The hydrofluoric acid market has been operating steadily this week. According to the analysis system of Shengyi Society, as of April 16th, the benchmark price of hydrofluoric acid in Shengyi Society was 12450 yuan/ton, an increase of 1.63% compared to the beginning of this month (12250 yuan/ton).
On the raw material side, the market for fluorite sulfuric acid, a raw material, is experiencing a weak decline, and the cost pressure on anhydrous hydrogen fluoride production enterprises has eased to some extent. According to the analysis system of Shengyi Society, as of April 16th, the benchmark price of Shengyi Society’s fluorite was 3731.25 yuan/ton, a decrease of -1.16% compared to the beginning of this month (3775.00 yuan/ton).
On the demand side: Downstream refrigerant domestic and foreign trade will usher in a peak demand season, with some enterprises producing at full capacity. Currently, market prices are still running at high levels, and the trading atmosphere is normal. Inventory pressure is gradually being released. The terminal sector has entered the peak production season, with increased demand supporting the continued high and firm price of anhydrous hydrogen fluoride.
Market forecast: In the near future, there will be a slight downward trend in the market price of raw material fluorite sulfuric acid. The cost pressure on anhydrous hydrogen fluoride production enterprises has eased, but it is expected that the decline in raw material prices will not be too large. The downstream refrigerant market is good, and the end demand has entered the production peak season. The demand side has certain support for the anhydrous hydrogen fluoride market. It is expected that the anhydrous hydrogen fluoride market will continue to operate at a high level in the future, and more attention should be paid to the news of leading enterprises and market supply and demand.
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