This week, the domestic fluorite price trend has risen. As of the weekend, the average domestic fluorite price was 3462.5 yuan/ton, an increase of 2.40% from the beginning of the week price of 3381.25 yuan/ton, and a year-on-year decrease of 8.13%.

Supply side: Limited mining operations and tight supply of fluorite

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. Although the rectification action is coming to an end, the affected area has not narrowed. The difficulty of fluorite mining operation 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. With the supply shortage combined with the winter storage season, the atmosphere of rising prices in the fluorite market is strong.

Demand side: Hydrofluoric acid price increase helps refrigerant market rise

Domestic major manufacturers have raised the pricing of 10% hydrofluoric acid. Recently, the mainstream price of hydrofluoric acid in various regions of China has increased to 10500-11000 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 more than 50% of hydrofluoric acid production has started. The pricing of hydrofluoric acid major factories has increased, which is a positive support for the domestic fluorite market. This week, fluorite prices have risen.

The downstream refrigerant market is on the rise, and the demand for summer after-sales service is rapidly digesting. The inventory will continue to be depleted throughout the year. Fluorine chemical enterprises within quota control have strong confidence in maintaining stable prices in the refrigerant market. Currently, the prices in the foreign trade market are gradually increasing, and upstream products are mainly purchased on demand. The market for some refrigerant products has risen, which has led to a rebound in the domestic fluorite market.

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 still has support.

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 major positive support for the fluorite market. Recently, the downstream refrigerant product market has risen, and the downstream hydrofluoric acid market has risen, which supports the price increase of the domestic fluorite market.