[SMM Fluorite Market Update] The fluorite market experienced a smooth transition this week. Currently, the operating rate of mines in the north is moderate, and combined with the supplementary supply from imported sources, the market supply side is relatively abundant. However, miners are making arrangements for winter stockpiling, showing strong reluctance to budge on prices. On the demand side, downstream buyers exhibit significant resistance to high-priced fluorite. Hydrofluoric acid enterprises primarily engage in purchasing as needed, with no significant increase in actual demand. Additionally, the market price of hydrofluoric acid continues to operate at a low level, with a downward trend still present. Amidst the tug-of-war between miners' refusal to budge on prices and downstream buyers' attempts to drive down prices, fluorite prices may fluctuate rangebound, with limited room for change. As of now, the average delivery-to-factory price of 97% fluorite powder is 3,142 yuan/mt.