The market price of hydrogen fluoride is temporarily stable this week. According to the analysis system of Shengyi Society, as of September 19th, the benchmark price of hydrofluoric acid in Shengyi Society was 11466.67 yuan/ton, an increase of 7.67% from the end of August.

Raw material side: Domestic fluorite prices have continued to rise this week, putting high pressure on the cost of hydrogen fluoride. As of September 19th, the benchmark price of fluorite in Shengyi Society was 3343.75 yuan/ton, an increase of 2.29% compared to the beginning of this month (3268.75 yuan/ton). The current situation of the game in the domestic fluorite industry still exists. Overall, the operating rate of enterprises has increased. Upstream mining is tight, backward mines will continue to be eliminated, and new mines will be added. Mineral investigation work is still difficult. In addition, national departments need to rectify fluorite mines, and fluorite mining enterprises are facing increasingly strict safety and environmental protection requirements. The difficulty of operating fluorite mines has increased, and the shortage of raw materials has limited the operation of fluorite enterprises. The continuous rise in the fluorite market has put pressure on the cost of hydrofluoric acid, and production enterprises still face the pressure of losses, resulting in cost inversion. It is expected that hydrogen fluoride enterprises will continue to rise in the later stage.
On the demand side: The downstream refrigerant market continues to rise, and the terminal policies of the refrigerant industry are exerting force. Demand is expected to achieve substantial improvement. Fluorine chemical enterprises within quota control have strong confidence in raising prices in the refrigerant market. Currently, the pace of high price procurement is relatively slow, but the industry’s inventory is transmitted in a healthy and orderly manner, and upstream products are mainly purchased on demand. The trend of refrigerant market has risen slightly, and the demand side is supporting hydrogen fluoride steadily, with a moderate to strong trend. It is expected that the price trend of hydrogen fluoride will continue to rise in the later stage.
Market forecast: The price of raw material fluorite will rise, and the cost of hydrofluoric acid will be under high pressure. The pressure of loss for production enterprises still exists, and downstream demand procurement will be the main focus. It is expected that the anhydrous hydrogen fluoride market will continue to maintain a stable, medium, and strong trend in the later stage. More attention should be paid to changes in market supply and demand.