Price trend
The domestic anhydrous hydrogen fluoride market price remained stable last week. According to data from the SunSirs analysis system, as of November 6th, the SunSirs benchmark price for hydrofluoric acid was 12,533.33 RMB/ton, unchanged from the beginning of the month.
Analysis review
Raw material side: Domestic fluorite prices declined, weakening cost support. As of November 6th, the benchmark price of fluorite from SunSirs was 3,518.75 RMB/ton, a decrease of 0.53% compared to the beginning of the month (3,537.50 RMB/ton).
On the demand side: Downstream demand was weak due to the traditional off-season, with overall consumption capacity insufficient and procurement mainly based on immediate needs. Many were adopting a wait-and-see attitude, resulting in low purchasing enthusiasm. Overall, demand-side support for hydrogen fluoride was weak, and the hydrogen fluoride market is expected to remain weak and stable in the near future.
Market outlook
Lower raw material fluorite prices had weakened cost support, coupled with sluggish demand from downstream industries during the traditional off-season, with purchases mainly driven by immediate needs. Overall, downstream consumption capacity was insufficient. The anhydrous hydrogen fluoride market is expected to remain weak and stable in the near future. Closer monitoring of market supply and demand changes is crucial.
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