The domestic fluorite price trend has slightly declined this week. As of the weekend, the average domestic fluorite price was 3741.25 yuan/ton, a decrease of 0.33% from the early week price of 3753.75 yuan/ton and a year-on-year increase of 22.16%.

Supply side: There is little change in the supply of low-level fluorite during mining operations

The current situation of the game in the domestic fluorite industry still exists. Overall, the operating rate of enterprises has not changed much. Upstream mining is tight, backward mines will continue to be eliminated, and new mines will be added. Mineral investigation work is still difficult. In addition, the national department will carry out rectification of fluorite mines in the near future, and fluorite mining enterprises are facing increasingly strict safety and environmental protection requirements. Some mines have conducted safety hazard inspections, and the difficulty of starting fluorite mines has increased. The shortage of raw materials has limited the operating rate of fluorite enterprises. In addition, the impact of high temperature and rainy weather has made it difficult to increase the operating rate of fluorite. The supply of fluorite sources is still tight, and the.

Demand side: Weak demand for hydrofluoric acid, declining production of refrigerants

This week, the domestic hydrofluoric acid market trend has declined, and the mainstream price for hydrofluoric acid in various regions of China is negotiated at 10800-11300 yuan/ton. The downstream hydrofluoric acid market is weak, and some units are still shut down recently. The spot supply of hydrofluoric acid has not changed much, and manufacturers have low orders for purchasing hydrofluoric acid. The price of hydrofluoric acid is dragging down the domestic fluorite market, and some hydrofluoric acid manufacturers are purchasing on demand, causing a slight decline in the domestic fluorite market.

The downstream refrigerant market in the terminal continues to be deadlocked due to poor demand transmission. After entering the off-season of production, the market production demand weakened. In addition, the recent rainy weather has led to poor stocking of refrigerant companies, which has resulted in a lack of enthusiasm for upstream product procurement. The industry has maintained a low level of production, and the market for some refrigerant products has declined. As a result, the fluorite market has slightly declined.

In addition to the traditional demand in the refrigerant industry, fluorite, as an important mineral raw material for modern industry, is constantly developing in emerging fields. It is also applied in strategic emerging industries such as new energy and new materials, as well as defense and nuclear industries, including lithium hexafluorophosphate, PVDF, graphite negative electrode, photovoltaic panel, etc. With the demand driven by new energy and semiconductor fields, fluorite applications have received certain support, and the fluorite market has maintained a high level.

Market forecast: In the near future, it will be difficult to improve the supply of domestic fluorite mines. Large mines will continue to operate for essential needs, while many small and medium-sized enterprises will continue to shut down. The tight supply of fluorite mines is a major positive support for the fluorite market. However, the downstream hydrofluoric acid market trend is declining, and the demand for refrigerants in the downstream industry is gradually weakening. Both long and short factors are affecting the market. Chen Ling, an analyst at Business Society, believes that fluorite prices may slightly fall in the later period.