The domestic fluorite price trend has slightly increased this week, with an average price of 3628.75 yuan/ton as of the weekend, an increase of 0.35% from the early week price of 3616.25 yuan/ton, and a year-on-year increase of 8.52%.

Supply side: Mining operations are restricted and fluorite supply has not been restored

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, national departments need to rectify fluorite mines, and fluorite mining enterprises are facing increasingly strict safety and environmental protection requirements. The difficulty of operating fluorite mines has increased, and the shortage of raw materials has limited the operation of fluorite enterprises. The supply of fluorite sources is still tight, and the inventory of fluorite enterprises is low. There are many manufacturers on holiday during the Spring Festival, and it has not yet recovered. The fluorite supply is tight, and the fluorite market has slightly risen this week.

Demand side: Stable price of hydrofluoric acid, rising refrigerant market

This week, the price of hydrofluoric acid remained stable, and the mainstream price for hydrofluoric acid in various regions of China has recently been negotiated at 10800-11300 yuan/ton. The downstream hydrofluoric acid units are still shut down, and there is little change in the spot supply of hydrofluoric acid. Manufacturers mainly purchase hydrofluoric acid on demand, and the overall production of hydrofluoric acid remains at more than 50%. Fluorine enterprises maintain essential orders and mainly consume inventory. The price increase of fluorite is limited due to this news.

The downstream refrigerant market is on the rise, coupled with the strengthening of terminal policies in the refrigerant industry, demand is expected to achieve substantial improvement. Fluorine chemical enterprises within quota control have strong confidence in raising prices in the refrigerant market. Currently, the main trend in the foreign trade market is price increases, and upstream products are mainly purchased on demand. The trend of refrigerant market is rising, which has led to a slight increase in domestic fluorite market prices.

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 in national defense, nuclear industry and other fields, including lithium hexafluorophosphate, PVDF、 Graphite negative electrodes, photovoltaic panels, etc., have received certain support in the application of fluorite due to the demand for new energy and semiconductors.

Market forecast: In the near future, it is difficult to improve the supply of domestic fluorite mines, and some mines have stopped production for safety inspections. The tight supply of fluorite mines is a major positive support for the fluorite market. In addition, the downstream refrigerant market is expected to rise, and terminal demand is expected to increase. Overall, the domestic fluorite market price has an upward trend.