Recently, the price trend of domestic fluorite has increased. As of the 21st, the average price of domestic fluorite was 3118.75 yuan/ton, an increase of 2.04% compared to the 14th price of 3056.25 yuan/ton, and a year-on-year increase of 12.64%.

Supply side: Difficulty in starting raw ore production, shortage of fluorite in stock

The current situation of the game in the domestic fluorite industry still exists, and overall, the operating rate of enterprises remains low. The main reason is that upstream mining is tight, backward mines will continue to be phased out, new mines will be added, and mineral investigation work is still difficult. In addition, mining enterprises are facing increasingly strict safety and environmental requirements, and some mines are undergoing safety hazard inspections. The difficulty of operating fluorite mines has increased, and the shortage of raw materials has restricted the operation of fluorite enterprises, As a result, it is difficult for fluorite flotation enterprises to improve their operations, and the spot supply of fluorite is tight, which has affected the price trend of the fluorite market.

On the demand side: The price of hydrofluoric acid is rising, and the refrigerant market is temporarily stable

The price trend of domestic hydrofluoric acid has increased, and the mainstream price of hydrofluoric acid discussed by various regions in China has increased to 9400-9900 yuan/ton. Recently, some devices are still in shutdown, and the spot supply of hydrofluoric acid has not changed much. The order situation of manufacturers’ hydrofluoric acid is normal. Recently, the sulfuric acid market price has significantly increased, which has affected the hydrofluoric acid market. The rise in hydrofluoric acid price to some extent supports the rise of fluorite market.

The market for terminal downstream refrigerant products remains low, and the operating rate of the refrigerant industry has slightly decreased. In addition, the refrigerant market has experienced a long-term downward trend, and the load of refrigerant R22 manufacturers is not high. Downstream procurement needs to follow up, and the demand peak season is gradually turning weak. Currently, overseas export orders have not significantly improved, and the price of R22 has slightly decreased. The domestic R134a manufacturers are operating at low loads, and the price trend of R134a is temporarily stable. Some companies have a strong reluctance to sell, and there is currently no mentality to sell low-priced orders. Currently, the demand for consumer orders has not significantly improved, and the market quotations for refrigerant R134a are mostly in the range of 24500 to 25500 yuan/ton. The market situation in the downstream refrigerant industry has not changed much, but the refrigerant operating rate remains low. For upstream on-demand procurement, it has to some extent limited the price increase in the fluorite market.

In addition to the traditional demand of the refrigerant industry, fluorite, as an important mineral raw material in 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 in fields such as national defense and nuclear industry, including lithium hexafluorophosphate, PVDF, graphite negative electrodes, photovoltaic panels, etc. With the demand driven by new energy and semiconductor industries, fluorite applications have received certain support, and the fluorite market has risen.

Future Market Forecast: Recently, there has been an increase in imported fluorite mines from Mongolia, easing some of the tension in domestic fluorite mines. However, it is difficult to improve the supply of domestic fluorite mines, coupled with the rising trend of the hydrofluoric acid market, the industry maintains high expectations for pricing in September. The refrigerant quota plan has recently stimulated the market, and hydrofluoric acid companies hold an optimistic attitude towards the later stage. Chen Ling, an analyst at Business Society, believes that the price of fluorite will still mainly rise in the later stage.