At the beginning of September, the cost of anhydrous hydrogen fluoride enterprises was inverted, and the market hit bottom and pulled back. According to the analysis system of Shengyi Society, as of September 1st, the benchmark price of hydrofluoric acid in Shengyi Society was 11466.67 yuan/ton, an increase of 7.67% from the end of August.

On the raw material side: This week, the domestic supply of fluorite is tight, with prices rising, putting high pressure on the cost of hydrogen fluoride. As of September 1st, the benchmark price of fluorite in Shengyi Society was 3268.75 yuan/ton, an increase of 4.18% compared to the beginning of last month (3137.50 yuan/ton). The current situation of the game in the domestic fluorite industry still exists. Overall, the operating rate of enterprises has increased. Upstream mining is tight, backward mines will continue to be eliminated, and new mines will be added. Mineral investigation work is still difficult. In addition, national departments need to rectify fluorite mines, and fluorite mining enterprises are facing increasingly strict safety and environmental protection requirements. The difficulty of operating fluorite mines has increased, and the shortage of raw materials has limited the operation of fluorite enterprises. The sustained high price of fluorite puts pressure on the cost of hydrofluoric acid, and production enterprises still face the pressure of losses, resulting in cost inversion. The price of hydrofluoric acid industry has hit bottom and rebounded.
On the demand side: Downstream is experiencing the traditional peak season of “Golden September and Silver October”, with strong upward sentiment in the industry. Some downstream enterprises are gradually increasing their raw material inventory, but due to the impact of capital flow, only small orders are increasing in volume. Most companies still prioritize restocking for essential needs. It is expected that the price trend of hydrogen fluoride will be strong in the short term.
Market forecast: The price of raw material fluorite will rise, the cost of hydrofluoric acid will be under high pressure, and production enterprises will still face loss pressure. Downstream terminal demand is average, and only a small number of orders will be signed. It is expected that the anhydrous hydrogen fluoride market will continue to have a strong trend in the later stage. More attention should be paid to changes in market supply and demand.