Chemical Market Research Report

In the fourth quarter of 2023,  Fluorspar prices  in Mexico exhibited a volatile pattern. Initially, heightened demand from the construction sector and US market inquiries drove the market. Additionally, limited availability of finished Fluorspar stocks further fueled price increases. Mexico experienced a notable impact, with increased inquiries from the construction and Hydrofluoric Acid industries. Fluorspar availability in Mexico met demand from manufacturing firms, yet low operating rates and a year-end slowdown in mining activities escalated supply-side pressures. Subsequently, Fluorspar prices in the Mexican market dropped. Reduced demand from the construction sector contributed to this decline. Furthermore, insufficient inquiries from refrigerant industries during the winter season failed to support price increases. Consequently, suppliers were compelled to lower prices to stimulate demand and clear excess stock. By the end of the quarter, the price of Fluorspar in Mexico stood