This week, the pricing of anhydrous hydrofluoric acid has significantly increased. As of November 6th, the benchmark price of hydrofluoric acid was 17383.33 yuan/ton, an increase of 6% compared to the end of October.
On the raw material side: The price of raw fluorite has slightly increased, and the expected winter production reduction in northern mines has provided bottom support for fluorite. But the price of sulfuric acid has significantly fallen, with a weekly decline of 3.57% and a monthly decline of 13.16%, weakening the upward push of the comprehensive cost of hydrofluoric acid. As of November 6th, the benchmark price of fluorite was 3687.50 yuan/ton, an increase of 0.34% compared to the beginning of this month (3675.00 yuan/ton).
Demand side: Refrigerants are still the largest downstream, but R22 has experienced a significant drop in price due to the off-season for maintenance. R32 mainly deals with long-term contract orders, with average individual transactions. The operating rate of core refrigerants is generally around 40-50%, and the procurement of hydrofluoric acid maintains a rigid demand rhythm, lacking significant increment.
Market forecast: Analysts predict that although the price of fluorite on the raw material side has slightly increased, the price of sulfuric acid has decreased, and the support on the raw material side may be limited, leading to a strong wait-and-see sentiment in the market. It is expected that the domestic anhydrous hydrofluoric acid market will maintain a high level of consolidation in the short term. More attention should be paid to the raw material end and the implementation of downstream refrigerant enterprise maintenance.