Price trend

According to the monitoring of the commodity market analysis system of SunSirs, the domestic market for anhydrous hydrofluoric acid has remained stable this month, with some enterprises experiencing slight increases. As of December 26th, the benchmark price of hydrofluoric acid in SunSirs was 11,583.33 RMB/ton, unchanged from the beginning of this month.

Analysis review

Raw material side: The price of fluorite raw material has decreased this month. The situation of the game in the domestic fluorite industry still existed. Overall, the operating rate of enterprises has not changed much. Upstream mining was tight, backward mines will continue to be eliminated, and as for new mines added, Mineral investigation work was still difficult. In addition, national departments needed to rectify fluorite mines, and fluorite mining enterprises were facing increasingly strict safety and environmental protection requirements. Although the rectification action was 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 was still tight. According to the monitoring system of SunSirs, as of December 26th, the benchmark price of SunSirs's fluorite was 3,647.50 RMB/ton, a decrease of0.75% compared to the beginning of this month (3,675.00 RMB/ton).

On the demand side, the domestic refrigerant market saw an increase in December. Some varieties have seen a significant increase in price, while demand remained strong. However, as the end of the year approaching, other downstream enterprises had low purchasing enthusiasm and mainly execute previous orders, with some devices operating at reduced loads. Maintained a wait-and-see attitude.

Market outlook

In December, the domestic hydrogen fluoride market started operating at 55.9%, a decrease of 4.2% compared to November. As the end of the year approaching, although the downstream refrigerant market demand was good, the consumption of other downstream products had decreased. Overall, the demand was good, and it is expected that the price of hydrofluoric acid will fluctuate to be stable next month. More attention should be paid to the news of leading enterprises, and there is a possibility of market recovery after the year.

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