I. Market Review

According to statistics, the domestic fluorite market price declined in September. The price at the end of the month was 2866.67 yuan/ton, down 6.30% from 3056.25 yuan/ton at the beginning of the month, up 5.68% year on year. Recently, the fluorite price has continued to decline.

II. Market Analysis

Products: Domestic fluorite prices declined in September, mainly due to the unbalanced domestic supply and demand, the normal domestic fluorite supply, but the downstream hydrofluoric acid and refrigerant industry for fluorite demand has declined, the end of the peak season of the refrigerant industry, fluorite market is poor, and fluorite plant start-up rate maintained high, but the downstream demand situation is general, the spot supply of fluorite in the field. Adequate, the price of fluorite on the farm is lower, and near the National Day holiday, some downstream factories in the northern region limit production, the demand for fluorite on the upstream is weakening, and the price of fluorite is constantly falling. By the end of the month, the price of 97 fluorite wet powder in Inner Mongolia area was 2600-2900 yuan / ton. In Fujian area, the mainstream of 97 fluorite wet powder negotiation was 2700-2900 yuan / ton, while the price of 97 fluorite wet powder in Henan area was 2700-3000 yuan / ton, and the price of 97 fluorite wet powder in Jiangxi area was 2700-3000 yuan / ton, and the price of fluorite continued to decline.

Industry chain: In September, the market price of hydrofluoric acid in the downstream of fluorite was lower. The factory price of hydrofluoric acid was 1,050 yuan/ton at the end of the month. In September, the overall decline of hydrofluoric acid was 6.34%. The downstream market price of hydrofluoric acid was a big negative factor in the fluorite market, and the domestic fluorite market was affected lower. Recent downstream refrigerant market trading market is poor, 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 cushioned. On the demand side, downstream air-conditioning manufacturers’overhaul showed no increase in demand, and the price of domestic large enterprises fell to 1250-14000 yuan/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 only declined, hydrofluoric acid market prices declined. However, the on-site transaction price is lower and the merchants purchase on demand. Recently, due to the normal supply of goods and poor downstream demand, the price trend of fluorite market continues to decline.

Industry: In September, the upstream fluorite industry started construction in general, hydrofluoric acid prices continued to decline, fluorite products on the spot supply is sufficient, the market is poor, on-site inventory increased, fluorite market prices fell.

3. Future Market Forecast

In the future, the domestic fluorite plant has started normal recently, the market price of downstream hydrofluoric acid industry hasn’t improved, and the refrigeration industry has not improved. Chen Ling, a fluorite analyst at business associations, thinks that the price of fluorite will be lower slightly in the later period, or about 2800 yuan/ton.