Price trend

In July, the market price of anhydrous hydrogen fluoride in East China decreased by about 500 RMB/ton compared to the previous month. According to the analysis system of SunSirs, as of July 4th, the benchmark price of hydrofluoric acid in SunSirs was 10,800 RMB/ton, a decrease of 2.99% compared to the end of last month.

Analysis review

On the raw material side, the domestic fluorite price trend continued to decline. As of July 3rd, the benchmark price of fluorite in SunSirs was 3,150.00 RMB/ton, a decrease of 0.98% compared to the beginning of this month (3,181.25 RMB/ton). The situation of the game in the domestic fluorite industry still existed. Overall, the operating rate of enterprises had increased. Upstream mining was tight, backward mines will continue to be eliminated, and asof new mines adde, mineral investigation work was still difficult. In addition, national departments needed to rectify fluorite mines, and fluorite mining enterprises were facing increasingly strict safety and environmental protection requirements. The difficulty of operating fluorite mines had increased, and the shortage of raw materials had limited the operation of fluorite enterprises. However, as the temperature rose, northern enterprises gradually started operating, and the supply of fluorite enterprises on site had increased, with sufficient inventory. The price center of fluorite market decreased, and the cost support of hydrofluoric acid was weak, resulting in a decline in hydrofluoric acid prices in July.

On the demand side: Although the downstream refrigerant market was in the traditional peak season, due to weak terminal demand and low stocking enthusiasm, upstream products were mainly purchased on demand, and there was a strong wait-and-see attitude. The market trading atmosphere was cold, and some companies reduced their raw material demand due to profit losses. The demand for downstream refrigerants was average, and the market price of hydrofluoric acid continued to decline.

Market outlook

The price trend of raw material fluorite was declining, downstream terminal demand was weak, supply and demand were not supported by favorable factors, and market trading was sluggish. It is expected that the anhydrous hydrogen fluoride market will operate weakly and steadily 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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