The Market Price of Hydrofluoric Acid is Temporarily Stable Last Week

The market situation of anhydrous hydrogen fluoride is temporarily stable last week. The mainstream ex-factory price including tax is about 11350-11500 RMB/ton, which is about 550 RMB/ton lower than last month. The price of raw materials has declined, and the demand of downstream refrigerant industry is general. It is expected to maintain stable operation in the later period. According to the analysis system of SunSirs, as of May 9, the benchmark price of hydrofluoric acid in SunSirs was 11883.33 RMB/ton, which is the same as the price at the beginning of this month.

Raw material side: The domestic fluorite price trend has declined slightly last week. The current situation of domestic fluorite industry game still exists. Overall, the operating rate of enterprises has not changed much. The upstream mining is tense, and backward mines will continue to be eliminated. For new mines, mineral survey work is still difficult. In addition, the state departments need to rectify fluorite mines. Fluorite mining enterprises are facing increasingly stringent safety and environmental protection requirements. The difficulty of starting fluorite mines has increased. The shortage of raw materials has restricted the start-up of fluorite enterprises, and the supply of fluorite is still tight. However, as the temperature rises, northern enterprises gradually start production, the supply of fluorite enterprises in the market has increased, and the decline in the fluorite market has eased the cost pressure of anhydrous hydrogen fluoride production enterprises. According to the analysis system of SunSirs, as of May 9, the benchmark price of SunSirs fluorite was 3,656.25 RMB/ton, down -1.35% from the beginning of this month (3,706.25 RMB/ton).

Demand side: The downstream refrigerant market is still good, the terminal policy of the refrigerant industry is exerting force, and the demand is expected to achieve substantial improvement. Within the quota control, fluorine chemical enterprises have strong confidence in the refrigerant market price. The current high price purchase rhythm is slow, but the industry inventory is transmitted in a benign and orderly manner. The terminal is less active in stocking due to the high price, and the upstream products are mainly purchased on demand.

Market forecast: The trend of raw material fluorite is declining, and the downstream refrigerant purchasing atmosphere is cold. It is expected that the price of hydrofluoric acid market will remain stable in the near future. More attention should be paid to the news of leading enterprises and the market supply and demand.