Price trend

According to the monitoring of the commodity market analysis system of SunSirs, the domestic anhydrous hydrofluoric acid market maintained stable operation this week. As of December 31st, the benchmark price of hydrofluoric acid in SunSirs was 11,583.33 RMB/ton, unchanged from the beginning of this week.

Analysis review

Raw material side: The price of raw fluorite decreased this week. The situation of the game in the domestic fluorite industry still existed. Overall, the operating rate of enterprises had not changed much. Upstream mining was tight, backward mines would continue to be eliminated, and as for new mines, mineral investigation work was still difficult. In addition, national departments need 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 had not narrowed. The difficulty of operating fluorite mines had increased, and the shortage of raw materials had limited the operation of fluorite enterprises. The supply of fluorite sources was still tight. According to the monitoring system of SunSirs, as of December 31st, the benchmark price of SunSirs's fluorite was 3,628.75 RMB/ton, a decrease of 1.26% compared to the beginning of this month (3,675.00 RMB/ton).

On the demand side: As the end of the year approaches, downstream refrigerant quotas were exhausted, factory operating rates had decreased, market demand was weak, and demand for anhydrous hydrogen fluoride had weakened, mainly through on-demand procurement.

Market outlook

As the end of the year approached, downstream refrigerant quotas were depleted, factory operating rates had decreased, market demand was weak, and early orders were being executed more frequently, resulting in a cold trading atmosphere. In the short term, it is expected that the hydrofluoric acid market will remain stable, and more attention should be paid to the news of leading enterprises and market supply and demand.

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