SunSirs: The Anhydrous Hydrogen Fluoride Market Showed a Stable and Stronger Trend

Price trend

Hydrogen fluoride plants have recently seen reduced operating rates, rising raw material prices, tight inventories, and increasing cost pressures. However, downstream demand has been sluggish, with low acceptance of high-priced raw materials and continued purchases primarily based on essential needs. Overall, the hydrogen fluoride market WAs showing a stable but slightly stronger trend. According to the SunSirs analysis system, as of September 10th, the SunSirs benchmark price for hydrofluoric acid was 11,466.67 RMB/ton, a 7.67% increase from the end of August.

Analysis review

Raw material supply: Domestic fluorite supply was tight this week, leading to rising prices and high pressure on hydrogen fluoride costs. As of September 10th, the benchmark price of fluorite on SunSirs was 3,318.75 RMB/ton, up 1.53% from the price of 3,268.75 RMB/ton at the beginning of the month. The domestic fluorite industry remained competitive, but overall, operating rates had increased. Upstream mining was tight, and outdated mines would continue to be phased out. Mineral resource surveys for new mines remained challenging. Furthermore, with national authorities requiring rectification of fluorite mines, fluorite mining companies faced increasingly stringent safety and environmental protection requirements, making it more difficult to resume operations. Raw material shortages were also hindering fluorite production. The continued high price of fluorite was putting pressure on hydrofluoric acid costs, leaving producers facing ongoing losses and a cost inversion. It is expected that hydrogen fluoride prices will continue to rise in the future.

Demand: Downstream market demand was experiencing structural divergence. Market sentiment for mainstream R134a and R32 products was strong, but weak end-user demand had slowed procurement of R22, leading to a subdued market and a focus on replenishment. Overall, the support of demand for hydrogen fluoride remained stable and stronger, and prices are expected to continue their upward trend in the short term.

Market outlook

Rising raw material fluorspar prices were putting pressure on hydrofluoric acid production at a high cost. Manufacturers were facing continued losses, while downstream demand was sluggish, with only small orders signed. The anhydrous hydrogen fluoride market is expected to continue its stronger performance in the future. Further attention should be paid to market supply and demand fluctuations.

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