According to the monitoring of the Commodity Market Analysis System of the Business Society, the price trend of anhydrous hydrofluoric acid in China has slightly declined this week. As of the 23rd, the market price of hydrofluoric acid was 11116.67 yuan/ton, a decrease of 0.60% compared to the price of 11183.33 yuan/ton on the 17th, and a year-on-year decrease of 7.91%.

Supply side: The domestic price of hydrofluoric acid has slightly declined this week, with the mainstream price discussed in various regions of the country ranging from 11100 to 11500 yuan/ton. Recently, some devices have been shut down for sale, and the spot supply of hydrofluoric acid has not changed much. The order situation for hydrofluoric acid from manufacturers is normal, with anhydrous hydrofluoric acid starting at around 60%. Some manufacturers have inventory backlog, and the market price of hydrofluoric acid has slightly decreased.

Cost side: The price trend of domestic fluorite is stable. As of the weekend, the average price of domestic fluorite was 3700 yuan/ton, which is unchanged from the beginning of the week’s price of 3700 yuan/ton. The current situation of the domestic fluorite industry still exists, and overall, the operating rate of enterprises remains low. The main reason is the tension in upstream mining, with some areas experiencing mining accidents. Fluorite mining enterprises are facing increasingly strict safety and environmental requirements, and some mines are undergoing safety hazard inspections, The difficulty of starting a fluorite mine has increased. With the decrease of temperature and the increase of rain and snow weather in the northern region, fluorite production is limited. However, there has been strong resistance towards high priced fluorite in the downstream recently, and the procurement situation is average. The market price of hydrofluoric acid is low.

This week, the price trend of sulfuric acid market is temporarily stable. As of the 23rd, the average price of domestic sulfuric acid is 298 yuan/ton. The upstream sulfur market of sulfuric acid is on the rise, and there is a certain increase in costs. Downstream customers of sulfuric acid have a general enthusiasm for purchasing sulfuric acid, and the price trend of sulfuric acid has remained stable this week. However, the decline in the domestic hydrofluoric acid market is not significant due to this impact.

On the demand side: The market trend of refrigerant products downstream of the terminal is temporarily stable, and the operating rate of the refrigerant industry remains low. The procurement of raw materials is not active, and the load of refrigerant R22 manufacturers is not high. Downstream procurement just needs to follow up, and some enterprises’ quotas are digested in advance. The monthly average quantity of remaining quotas is relatively small, and the price trend of R22 is mainly declining. The domestic R134a manufacturers are operating at low loads, but the actual high-end offers have fallen, and the purchasing atmosphere has cooled. Currently, the market quotation for refrigerant R134a is mostly in the range of 26000-28000 yuan/ton. The demand in the refrigerant industry during the off-season is insufficient, and transactions are relatively flat. The refrigerant industry has maintained a sluggish start, and demand is poor, making it difficult for the hydrofluoric acid market to improve.

Future forecast: The market trend of upstream raw material fluorite is stable in the near future, and the price of sulfuric acid may rise; The market operating rate of the downstream refrigerant industry remains at a low level, and there is a lack of enthusiasm for purchasing hydrofluoric acid. In the short term, hydrofluoric acid prices remain low and volatile.