The hydrofluoric acid market has been operating steadily this week. According to the analysis system of Shengyi Society, as of April 10th, the benchmark price of hydrofluoric acid in Shengyi Society was 12450 yuan/ton, an increase of 1.63% compared to the beginning of this month (12250 yuan/ton).
On the raw material side: The fluorite market for raw materials is weak and declining, while the sulfuric acid market price is stable. The fluctuation range on the cost side is limited and not too large. According to the analysis system of Shengyi Society, as of April 10th, the benchmark price of Shengyi Society’s fluorite was 3756.25 yuan/ton, a decrease of -0.50% compared to the beginning of this month (3775.00 yuan/ton).
On the demand side: Downstream is approaching the peak season for refrigerants, and some refrigerants are experiencing price increases. Coupled with policy encouragement in the refrigerant industry, demand is expected to achieve substantial growth. Fluorine chemical companies within quota control have strong confidence in raising prices in the refrigerant market. The prices in the foreign trade market have increased, and upstream products are mainly purchased on demand, which supports the hydrofluoric acid market.
Market forecast: In the near future, there will be a slight downward trend in the market price of raw material fluorite, which will alleviate the cost pressure on anhydrous hydrogen fluoride production enterprises. However, it is expected that the decline in raw material prices will not be too large. The downstream refrigerant market is good, and some product prices will rise, which will provide some support for the anhydrous hydrogen fluoride market. It is expected that the anhydrous hydrogen fluoride market will operate smoothly in the later stage, and more attention should be paid to the news of leading enterprises and market supply and demand.