I. Market Review

According to statistics, the domestic fluorite market price trend was slightly lower this week, with the weekend price of 3093.75 yuan/ton, down 0.4% from 3106.25 yuan/ton at the beginning of the week, up 16.09% year on year, and the recent fluorite price trend was slightly lower.

II. Market Analysis

Products: This week’s domestic fluorite price trend slightly declined, 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 2800-3100 yuan/ton, the mainstream of 97 fluorite wet powder in Fujian is 2900-3200 yuan/ton, the price of 97 fluorite wet powder in Henan is 2900-3100 yuan/ton, and the price of 97 fluorite wet powder in Jiangxi is 2900-3 yuan/ton. 300 yuan per ton, fluorite prices declined.

Industry chain: The market price of hydrofluoric acid in downstream fluorite remained low this week. The factory price of hydrofluoric acid was 11 430 yuan per ton by the end of the week. The low market price of hydrofluoric acid in downstream is a negative factor in the fluorite market, and 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, the production enterprise device is stable, but the pressure of goods is too high, inventory expansion appears to a certain extent, the enterprise aims to make profits to deliver goods. The downstream weakness continues, the peak season of refrigerants has passed, and demand has only decreased but not increased. The price of domestic large enterprises has maintained the level of 17,000-18,000 yuan/ton. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. However, the price of on-site transactions does not change much. Businessmen buy on demand. At the end of the peak season, the demand downstream of the terminal decreases but does not increase. The price affected by the fluorite market is slightly lower.

Industry: This week, the upstream fluorite industry started construction in general, hydrofluoric acid prices declined, 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 to work normally recently, the market price of downstream hydrofluoric acid industry has been declining continuously, and the refrigeration industry has a poor market downstream. Chen Ling, a fluorite analyst with business associations, believes that the price of fluorite will be slightly lower in the later stage, or about 3000 yuan/ton.