Lithium Fluoride Price | Prices | Pricing | News | Database | Chart

 North America

In Q2 2024, the North American market for Lithium Fluoride experienced subtle price adjustments, closing the quarter at USD 58,548/MT CIF at New York Port. Price increases were largely driven by rising shipping costs and unexpected surges in ocean freight demand, as logistical bottlenecks and increased restocking from major importers strained the container market.

The higher freight charges, compounded by limited shipping capacity and disruptions along major trade routes, significantly impacted the cost structure, leading to increased import costs for lithium carbonate, a key precursor in Lithium Fluoride production. The USA, where these price movements were most pronounced, saw a complex interaction between steady downstream demand, particularly from the growing hybrid vehicle market, and an oversupplied domestic market.

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Despite stable downstream inquiries, the market grappled with declining new purchase orders alongside rising freight and import costs, collectively driving prices higher. The pricing environment remained stable with a slight upward trend, driven by logistical challenges and evolving demand, particularly in the North American automotive sector, despite broader macroeconomic pressures.

APAC

In Q2 2024, Lithium Fluoride prices in the APAC region remained stable with slight increases. Market factors included a steady supply, consistent production rates, and heightened demand from automotive and battery manufacturing sectors. Environmental regulations and supply chain disruptions placed pressure on small and medium-sized producers, affecting the market balance. Additionally, rising upstream costs for lithium carbonate and lithium hydroxide supported Lithium Fluoride prices.

In China, price changes were notable, driven by regulatory constraints, production maintenance, and raw material fluctuations. However, the overall trend remained stable with a slight upward trajectory. Consistent demand from the automotive and glass manufacturing sectors mitigated the seasonality effect, with prices concluding at USD 56,900/MT FOB Guangdong. The market sentiment reflected stability, supported by steady demand and firm cost support from upstream materials.

Europe

In Q2 2024, the European Lithium Fluoride market demonstrated a stable pricing environment, marked by balanced supply and demand. Consistent production rates and stable upstream costs helped maintain equilibrium, despite rising freight charges and shipping congestion. Demand from downstream industries, especially in the electric vehicle sector, showed steady but subdued growth, tempered by reduced subsidies and economic uncertainty impacting consumer spending.

In Belgium, price fluctuations were minimal, reflecting overall stability in the region. There was no significant change in pricing between the first and second halves of the quarter, suggesting a steady market sentiment. The slight upward trend was influenced by logistical challenges and shifting demand in the electric vehicle manufacturing sector, despite broader macroeconomic pressures.

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