SunSirs: On October 29, the Domestic Market Price for Anhydrous Hydrogen Fluoride Slightly Decreased

Price trend

On October 29th, the domestic market price for anhydrous hydrogen fluoride saw a slight decline. According to data from the SunSirs analysis system, as of October 29th, the benchmark price for hydrofluoric acid was 12,533.33 RMB/ton, a decrease of 1.05% compared to the beginning of the month.

Analysis review

On the raw material side: Domestic fluorite prices declined, weakening cost support. As of October 29th, the benchmark price of fluorite from SunSirs was 3,612.50 RMB/ton, a 0.07% increase compared to the beginning of the month (3,610.00 RMB/ton). The lower fluorite prices had weakened the strong cost support for hydrofluoric acid, leading to a decline in hydrofluoric acid prices.

On the demand side: Downstream demand was weak due to the traditional off-season, with overall consumption capacity insufficient and procurement mainly based on immediate needs. Many were adopting a wait-and-see attitude, resulting in low purchasing enthusiasm. Overall, demand-side support for hydrogen fluoride iwas weak, and the hydrogen fluoride market is expected to remain weak and stable in the near future.

Market Forecast:

Lower raw material fluorite prices had weakened cost support, coupled with sluggish demand from downstream industries during the traditional off-season, with purchases mainly driven by immediate needs. Overall, downstream consumption capacity was insufficient. The anhydrous hydrogen fluoride market is expected to remain weak and stable in the near future. Closer monitoring of market supply and demand changes is crucial.

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