According to the analysis of some industry insiders, the price of metallurgical-grade fluorspar in China has risen by more than 10% in just two months. The price increase has been partly attributed to a recovery in the global steel industry, as well as increased purchases of fluorspar by domestic mills. At present, the market demand for metallurgical grade fluorite in China is on the rise. The increase in demand for fluorspar is mainly affected by two aspects: one is the recovery of the steel industry; the other is the increase in demand brought about by the development of the new energy industry. Among them, the recovery of the steel industry is the main reason for the increase in demand for metallurgical grade fluorspar blocks. On a global scale, the steel industry is gradually recovering, which also makes China's steel production capacity continue to increase, which in turn drives the demand for smelting-grade fluorspar blocks.
The development of the new energy industry has also led to an increase in the demand for fluorspar. With the rapid popularization of new energy vehicles, fluorite, as one of the important raw materials, has also been more widely used. In addition, many new energy companies have also begun to enter the fluorspar market, which has also driven the growth of demand for fluorspar to a certain extent.
In addition to the increase in demand, the increase in the market price of fluorspar lump is also related to the decrease in supply. Due to factors such as cost and environmental protection, some fluorspar producers have reduced their output, which has further led to tight supply in the fluorspar market.
Considering various factors, the current fluorspar market is in a state of tension. According to industry analysis, the supply and demand pattern of the fluorspar market is unlikely to undergo major changes in the coming period of time, and the trend of rising prices is expected to remain. Overall, the growth of the metallurgical grade fluorspar market is a turning point for China's manufacturing industry to take another leap forward and continue to move towards high technology under the current world economy. It will provide more high-quality raw materials for major industries and promote China's The manufacturing industry was further upgraded.
Post time: Mar-30-2023