Morning Market Update for Domestic Fluorite Wet Powder

I. Key Points

1. Market sentiment for 97% wet fluorspar powder remains strongly bearish, with limited purchasing activity.
2. The mainstream contract delivered price for anhydrous hydrofluoric acid in October is referenced at CNY 14,500–14,800/ton; in the Shandong market, it is referenced at CNY 14,760–15,000/ton.
3. Quotations from major producers for refrigerant R32 remain firm, with operating rates near 40–50%.

Core Logic: Sentiment in the fluorine chemical feedstock sector has recently cooled. Although shutdowns by large northern producers have stimulated the market, they cannot change the fundamental contradiction of oversupply.

II. Price List

III. Market Outlook

Yesterday, the domestic market for 97% fluorspar concentrate was generally sluggish. Most participants have completed their phased procurement, leading to a downward shift in trading focus compared to earlier periods. Demand-side participation remains weak. On one hand, end-user demand has weakened; although there has been a recent recovery in mainstream downstream markets, this does not alter the trend of weakening end-demand. On the other hand, the sulfuric acid market still faces expectations of a rebound (this rebound is driven by significant supply contraction due to concentrated maintenance shutdowns of production units, rather than a recovery in downstream demand or autumn fertilizer season), which inversely suppresses potential gains in fluorspar prices. Current spot delivered prices across various domestic regions are referenced as follows: Inner Mongolia at CNY 3,300–3,400/ton; Zhejiang at CNY 3,500–3,600/ton; Jiangxi and Fujian at CNY 3,700–3,750/ton; Shandong at CNY 3,550–3,650/ton; Northwest China at CNY 3,400–3,450/ton; Henan and Anhui at CNY 3,450–3,500/ton. As of press time, the mainstream delivered price for domestic wet fluorspar powder is referenced at CNY 3,300–3,750/ton.

IV. Data Table