China’s Domestic Hydrofluoric Acid Market Tends to Stable on March 11

On March 10, the hydrofluoric acid commodity index was 98.53, which was the same as yesterday. It was 29.84% lower than the peak of 140.43 points in the cycle (2018-02-21), and 83.86% higher than the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the recent domestic hydrofluoric acid market price trend is temporarily stable, up to 11 days, the domestic hydrofluoric acid market price is 10858.33 yuan/ton, the domestic hydrofluoric acid start-up rate is more than 60%, enterprises reflect that the current spot supply of hydrofluoric acid is normal, the recent situation of on-site goods is general, some enterprises have increased hydrofluoric acid inventory, factory prices remain low, due to recent price shocks in the raw material market. The market price of hydrofluoric acid is stable for the time being. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 10,000-11,000 yuan/ton, while the price of hydrofluoric acid in the northern market is 10,500-11,000 yuan/ton. Domestic hydrofluoric acid market prices remain low, spot supply is sufficient, due to the recent upward trend in the raw material market, fluorite price trend is temporarily stable, for hydrofluoric acid has some favorable support, hydrofluoric acid market price trend is temporarily stable.

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Recent downstream refrigerant product units started to rise, upstream fluorite and hydrofluoric acid demand has increased, the recent downstream refrigerant trading market is general, hydrofluoric acid product prices temporarily stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 70%, R22 refrigerant facility start-up rate is temporarily stable, the main production enterprise’s bulk water ex-factory offer price rises to 18500-19000 yuan/ton, but there is no bulk water spot in the production enterprise, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has risen, and the delivery market has risen. The domestic market price of R134a has risen slightly, the start-up rate of production enterprises has remained low, the refrigerant market demand is general, and the manufacturers mainly export their products. However, the on-site transaction price has not changed much. Businessmen purchase on demand. Recently, due to the improvement of the goods, the price trend of hydrofluoric acid market is temporarily stable.

Refrigerant on-site transactions have risen, refrigerant industry equipment start-up rate has increased, for the upstream hydrofluoric acid market demand may increase, coupled with the upstream fluorite price has an upward trend, March is the peak season of air conditioning production, the downstream refrigeration industry is expected to rise, Business Analyst Chen Ling believes that the hydrofluoric acid market may be slightly higher.

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