China's fluorspar exports have been mixed this year with acid grade fluorspar (acidspar) volumes increasing in contrast with metallurgical-grade fluorspar (metspar) trades for the period Jan-May 2016, although the average value of sales fell as suppliers were forced to lower offers.
The increase in exports is largely the result of oversupply within the domestic market as the slump in European and North American demand outstripped attempts to sell excess capacity into international markets. As a result, the majority of China's excess acidspar capacity was routed to India, which accounted for 43.4% of total acidspar exports.
Meanwhile, aluminium fluoride (AlF[subscript]3 ) registered a more fragile performance with exports dropping by 37.5% y-o-y for the period, as overcapacity in the global aluminium industry restricted China's AlF[subscript]3 producers to operating at 40% capacity, leading to a massive drop in exports.
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