In Dec. 2024, fluorite prices experienced minor fluctuations but remained generally stable. the price of AHF showed a weak downward trend. The price of R22 continues to maintain an upward trend. Companies' quotations remain firm, while downstream demand is slightly weaker.
Important market dynamics in Dec. 2024
- On 30 Dec., 2024, Tonze New Energy Technology Co., Ltd. announced that the "30,000 t/a LiPF6" project will be postponed.
- On 11 Dec. 2024, China Kings Resources Group Co., Ltd. that it will expands investment in Mongolia fluorite project.
- On 26 Nov., 2024, Shenzhen Capchem Technology Co., Ltd. released an announcement regarding its investment in Jiangxi Shilei Fluorine Material Co., Ltd.
The USD/RMB exchange rate in this newsletter is USD1.00=RMB7.1865 on 3 Dec., 2024, sourced from the People's Bank of China. All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.
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