Price trend

The price of domestic fluorite rose. As of December 12, the average price of domestic fluorite was 2,943.75 RMB/ton, 3.09% higher than the price of 2,855.56 RMB/ton at the beginning of the year. Since the beginning of April, the price of fluorite has risen unilaterally. By December 12, the price reached the highest point in the year. Since the middle of September, the fluorite market has risen significantly.

Analysis review

Supply side: raw ore was very tight, and fluorite enterprises were under pressure

The price of domestic fluorite rose. Recently, the supply side operation rate has declined, mining enterprises were facing increasingly stringent safety and environmental protection requirements, resulting in insufficient operation of fluorite mines. Domestic fluorite enterprises were in short supply of raw materials, fluorite enterprises were limited in operation, the spot supply of fluorite was tight, and fluorite prices were rising. Recently, some fluorite mines and flotation started at a low level, fluorite exports rose slightly, and fluorite market prices continued to rise. As of December 12, the price of 97 wet fluorite powder in Inner Mongolia was 2,950-3,050 RMB/ton, the mainstream price of 97 wet fluorite powder in Fujian was 2,900-3,000 RMB/ton, the price of 97 wet fluorite powder in Henan was 2,950-3,050 RMB/ton, and the price of 97 wet fluorite powder in Jiangxi was 2,900-3,050 RMB/ton.

Demand side: the price of hydrofluoric acid rose, and the market of refrigerant was fair

In October, the price of hydrofluoric acid market in the downstream of fluorite rose. As of December 12, the domestic market price of hydrofluoric acid was 10,300 RMB/ton, with a price increase of 3.15%. The rise in the price of hydrofluoric acid market formed a positive support for the upstream fluorite market, and the price of fluorite market rose.

The market of downstream terminal refrigerant products was fair, and the operating rate of the refrigerant industry was maintained. On the 12th, the price trend of refrigerant R22 was temporarily stable, the market supply was normal, and the demand in R22 market applications was guaranteed. The market quotation of R22 was 18,000-20,000 RMB/ton. The domestic R134a price did not change much, the price of trichloroethylene rose, the cost support was still there, and the focus of R134a trading remained stable. On the 12th, the R134a market quotation was between 25,000-27,000 RMB/ton, and the competition for refrigerant industry quota was coming to an end, which also provided a basis for the price increase of the industrial chain.

In addition to the well-known fluorine chemical industry, fluorite, as an important mineral raw material for modern industry, is also used in strategic emerging industries such as new energy and new materials, and in fields such as national defense, military, and nuclear industries, including lithium hexafluorophosphate, PVDF, graphite cathode, and photovoltaic panels. As the demand in the new energy field is driven, the landscape of the fluorite industry chain is improved accordingly.

Market outlook

North fluorite enterprises are about to enter a seasonal production halt period. In addition, the supply of raw ore is very tight recently. The price of hydrofluoric acid in the downstream market is rising, and the demand in the new energy field is driving. Analysts of SunSirs believe that the price of fluorite in the market may continue to rise.

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