① The domestic fluorspar market is characterized by strong wait-and-see sentiment, with limited upside potential. The mainstream price for 97% wet fluorspar powder in the domestic market is referenced at 3,300–3,750 CNY/ton.
② The mainstream contract price for downstream anhydrous hydrofluoric acid (AHF) for October is tentatively referenced at 14,500–14,800 CNY/ton.
Table 1: Domestic Fluorspar Price Summary (Unit: CNY/ton)
| Market | Specification | Oct 20 | Oct 21 | Change |
|---|---|---|---|---|
| Inner Mongolia | 97% Wet Powder | 3,300-3,400 | 3,300-3,400 | 0/0 |
| Zhejiang, Jiangsu | 97% Wet Powder | 3,500-3,600 | 3,500-3,600 | 0/0 |
| Jiangxi, Fujian | 97% Wet Powder | 3,700-3,750 | 3,700-3,750 | 0/0 |
| Shandong | 97% Wet Powder | 3,550-3,650 | 3,550-3,650 | 0/0 |
| Ningxia, Qinghai | 97% Wet Powder | 3,400-3,500 | 3,400-3,500 | 0/0 |
| Henan, Anhui | 97% Wet Powder | 3,400-3,500 | 3,400-3,500 | 0/0 |
| Key Downstream Markets | ||||
| East China | Anhydrous Hydrofluoric Acid | 14,500-14,800 | 14,500-14,800 | 0/0 |
Data Source: Chempricehub Information
The domestic market for 97% fluorspar concentrate remains generally weak today. Participant sentiment varies across the industry. Production status at major downstream enterprises remains uncertain, while pressure from the raw material side continues to increase. Regional price disparities are evident. In northern markets, fluorspar shipments are sluggish, leading to cross-regional transfers of some inventory. Meanwhile, southern markets are squeezed by sulfuric acid costs, showing limited acceptance of high-priced goods, resulting in restricted supply flow to downstream users. Current delivered spot prices in various domestic regions are referenced as follows: Inner Mongolia at 3,300–3,400 CNY/ton; Zhejiang at 3,500–3,600 CNY/ton; Jiangxi and Fujian at 3,700–3,750 CNY/ton; Shandong at 3,500–3,600 CNY/ton; Northwest regions at 3,250–3,350 CNY/ton; Henan and Anhui at 3,250–3,350 CNY/ton. As of publication time, the mainstream delivered price for domestic 97% wet fluorspar powder is referenced at 3,300–3,750 CNY/ton.
The monthly capacity utilization rate for anhydrous hydrofluoric acid (AHF) in September was 57%.
The fluorspar market faces significant upward pressure but has limited room for further gains in the short term. The AHF market is strongly supported by cost factors.
Anhydrous Hydrofluoric Acid (AHF) Market:
Today’s domestic AHF market is dominated by a wait-and-see attitude. With the bidding pricing cycle approaching, participants remain cautious. For producers, overall supply remains tight in the short term. Due to attractive profit margins in previous periods, most production facilities have maintained long-term high-load operations, delaying maintenance schedules. This has exacerbated delivery bottlenecks. Simultaneously, the raw material sulfuric acid market is consolidating at high levels, while downstream demand shows weak consolidation. The tug-of-war between supply and demand intensifies. As of publication time, the mainstream delivered price for domestic AHF in October is referenced at 14,500–14,800 CNY/ton, with the Shandong market referenced at 14,760–15,000 CNY/ton.
Sulfuric Acid:
Today, the Chempricehub index for 98% sulfuric acid stood at 1,368 CNY/ton, unchanged from yesterday, consistent with morning expectations. Regional differentiation is pronounced in the national sulfuric acid market. In Hunan province, sulfuric acid is in short supply with rising prices. After multiple price hikes, sales volumes have not been significantly affected, and inventories at acid plants remain persistently low. Additionally, mineral acid units in the region are undergoing maintenance, keeping overall supply tight. This provides strong support for prices, reducing shipping pressure on acid plants and strengthening their resolve to maintain prices. Today, regional prices rose again by 150–200 CNY/ton. On the demand side, downstream enterprises maintain procurement based on rigid needs. Acceptance of current market prices within the region is reasonable, with no obvious resistance; restocking is primarily done on an as-needed basis. Traders show strong purchasing enthusiasm, and external shipments are smooth. Amidst tight supply, market trading activity is vigorous. However, fertilizer demand in surrounding areas has softened, which may constrain future trends. Currently, the Hunan sulfuric acid market is heavily influenced by external conditions, and short-term trends are expected to remain bullish. In Henan province, some units in the Jiyuan area remain under maintenance and have not resumed production, keeping acid plant inventories low and supporting local prices. In the Sanmenxia area, production runs smoothly with normal shipping rhythms, and the latest tender prices from mid-sized acid plants have increased compared to the previous period. From a demand perspective, overall requirements from the phosphate fertilizer industry are weak, with strong wait-and-see sentiment and cautious procurement pacing, reflecting heavy market maneuvering. Looking ahead, domestic acid prices are expected to consolidate within a narrow range.
Refrigerants:
Based on the bulk liquid market in East China, quotes from major fluorocarbon R134a manufacturers in the region remain firm, aligning with morning market expectations. As of publication time, quotes from mainstream major manufacturers in East China are referenced at 65,000–70,000 CNY/ton (coordinated domestic and foreign trade), while mainstream market quotes in East China are referenced at 63,500–65,000 CNY/ton (ex-factory tax-inclusive), also consistent with morning expectations. Market intelligence indicates that quotes from mainstream factories in East China for R134a remain high and firm. OEMs are negotiating contract orders at elevated levels. Low-cost channel inventory has been largely cleared, and remaining quota allocations for tail-end factories are minimal. Production quotas for H2 2026 continue to increase, keeping the focus of intra-market transactions firm. News suggests that the fluorocarbon refrigerant market continues to adhere to "anti-involution" policies, with rigid quota supplies creating scarcity. Domestic trade quotes remain high and firm, while overseas markets have seen slight corrections but remain resiliently high. Chempricehub forecasts that mainstream major manufacturers in East China will maintain firm quotes, and the short-term R134a fluorocarbon refrigerant market will consolidate at high levels.
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