SunSirs: The Market Price of Hydrofluoric Acid is Temporarily Stable Last Week

The market of anhydrous hydrogen fluoride is temporarily stable this week. The mainstream ex-factory price including tax is about 11350-11500 RMB/ton, which is about 550 RMB/ton lower than last month. The price of raw materials has declined, and the demand of downstream refrigerant industry is general. It is expected to maintain stable operation in the later period. According to the analysis system of SunSirs, as of May 23, the benchmark price of hydrofluoric acid in SunSirs was 11883.33 RMB/ton, which was the same as the price at the beginning of this month.

Raw material side: The domestic fluorite price trend fell this week, and the price of sulfuric acid fluctuated slightly. According to the analysis system of SunSirs, as of May 23, the benchmark price of fluorite in SunSirs was 3550.00 RMB/ton, which was -4.22% lower than the beginning of this month (3706.25 RMB/ton).

Demand side: The downstream refrigerant market is still good, and the terminal policy of the refrigerant industry is in force. Demand is expected to increase substantially. Fluorine chemical companies are confident in maintaining prices in the refrigerant market within the quota control. The current high price purchase rhythm is slow, but the industry inventory is transmitted in a benign and orderly manner. The terminal is less motivated to stock up due to high prices, and mainly purchases upstream products on demand.

Market forecast: The price of raw material fluorite has fallen, and the downstream refrigerant purchasing atmosphere is cold. It is expected that the price of hydrofluoric acid market will remain stable in the near future. More attention should be paid to the news of leading companies and market supply and demand.

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