Price trend
The anhydrous hydrogen fluoride market remained stable this week. According to data from SunSirs analysis system, as of February 13, the benchmark price for hydrofluoric acid was 13,066.67 RMB/ton, a 0.26% increase compared to the previous month.
Market analysis
Raw material side: This week, the price of raw material fluorite remained stable at a high level, providing reasonable cost support. According to data from SunSirs analysis system, as of February 13, SunSirs benchmark price for fluorite was 3,425.00 RMB/ton, an increase of 0.18% compared to the beginning of the month (3,418.75 RMB/ton).
On the demand side: Downstream demand remained weak due to the off-season. Terminal operating rates have declined. The largest downstream industry, refrigerants, is experiencing weak overall demand as production quotas are exhausted near the end of the year, with most companies depleting existing inventory and purchasing only small, immediate orders. Anhydrous hydrogen fluoride prices are expected to fluctuate before the holiday.
Market outlook
High prices for raw material fluorite are providing support, while downstream demand remains weak, with purchases mainly driven by immediate needs, thus weakening demand-side support. It is expected that the price of anhydrous hydrogen fluoride will likely fluctuate within a narrow range in the near future. Further attention should be paid to changes in market supply and demand.
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