China’s domestic hydrofluoric acid market declined on September 2

On September 2, the hydrofluoric acid commodity index was 95.55, down 1.82 points from yesterday, down 31.96% from the peak of 140.43 points in the cycle (2018-02-21), and up 78.30% from the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date).

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According to statistics, the price trend of domestic hydrofluoric acid market continues to decline, up to the present domestic market price of hydrofluoric acid is 10 530 yuan/ton, the domestic start-up rate of hydrofluoric acid is about 60%. Enterprises reflect that there is sufficient supply of hydrofluoric acid spot source in the field at present, but in the near future, there is no moving goods in the field. Recently, due to poor downstream demand, some hydrofluoric acid manufacturers Continuous price cuts, hydrofluoric acid market prices continue to fall. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 9500-10000 yuan/ton, while the price of hydrofluoric acid in the northern market is 9500-10000 yuan/ton. Domestic hydrofluoric acid market prices continue to decline, spot supply is sufficient, but the demand situation is poor, hydrofluoric acid market prices declined.

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The price of fluorite in the upstream was slightly lower. As of the 2nd day, the price of fluorite was 2981.25 yuan/ton. The low price of raw materials in the upstream had a negative impact on the hydrofluoric acid market. The price of hydrofluoric acid market was affected by the lower price of raw materials fluorite. Recent downstream refrigerant market trading market is general, domestic refrigerant R22 market shocks down, from the market supply point of view, refrigerant R22 market continues to be weak, manufacturers reduce the start-up load, market supply capacity has decreased, inventory pressure has been buffered. On the demand side, the downstream air conditioning manufacturers’overhaul, the demand has only decreased but not increased, and the price of domestic large enterprises has dropped to 14,000-15,000 yuan per ton. The domestic market price of R134a has declined, the start-up rate of production enterprises has remained low, the market demand for refrigerants has decreased, and manufacturers mainly export their products. However, on-site transaction prices continue to decline, merchants purchase on demand, the end of the peak season, downstream terminal demand only declined, hydrofluoric acid market prices declined. However, on-site transaction prices are lower, merchants purchase on demand. Recently, due to the normal supply of goods and poor downstream demand, the price trend of hydrofluoric acid market continues to decline.

Refrigerant field turnover is poor, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is limited, hydrofluoric acid spot supply is sufficient, Business Analyst Chen Ling believes that the hydrofluoric acid market may continue to decline.

http://www.sulfamic-acid.com

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