A tough year for fluorspar producers sees acidspar prices fall 13% as metspar market stagnates.
Low offers from the Chinese market soon dragged prices to new lows in Q2 2014, however, as producers sought to reduce stockpiles. Structural adjustments in downstream markets failed to aid these efforts, with producers across the world reducing output in an attempt to ease the growing supply chain backlog.
Despite this closure taking around 80,000 tpa fluorspar capacity offstream, the development of major new mines in Vietnam, Mongolia and Canada are at risk of increasing global capacities moving into 2015.
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