The latest tender pricing for hydrogen fluoride has been finalized, settling at 13,200–13,300 RMB/ton (delivered) in the Jiangsu-Zhejiang region—an increase of 1,100 RMB/ton compared to the previous month.
Analysis and Commentary
The tender pricing for hydrofluoric acid in the Jiangsu-Zhejiang region has been finalized at 13,200–13,300 RMB/ton, marking an increase of 1,100 RMB/ton compared to the previous month. This significant price hike suggests either tightening supply in the spot market or robust downstream demand, thereby exerting a strong bullish influence on spot prices for hydrofluoric acid. The upward price trend likely stems from rising raw material costs or industry-wide capacity adjustments; consequently, the spot market is expected to remain well-supported in the short term.
As an integrated internet platform providing benchmark prices, on March 27, the benchmark price for hydrofluoric acid, as reported by SunSirs, stood at 13,166.67 RMB/ton—an increase of 0.77% compared to the beginning of the month (13,066.67 RMB/ton).
Application of SunSirs Benchmark Pricing:
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