SunSirs: Supported by Raw Materials, the Hydrofluoric Acid Market Stopped Falling and Recovered

https://www.chemnet.com   Oct 09,2022 SunSirs

　　According to the monitoring of SunSirs, the domestic price of anhydrous hydrofluoric acid has stopped falling and recovered. As of August 8, the market price of hydrofluoric acid was 10,730 RMB/ton, ending the four month decline.

　　Analysis review

　　The price of domestic anhydrous hydrofluoric acid has stopped falling and recovered. On the one hand, it is strongly supported by the raw material market, and on the other hand, the downstream refrigerant market has risen.

　　The market price of fluorite as hydrofluoric acid raw material has risen. As of August 8, the domestic fluorite price was 2,868.75 RMB/ton. Recently, the domestic spot supply of fluorite was tight. In addition, the logistics in some regions was limited, and the spot was tight. The domestic fluorite price trend continued to rise. As of October 8, the domestic mainstream negotiated price of fluorite was 2,850-2,950 RMB/ton. The price of fluorite on the market rose, and the price of hydrofluoric acid on the market stopped falling and recovered due to the support of raw materials.

　　The market of downstream refrigerant products rose slightly, but the operating rate of the on-site refrigerant industry remained low, and the demand was mainly purchased on demand. By the end of August 8, the price of refrigerant R22 had risen slightly, the market supply was normal, the demand for R22 market applications had increased slightly, and the enterprise quotation had risen slightly. As of October 8, the market price of R22 was 18,000-20,000 RMB/ton. The domestic R134a price trend rose, the trichloroethylene price rose, the cost support remained, and the R134a trading center increased slightly. As of October 8, the R134a market quotation was in the range of 25,000-27,000 RMB/ton. The high price transaction was weak, and the market sentiment was general. The actual transaction situation of the enterprise did not change much. The downstream refrigerant market rose slightly. Affected by this, the price of hydrofluoric acid rose.

　　Market outlook

　　The fluorine chemical industry has improved, the price of raw material fluorite has risen, the price of sulfuric acid raw material has risen, and the market of downstream refrigerant products has risen slightly. In addition, the domestic supply of hydrofluoric acid has been slightly strained recently, and the upstream and downstream of the industrial chain has been favorable and supported. Hydrofluoric acid analysts from SunSirs believe that the price trend of hydrofluoric acid market may rise slightly in the later period.

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