SunSirs: The Market Price of Anhydrous Hydrogen Fluoride Was Temporarily Stable This Week

Price trend

The anhydrous hydrogen fluoride market remained stable this week. According to the SunSirs analysis system, as of October 16, the SunSirs benchmark price for hydrofluoric acid was 12,666.67 RMB/ton, up 6.74% from the end of September.

Analysis review

On the raw material side: Domestic fluorite market prices were temporarily stable, with costs remaining high. As of October 16th, the benchmark price of fluorite on SunSirs was 3,675.00 RMB/ton, up 1.80% from 3,610.00 RMB/ton at the beginning of the month. The continued high fluorite prices provided strong cost support for hydrofluoric acid, keeping the hydrofluoric acid market stable.

Demand: Downstream market demand was weak. The pace of raw material procurement was slowing at high prices as of October 16. Coupled with a significant increase in plant operating rates, some manufacturers were operating at high capacity, leading to increased inventory. This weakened the price-supporting mentality, with procurement primarily based on demand. Overall, demand support for hydrogen fluoride was weak, and the hydrogen fluoride market is expected to remain stable in the coming period.

Market outlook

Fluorite raw material prices remained high, and market supply had increased. However, downstream companies were reluctant to accept high-priced raw materials, with purchases primarily driven by demand. It is expected that the anhydrous hydrogen fluoride market will remain stable in the future. Further attention should be paid to changes in market supply and demand.

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