorspar powder ranges from 3,300 to 3,850 CNY/ton.

IV. Data Table