1. Mainstream market
Fluorite powder prices continued to rise last week, and tight supply was the main factor supporting the price increase. The support of cargo holders’ sentiment of being reluctant to sell goods also benefits the market to a certain extent. Downstream companies all reported low inventories and there is still support on the demand side.
2. Key factors affecting current market price changes
Demand: Some downstream companies have low raw material inventories this week, and there is still demand for external mining of fluorite powder. The positive support on the demand side is still there.
Supply: The start-up of the dressing plant during the week is expected to have limited fluctuations, and cargo holders have insufficient intention to ship. The tight market supply situation is likely to continue.
Downstream prices: The prices of anhydrous hydrofluoric acid and aluminum fluoride are expected to improve this week, and the price of bulk orders is likely to rise, which will provide good support for the price of fluorite powder.
3. Trend prediction
The prices of downstream anhydrous hydrofluoric acid and aluminum fluoride are expected to improve this week, and downstream companies are still in need of replenishment of raw materials, so it is difficult to increase supply. It is expected that the price of fluorite powder will still remain high.
Post time: Sep-11-2023
