Price trend
According to the analysis system of SunSirs, as of April 22, the benchmark price of hydrofluoric acid in SunSirs was 12,450 RMB/ton, an increase of 1.63% compared to the beginning of this month (12,250 RMB/ton).
Analysis review
On the raw material side, the fluorite and sulfuric acid market continued to operate weakly, and the cost pressure on anhydrous hydrogen fluoride production enterprises has eased to some extent. According to the analysis system of SunSirs, as of April 22, the benchmark price of SunSirs' fluorite was 3,718.75 RMB/ton, a decrease of 1.49% compared to the beginning of this month (3,775.00 RMB/ton).
On the demand side: Although downstream refrigerants were in the traditional peak season, due to high raw material prices, downstream procurement was cautious and mainly based on demand. The market trading atmosphere was average, and some companies have reduced their raw material demand due to profit losses.
Market outlook
Recently, there has been a slight downward trend in the market price of raw material fluorite sulfuric acid, which has eased the cost pressure on anhydrous hydrogen fluoride production enterprises. However, it is expected that the decline in raw material prices will not be too large. Downstream refrigerant demand is average, and on-demand procurement is the main focus. It is expected that the anhydrous hydrogen fluoride market will operate to be weaker in the later stage, and more attention should be paid to the news of leading enterprises and market supply and demand situation.
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