Fluorspar
Price
Fluorspar Pricing and Market Data
Acid-grade fluorspar (>97% CaF2) prices range from $350-600/tonne depending on origin and market conditions. Met-grade fluorspar trades at $200-350/tonne. Chinese domestic prices set the floor for the global market, while Mexican and South African material trades at premiums. Fluorspar pricing is reported by Industrial Minerals and Fastmarkets. The market is driven by hydrofluoric acid demand (for fluorochemicals, aluminum, petroleum refining, and semiconductor manufacturing) and steelmaking activity. Chinese environmental regulations have been a recurring supply-side price driver.
Current Price
350-700
$/tonne (acid grade)
Benchmark
Industrial Minerals/Fastmarkets
Annual Production
8.5 million
tonnes
Top Producer
China
65% share
Pricing Mechanisms
Fluorspar is priced using benchmarks from Industrial Minerals/Fastmarkets. Fluorspar pricing operates through a combination of exchange-based benchmarks, price reporting agency assessments, bilateral negotiation, and long-term offtake contracts. The specific mechanism depends on product form, grade, and the buyer-seller relationship.
Price History and Notable Market Events
The Fluorspar market has been shaped by the following key events:
China imposed environmental production restrictions on fluorspar mines, reducing output and tightening global supply
Mongolian fluorspar exports disrupted by COVID border closures with China, highlighting logistics concentration risk
EU Critical Raw Materials Act designated fluorspar as strategic, encouraging European exploration and recycling research
Price Drivers
Key factors influencing Fluorspar prices include production levels in China (65% of global supply), demand from steelmaking flux and hydrofluoric acid production, inventory levels, energy costs, and government policy actions such as export restrictions or strategic stockpiling.
Spot vs. Contract Pricing
The Fluorspar market features both spot transactions and longer-term contracts. Spot prices reflect current conditions and are more volatile, while multi-year offtake agreements provide supply security for both producers and consumers. Current spot pricing is in the range of 350-700 $/tonne (acid grade).
More on Fluorspar
Explore other aspects of the Fluorspar value chain.
Uses & Applications
Explore uses & applications for Fluorspar.
Supply Chain
Explore supply chain for Fluorspar.
Mining & Processing
Explore mining & processing for Fluorspar.
Refining & Grade Specs
Explore refining & grade specs for Fluorspar.
Recycling
Explore recycling for Fluorspar.
Substitutes
Explore substitutes for Fluorspar.
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