SunSirs--China Commodity Data Group

Sign In

Join Now

Contact Us

Home > Hydrofluoric acid News > News Detail
Hydrofluoric acid News
SunSirs News: The Price of Hydrofluoric Acid of Domestic Market was Temporarily Stable on 6th November
November 07 2019 10:43:36(Daisy)

On November 6th, the hydrofluoric acid commodity index was 87.48, which was the same as yesterday. It was 37.71% lower than the highest point in the period at 140.43 (since 21st February 2018). And it was 63.24% higher than the lowest point at 53.59 since 30th November 2016 (Note: The period refers to since 1st September 2011).

According to statistics, the domestic market price of hydrofluoric acid is temporarily stable. Up to now, the domestic market price of hydrofluoric acid is 9,640 RMB/t. The operating rate of this kind of factory is less than 60%. The company reflects that the current supply of hydrofluoric acid is sufficient within the spot market. Recently, the stock of hydrofluoric acid has not flowed. The demand of downstream keeps down and some of hydrofluoric acid manufacturers have stagnated prices. The market price of it has remained low. At present, the mainstream price of hydrofluoric acid in the southern region is about 9,000-9,500 RMB/t, and the price of it in the northern market is 9000-10,000 RMB/t. The domestic market price of hydrofluoric acid remains at a low level, and the supply of spot goods are sufficient, but the demand was poor.

The upstream market –fluorite, its price remained at a low level. Till 6th Nov., the price of fluorite was 2,877.78 RMB/t. The fluctuation of raw material price brought limited support to the hydrofluoric acid market. Therefore, the market price of hydrofluoric acid was slightly lower due to the low price of fluorite. Recently, the market for terminal downstream—refrigerants is generally low. The domestic refrigerant R22 price remains low. On the supply side, the refrigerant R22 market continues to be weak. The production load reduces significantly, and the decrease of market supply capacity ensues, which also help ease the pressure of inventory. On the demand side, downstream players – air conditioner manufacturers have their plant maintained. Demand is reduced, and the price of domestic large enterprises is at 1,200-13,000 RMB/t. The domestic R134a market price trend is at a low level. The operating rate of production enterprises keeps at a low level. The demand for refrigerants is decreasing, and the manufacturers are mainly export-oriented. However, the transaction price on the market continues to fall, and the merchants purchases exactly based on demand. At the end of the peak season, the downstream demand of the terminal only decreased, and the market price of hydrofluoric acid declined. However, the transaction price in the market was lower, and the merchants purchased on demand. Recently, with entering the off-season, downstream demand did not improve, and the market price of hydrofluoric acid remained low.

Overall, the turnover rate in the refrigerant field is poor. The operating rate of the refrigerant industry equipment is low, and the demand for the upstream hydrofluoric acid market is limited. However, the supply of hydrofluoric acid is sufficient. The hydrofluoric acid manufacturers reflect a loss is quite serious. SunSirs analyst Chen Ling believes that the market price of hydrofluoric acid may remain at a low level.

If you have any questions, please feel free to contact SunSirs with


Exchange Rate:

8 Industries
Rubber & Plastics
Non-ferrous Metals
Building Materials
Agricultural & Sideline Products