The market for fluorspar has displayed remarkable strength in the first quarter of xxxx due to its status as a base raw material used to produce anhydrous hydrofluoric acid (AHF). Being an important feedstock for AHF production, fluorspar maintains stable market dynamics, sustained by increasing demand from sectors including refrigerants and specialty chemicals. Such demand will continue throughout the year, underpinning a sound basis for fluorspar&#xx;s market performance.
The contribution of fluorspar in the process of manufacturing AHF makes its market conditions directly dependent on changes in the downstream industry. With AHF prices witnessing strong uptrends, mainly because of seasonal highs in refrigerant output, fluorspar is directly benefited from the increase. The refrigeration sector with heavy dependence on refrigerants and other end-users is now heading into their peak season, causing more production and increased demand.
Supply-wise, fluorspar supply is still...
