SunSirs: The Market Price of Anhydrous Hydrogen Fluoride Is Temporarily Stable This Week (July 14-17)

Price trend

The market price of anhydrous hydrogen fluoride remained stable this week. According to the analysis system of SunSirs, as of July 17th, the benchmark price of hydrofluoric acid in SunSirs is 10,800 RMB/ton, a decrease of 2.99% compared to the end of last month.

Analysis review

On the raw material side, the domestic fluorite price trend is weak and stable. As of July 16th, the benchmark price of fluorite in SunSirs was 3,137.50 RMB/ton, a decrease of 1.38% compared to the beginning of this month (3,181.25 RMB/ton). The current situation of the game in the domestic fluorite industry still exists. Overall, the operating rate of enterprises has increased. Upstream mining is tight, backward mines will continue to be eliminated, and as for new mines will be added, mineral investigation work is still difficult. In addition, national departments need to rectify fluorite mines, and fluorite mining enterprises are facing increasingly strict safety and environmental protection requirements. The difficulty of operating fluorite mines has increased, and the shortage of raw materials has limited the operation of fluorite enterprises. However, as the temperature rises, northern enterprises are gradually starting production, and the supply of fluorite enterprises on site has increased, with sufficient inventory. The fluorite market price is weakly stable, and the cost support for hydrofluoric acid is weak.

On the demand side: Although the downstream refrigerant market is in the traditional peak season, due to weak terminal demand and low stocking enthusiasm, upstream products are mainly purchased on demand, and there is a strong wait-and-see attitude. The market trading atmosphere is cold, and some companies have reduced their raw material demand due to profit losses. The demand for downstream refrigerants is average, and the market price of hydrofluoric acid continues to decline.

Future outlook:

The price trend of raw material fluorite is weak and stable, and downstream terminal demand is weak, resulting in insufficient market digestion ability. The bargaining power of hydrogen fluoride enterprises has weakened, and the loss of enterprises has increased. Currently, production shutdowns, maintenance, and load reduction operations are gradually emerging. There is no positive support for market supply and demand, and it is expected that the anhydrous hydrogen fluoride market will operate weakly and steadily in the later stage. More attention should be paid to raw material price information and market supply and demand situation.

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.