According to the monitoring by the Business News Agency, the price trend of anhydrous hydrofluoric acid has been stable this week. As of the weekend, the market price of hydrofluoric acid was 9714.29 yuan/ton, unchanged from the price of 9714.29 yuan/ton at the beginning of the week, with a year-on-year decrease of 11.12%.

Supply side: The price trend of domestic hydrofluoric acid is low and stable, with the mainstream price of 9500-10000 yuan/ton negotiated by various regions of the country. Recently, some units are still in shutdown, but the spot supply of hydrofluoric acid is still sufficient, and the manufacturer’s hydrofluoric acid order situation is poor. Affected by this, the price of hydrofluoric acid remains low.

Raw material side: The market price of raw fluorite rose slightly, with the average domestic fluorite price of 2962.5 yuan/ton as of the weekend, and the price rose slightly by 0.42% this week. Recently, domestic fluorite stocks are relatively tight, and the situation of shipping has improved. Raw material mining enterprises are facing increasingly stringent safety and environmental requirements, resulting in insufficient construction of fluorite mines. The insufficient supply of raw materials is also a major factor affecting the supply of fluorite. The price trend of fluorite on the market is rising, and the market trend of hydrofluoric acid is temporarily stable.

The price trend of raw material sulfuric acid market has declined. As of the weekend, the average price of domestic sulfuric acid was 255 yuan/ton. This week, the price fell by 6.71%, and this week’s price trend has declined. Recently, the operation of domestic sulfuric acid plants has been stable, with sufficient supply, and the enthusiasm of downstream procurement for sulfuric acid has declined. Negative factors have affected the downward trend of sulfuric acid prices, which has affected the stable trend of domestic hydrofluoric acid market.

Demand side: The market of refrigerant products downstream of the terminal has risen slightly, and the operating rate of the refrigerant industry has remained low. Some enterprises resumed work and slightly increased the factory price, leading to a slight increase in the price of domestic refrigerant R22. The refrigerant R22 manufacturer’s load is not high, inventory is within a reasonable range, and there is considerable wait-and-see sentiment. Affected by the low price of hydrofluoric acid, the refrigerant industry is under pressure, and the price increase of R22 is limited. The domestic R134a manufacturers are operating at low load, and the price trend of R134a is temporarily stable. However, currently, demand based procurement is dominant, and downstream enterprises are not starting high. Traders are in a strong wait-and-see mood. Currently, the market price of refrigerant R134a is mostly in the range of 25500-26500 yuan/ton, and some enterprises have not yet resumed production. Due to the impact of light refrigerant trading, the market trend of downstream R134a is stable. Recently, procurement in the downstream refrigerant industry is not active, with a operating rate of less than 30%. For upstream raw materials, procurement is mainly based on demand, and the market price trend of hydrofluoric acid is temporarily stable.

Future Forecast: In the short term, the market trend of raw material fluorite will increase, while the market trend of the downstream refrigerant industry will slightly increase. However, the trend of sulfuric acid prices will decline, and the start of refrigerant production will remain sluggish. Due to the combined impact of both short and long factors, Chen Ling, a hydrofluoric acid analyst at the Business Agency, believes that the market price of hydrofluoric acid will remain low and stable in the short term.