On October 11, the fluorite commodity index was 100.58, which was the same as yesterday. It was 21.11% lower than the peak of 127.49 points in the cycle (2019-01-03), and 104.39% higher than the low of 49.21 points on December 18, 2016. (Note: Period refers to 2011-09-01 to date)
| PVA 1799 (PVA BF17) |
According to statistics, domestic fluorite prices fluctuated at a low level, with an average price of 2866.67 yuan/ton as of 11 days. Recently, domestic fluorite plants started to operate normally, mines and flotation plants started to operate normally, fluorite supply was sufficient, and hydrofluoric acid prices in the downstream maintained a low level in the near future. For the fluorite market, on-demand purchasing, the situation of fluorite on-site purchasing was poor, and the price of fluorite market was temporarily stable. Recent downstream installation start-up situation is general, fluorite spot supply is sufficient, terminal downstream demand is not improving, resulting in weak market prices. As of November 11, the price of 97 fluorite wet powder in Inner Mongolia was 2600-2800 yuan/ton, the mainstream of 97 fluorite wet powder negotiations in Fujian was 2600-2900 yuan/ton, the price of 97 fluorite wet powder in Henan was 2600-2900 yuan/ton, and the price of 97 fluorite wet powder in Jiangxi was 2600-3000 yuan/ton. Fluorite price trend remained low.
| PVA 1788 (PVA BP17) |
The market price of hydrofluoric acid in the downstream of fluorite is declining. The domestic market price of hydrofluoric acid is 9780 yuan/ton as of the 11th day. The lower 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 decreased. 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 is 12,000-14,000 yuan per ton. The domestic market price trend of R134a maintained low. At present, the market of R134a has entered the off-season. The downstream demand is relatively weak. The start-up rate of many R134a manufacturers has maintained low. However, on-site transaction prices continue to decline, merchants purchase on demand, the end of the peak season, downstream terminal demand only declined but not increased, and the price affected by the fluorite market is at a low level.
Generally speaking, the market of downstream refrigerant industry is declining, and the supply of fluorite market is abundant, 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 maintain a low trend.
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