On February 24, the hydrofluoric acid commodity index was 105.26, which was the same as yesterday. It was 25.04% lower than the peak of 140.43 points in the cycle (2018-02-21), and 96.42% higher than the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the recent domestic market price trend of hydrofluoric acid continued to decline, as of 25 days, the domestic market price of hydrofluoric acid was 11475 yuan/ton, and the domestic start-up rate of hydrofluoric acid was more than 60%. Enterprises reflected that the current spot supply of hydrofluoric acid in the field was sufficient, the recent situation of goods in the field became worse, some enterprises’hydrofluoric acid inventory increased, and the ex-factory price continued to decrease, but due to the high level of raw material market. Supported by this, the price decline of hydrofluoric acid market is very limited. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 10500-11500 yuan/ton, while the price of hydrofluoric acid in the northern market is between 11000-12000 yuan/ton. Domestic hydrofluoric acid market prices are lower, spot supply is sufficient, due to the recent lower raw material market prices, fluorite prices fell, lost cost support for hydrofluoric acid, hydrofluoric acid market prices continue to fall.

Recent downstream refrigerant product installations started generally, the demand for upstream fluorite and hydrofluoric acid has weakened, the recent downstream refrigerant trading market has declined, and the price of hydrofluoric acid products has slightly declined. Recent downstream refrigerant market trading market is cool, R22 refrigerant facility starts at 70%, R22 refrigerant facility start-up rate is temporarily stable, the main production enterprise’s bulk water out-of-factory quotation dropped to 17,000-18,000 yuan/ton, but there is no bulk water spot in the production enterprise, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has declined, and the shipment market trend is poor. The domestic market price of R134a is slightly lower, the start-up rate of production enterprises is lower, the market demand for refrigerants is weakened, and manufacturers mainly export their products. However, the on-site transaction price does not change much. Businessmen purchase on demand. Recently, due to the bad impact of purchases, the market demand for hydrofluoric acid upstream has weakened, and the market price of hydrofluoric acid has declined.

Refrigerant on-site transaction prices slightly lower, refrigerant industry equipment start-up rate is low, for the upstream market demand for hydrofluoric acid weakened, coupled with the upstream refrigerant industry to resist the high price sentiment of raw materials, Business Analyst Chen Ling believes that the hydrofluoric acid market will continue to decline, hydrofluoric acid prices will be around 11,000 yuan/ton.