According to the monitoring of the commodity market analysis system of Shengyi Society, the price of anhydrous hydrofluoric acid in China remained stable this week. As of December 19th, the benchmark price of hydrofluoric acid in Shengyi Society was 11583.33 yuan/ton, which was the same as the beginning of this week.
Raw material side: The price of raw fluorite remained stable at a high level this week. The current situation of the game in the domestic fluorite industry still exists. Overall, the operating rate of enterprises has not changed much. 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. Although the rectification action is coming to an end, the affected area has not narrowed. The difficulty of operating fluorite mines has increased, and the shortage of raw materials has limited the operation of fluorite enterprises. The supply of fluorite sources is still tight. According to the monitoring system of Shengyi Society, domestic fluorite prices have risen this week. As of December 19th, the benchmark price of Shengyi Society fluorite was 3678.75 yuan/ton, an increase of 0.10% compared to the beginning of this month (3675.00 yuan/ton).
Demand side: Maintain stability in the downstream refrigerant market. Some factories have offered price increases. Affected by quota management and maintenance plans, most units in the refrigerant industry entered a shutdown state in December, and the operating load gradually decreased, resulting in a continued cold atmosphere towards raw material procurement.
Market forecast: The market price of raw materials remains stable at a high level, and downstream purchases are mainly based on demand. We adopt a wait-and-see and cautious attitude towards high priced raw material purchases. It is expected that the price of hydrofluoric acid will remain stable in the later period.
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