Export prices for Chinese acid grade fluorspar, an essential component of a wide range of fluorochemicals, are steadily rising in line with Chinese domestic prices, industry participants told IM.
Latest published prices for Chinese acidspar stand at $400-420/tonne (wet filtercake, FOB China) and $450-470/tonne (dry basis, CIF US Gulf port), while some traders have quoted levels as high as $425/tonne (FOB China) and $475/tonne (CIF) for new business.
This compares to a published price of $280-300/tonne (FOB China) at the end of December.
Higher export prices follow a steep rise in domestic Chinese prices seen since the start of the year.
It is still unclear if the latest sharp increases have been...