SunSirs: The Domestic Market Price for Anhydrous Hydrogen Fluoride Declined Last Week (October 27-30)

Price trend

The domestic anhydrous hydrogen fluoride market declined last week. According to data from the SunSirs analysis system, as of October 30, the benchmark price of hydrofluoric acid was 12,533.33 RMB/ton, a decrease of 1.05% compared to the beginning of the month.

Analysis review

Raw material side: Domestic fluorite prices declined, weakening cost support. As of October 30th, the benchmark price of fluorite from SunSirs was 3,550.00 RMB/ton, a decrease of 1.66% compared to the beginning of the month (3,610.00 RMB/ton). The decline in 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 was weak, and the hydrogen fluoride market is expected to remain weak and stable in the near future.

Market outlook

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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