Texas, USA:聽Over the past few months, global economic conditions and volatility in the global market have been exerting pressure on Fluorspar price dynamics. Limited operating rates of manufacturing firms, coupled with environmental inspection guidelines, have exacerbated market challenges for Fluorspar. Additionally, ongoing vessel shortages and congestion issues have pushed Asia-Europe spot prices beyond USD xx,xxx/FEU due to the Red Sea crisis and increased nautical miles, leading to higher transportation costs for Fluorspar.
Since the Dragon Boat Festival, the Fluorspar market in China has slowly resumed. On-site merchant inventories have remained low, and sales have been average. Downstream hydrofluoric acid manufacturers have primarily purchased based on immediate needs, leading to a slight decline in hydrofluoric acid prices. This trend has also impacted the Fluorspar market, which has experienced a sluggish recovery. The cautious purchasing behavior of hydrofluoric acid manufacturers, coupled with low inventory levels, has contributed...
