The domestic fluorite market rose in September, with an average price of 3497.5 yuan/ton as of the end of the month, an increase of 7.0% from the end of the month price of 3268.75 yuan/ton and a year-on-year increase of 3.63%.
Supply side: Low mining operation, tight supply of fluorite

The current situation of the game in the domestic fluorite industry still exists. Overall, the operating rate of enterprises is relatively normal. 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 operating rate of fluorite enterprises. The operating rate of some mines in the south is relatively low, and the supply of fluorite enterprises in the field is tight. In addition, the market’s bullish expectations have led to an increase in the reluctance of holders to sell, making it difficult to find low-priced sources of goods. Fluorite mining enterprises choose factories and hold up prices to sell. With the decrease in temperature in the north, the winter shutdown period for mines and beneficiation plants in the northern region is approaching, and the market supply is further tightening, leading to an upward trend in the fluorite market in September.
Demand side: Hydrofluoric acid prices rise, refrigerant market rises
In August, the domestic price of hydrofluoric acid rose, and the mainstream price of hydrofluoric acid in various regions of China was negotiated at 11000-11700 yuan/ton. The downstream hydrofluoric acid equipment is still in shutdown, 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 hydrofluoric acid enterprises are in a loss making state. In the new month, the pricing of hydrofluoric acid major factories has increased significantly, which has increased the enthusiasm for purchasing fluorite. This news has affected the fluorite price market, which has risen sharply.
The downstream refrigerant market continues to rise, and the refrigerant industry is strengthening its terminal policies. Demand is expected to achieve substantial improvement, and fluorine chemical enterprises within quota control have strong confidence in raising prices in the refrigerant market. Currently, the pace of purchasing at high prices is relatively slow, but the good inventory of the industry is orderly transmitted, and upstream products are mainly purchased on demand. The trend of refrigerant market has increased, and the fluorite market has risen.
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 and undergone safety inspections. The tight supply of fluorite mines is a positive support for the fluorite market, with a clear mentality of buying up rather than buying down, and strong reluctance among holders to sell; In addition, the supply of fluorite in the northern region will become tighter in the later stage, and the downstream market for hydrofluoric acid and refrigerants will be stronger. However, hydrofluoric acid enterprises will mainly purchase according to demand. Overall, the fluorite market price trend will continue to rise in the short term.