I. Market Review

According to statistics, the domestic fluorite market price declined slightly this week. The weekend price was 2877.78 yuan/ton, down 0.38% from 2888.89 yuan/ton at the beginning of the week, up 7.41% year on year. Recently, the fluorite price has slightly decreased.

II. Market Analysis

Products: This week’s domestic fluorite price trend continued to decline, mainly due to the imbalance between domestic supply and demand, the recent downstream hydrofluoric acid and refrigerant industry for fluorite demand has declined, the end of the peak season of the refrigerant industry, fluorite market is poor, and fluorite plant start-up rate maintained high, but the downstream demand situation. Generally, the spot supply of fluorite is sufficient, and the price of fluorite is on the decline. By the end of the weekend, the price of 97 fluorite wet powder in Inner Mongolia is 2600-2900 yuan/ton, the mainstream of 97 fluorite wet powder in Fujian is 2700-2900 yuan/ton, the price of 97 fluorite wet powder in Henan is 2700-3000 yuan/ton, and the price of 97 fluorite wet powder in Jiangxi is 2700-3 yuan/ton. The price of fluorite declined slightly when the price of fluorite dropped by 1000 yuan per ton.

Industry chain: The market price of hydrofluoric acid in downstream fluorite fell slightly this week. The factory price of hydrofluoric acid was 10 320 yuan/ton by the end of the week. The market price of hydrofluoric acid in downstream fluorite fell by 0.48% this week. The decline of market price of hydrofluoric acid in downstream fluorite is a big negative factor in the fluorite market. The domestic fluorite market was affected by the decline. Recent downstream refrigerant market trading market is general, domestic refrigerant R22 market shocks down, from the market supply point of view, refrigerant R22 market continues to be weak, manufacturers reduce the start-up load, market supply capacity has decreased, inventory pressure has been buffered. On the demand side, downstream air-conditioning manufacturers’overhaul showed no increase in demand, and the price of domestic large enterprises fell to 1250-14000 yuan/ton. The domestic market price of R134a has declined, the start-up rate of production enterprises has remained low, the market demand for refrigerants has decreased, and manufacturers mainly export their products. However, on-site transaction prices continue to decline, merchants purchase on demand, the end of the peak season, downstream terminal demand only declined, hydrofluoric acid market prices declined. However, on-site transaction prices are lower, merchants purchase on demand. Recently, due to the normal supply of goods and poor downstream demand, the price trend of hydrofluoric acid market continues to decline.

Industry: This week, the upstream fluorite industry started construction in general, hydrofluoric acid prices continued to decline, fluorite products on the spot supply is sufficient, the market is poor, fluorite market prices slightly lower.

3. Future Market Forecast

In the future, the domestic fluorite plant has started normal recently, the market price of downstream hydrofluoric acid industry keeps falling, and the market of downstream refrigeration industry is worse. Chen Ling, a fluorite analyst at business associations, thinks that the price of fluorite will be slightly lower in the later stage, or about 2800 yuan/ton.