China’s domestic fluorite market declined on September 2

On September 2, the fluorite commodity index was 104.61, down 2.63 points from yesterday, down 17.95% from the peak of 127.49 points in the cycle (2019-01-03), and up 112.58% from the low of 49.21 points on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, domestic fluorite prices continued to decline, the average domestic fluorite price was 2981.25 yuan/ton as of the 2nd day. Recently, domestic fluorite plants started to operate normally, mines and flotation plants in the field started to operate normally, fluorite supply was sufficient, hydrofluoric acid prices in the downstream continued to decline in the near future. For the fluorite market, on-demand purchasing, fluorite went on the floor. Goods are in poor condition and fluorite market prices are declining. Recent downstream installation start-up situation is general, fluorite spot supply is normal, terminal downstream demand is not improving, resulting in a decline in market prices. As of the 2nd day, the price of 97 fluorite wet powder in Inner Mongolia is 2800-3000 yuan/ton, the mainstream of 97 fluorite wet powder in Fujian is 2900-3000 yuan/ton, the price of 97 fluorite wet powder in Henan is 2900-3000 yuan/ton, and the price of 97 fluorite wet powder in Jiangxi is 2900-3100 yuan/ton. The price of fluorite is declining.

The market price of hydrofluoric acid in downstream fluorite has declined sharply. As of the 2nd day, the domestic market price of hydrofluoric acid is 10 530 yuan/ton. The decline of the market price of hydrofluoric acid has a negative impact on the upstream fluorite market. However, the recent start-up of hydrofluoric acid plant is general, the demand for fluorite has weakened and the price of fluorite has declined. Recent downstream refrigerant market trading market is general, domestic refrigerant R22 market shocks down, from the market supply point of view, refrigerant R22 market continues to be weak, manufacturers reduce the start-up load, market supply capacity has decreased, inventory pressure has been buffered. On the demand side, the downstream air conditioning manufacturers’overhaul, the demand has only decreased but not increased, and the price of domestic large enterprises has dropped to 14,000-15,000 yuan per ton. The domestic market price of R134a has declined, the start-up rate of production enterprises has remained low, the market demand for refrigerants has decreased, and manufacturers mainly export their products. However, on-site transaction prices continue to decline, merchants purchase on demand, the end of the peak season, downstream terminal demand has only decreased but not increased, and the prices affected by the fluorite market continue to fall.

Generally speaking, the downstream refrigerant industry is declining, and the supply of fluorite market is sufficient, and the demand of downstream refrigerant industry is not good. Chen Ling, an analyst of business associations, believes that the price of fluorite market may continue to decline.