Price trend

The anhydrous hydrogen fluoride market remained stable this week. According to the analysis system of SunSirs, as of February 6th, the benchmark price of hydrofluoric acid was 13,066.67 RMB/ton, an increase of 0.26% compared to the previous month.

Market analysis

Raw materials: This week, the price of fluoritear, a raw material, increased slightly, providing some support to raw material costs. According to the SunSirs analysis system, as of February 6th, the benchmark price of fluorspar was 3,425.00 RMB/ton, an increase of 0.18% compared to the beginning of the month (3,418.75 RMB/ton).

Demand side: The downstream market is entering its off-season, and demand continues to weaken. Operating rates at end-users have all decreased. The largest downstream industry, the refrigerant industry, is experiencing weak overall demand due to the approaching year-end and the depletion of production quotas. They are mainly consuming existing inventory and making small, need-based purchases. Anhydrous hydrogen fluoride is expected to fluctuate and consolidate before the holiday season.

Market outlook:

Supported by high raw material fluorite prices, the downstream market is experiencing weak demand, with purchases mainly driven by essential needs. The demand-side support is weakening. It is expected that the anhydrous hydrogen fluoride market price will mainly fluctuate and consolidate in the future. Further developments will depend on changes in market supply and demand.

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