China’s domestic hydrofluoric acid market prices declined on October 11

On October 10, the hydrofluoric acid commodity index was 89.20, unchanged from yesterday, down 36.48% from the peak of 140.43 points in the cycle (2018-02-21) and up 66.45% from the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date).

According to statistics, the domestic hydrofluoric acid market price trend is slightly lower, up to the present domestic hydrofluoric acid market price is 9780 yuan/ton, the domestic hydrofluoric acid start-up rate is less than 60%, enterprises reflect that the current on-site supply of hydrofluoric acid is sufficient, the recent on-site hydrofluoric acid is not moving goods, due to the downstream demand is not improving, some hydrofluoric acid manufacturers continue to reduce prices, hydrofluoric acid market prices are small. The amplitude is low. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 9000-9500 yuan/ton, while the price of hydrofluoric acid in the northern market is between 9000-10000 yuan/ton. The domestic market price of hydrofluoric acid keeps a low level, and the supply of spot goods is sufficient, but the demand is poor, and the market price of hydrofluoric acid drops slightly.

Upstream fluorite market prices remained low, up to 11 days fluorite prices were 2866.67 yuan/ton, upstream raw material prices declined to a certain negative impact on the hydrofluoric acid market, hydrofluoric acid market prices were affected by lower raw material fluorite prices at a low level. Recent downstream refrigerant market trading market is general, domestic refrigerant R22 market prices remain low, from the point of view of market supply, refrigerant R22 market continues to be weak, manufacturers reduce start-up load, market supply capacity has declined, inventory pressure has been buffered. On the demand side, the downstream air conditioning manufacturers’overhaul, the demand has only decreased but not increased. The price of domestic large enterprises is mainstream at the level of 12,000-14,000 yuan per ton. The domestic market price of R134a has declined, the start-up rate of production enterprises has remained low, the market demand for refrigerants has decreased, and manufacturers mainly export their products. However, on-site transaction prices continue to decline, merchants purchase on demand, the end of the peak season, downstream terminal demand only declined, hydrofluoric acid market prices declined. However, the on-site transaction price is lower, merchants purchase on demand. Recently, due to the normal supply of goods, downstream demand is not improving, and the market price of hydrofluoric acid remains low.

Refrigerant field turnover is poor, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is limited, hydrofluoric acid spot supply is sufficient, but manufacturers reflect a serious loss, Business Analyst Chen Ling believes that the market price of hydrofluoric acid may decline, but the decline is limited.