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 10.30%.

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 trend of raw material fluorite is temporarily stable, with the average domestic fluorite price of 2950 yuan/ton as of the 17th, and the price trend is stable this week. Recently, the operating rate at the domestic supply side has increased, with some fluorite enterprises starting operations, and the supply of domestic fluorite production enterprises has increased. Raw material mining enterprises are facing increasingly stringent safety and environmental requirements, resulting in insufficient operation 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 site is temporarily stable, and hydrofluoric acid is affected by costs, with little market volatility.

The price trend of raw material sulfuric acid market has increased, with the average domestic sulfuric acid price of 273.33 yuan/ton as of the 17th, and the price rose 1.86% this week, leading to a higher price trend this week. Recently, domestic sulfuric acid plants have been operating stably, with normal supply, and downstream procurement enthusiasm for sulfuric acid has increased. Positive factors have supported the upward trend of sulfuric acid prices, which has driven the domestic hydrofluoric acid market to stabilize.

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 recovery in the domestic refrigerant R22 price. The refrigerant R22 manufacturer’s load is not high, inventory is within a reasonable range, and there is a lot of 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 operate at low load, and the price trend of R134a has increased slightly. However, currently, demand based procurement is the main trend. Downstream enterprises are not starting high, and traders are in a strong wait-and-see mood. Currently, the market quotation for 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 delivery, the market for downstream R134a has slightly increased. 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 is stable, and the downstream refrigerant industry remains sluggish. However, the refrigerant market has risen slightly, affected by both short and long factors. Chen Ling, a hydrofluoric acid analyst at the Business Agency, believes that the hydrofluoric acid market price will remain low and temporarily stable in the short term.