China’s domestic hydrofluoric acid market price rose in June

The price of domestic anhydrous hydrofluoric acid rose in June. As of the end of the month, the market price of hydrofluoric acid was 8920 yuan / ton, which was 3.36% higher than that of 8630 yuan / ton at the beginning of the month, with a year-on-year decrease of 25.91%.

 

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Recently, the domestic hydrofluoric acid price has risen slightly. Up to now, the mainstream price of hydrofluoric acid in various regions of China is 8500-9000 yuan / ton. The domestic demand for hydrofluoric acid has increased. The favorable factors for the high price of hydrofluoric acid include the following aspects:

 

First, the market price of hydrofluoric acid raw material fluorite rose. By the end of the month, the domestic price of fluorite was 2800 yuan / ton, up 5.22% in June. In June, the domestic spot supply of fluorite was normal, and some of the merchants with low prices could not come out. The market reflected that the spot supply of fluorite was slightly tight, and the price of fluorite increased slightly. By the end of the month, the mainstream of domestic fluorite negotiation was 2650-2850 yuan / ton. The rising price of fluorite in the market was a good support for hydrofluoric acid market, and the domestic hydrofluoric acid market price rose.

 

Second, the domestic market of refrigerants recovered in June. On the one hand, domestic demand improved. Although the start-up of the refrigerant industry did not increase significantly, the demand for hydrofluoric acid market increased, and the domestic hydrofluoric acid market price went up. On the other hand, the economy of Europe and the United States recovered, the export of refrigerants improved compared with the previous period, and some prices of domestic refrigerant industry rose. As of the end of the month, the domestic R22 product price was 16000 yuan / ton, with an increase of 7.87% in June. The rise of refrigerant price is another good thing for hydrofluoric acid market. In recent years, the sales situation of the automobile industry has improved, the market price of refrigerant downstream of the terminal has increased, the foreign economy has gradually recovered, and the export of refrigerant terminal has improved. In addition, the sales and after-sales maintenance of the domestic air-conditioning industry have increased compared with before, so the domestic and foreign demand has increased. The price of refrigerants went up, and the market price of hydrofluoric acid went up due to the support from the downstream.

 

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Third, the domestic hydrofluoric acid spot supply is normal, the hydrofluoric acid plant is running stably, and the hydrofluoric acid market price has risen slightly. So far, the mainstream hydrofluoric acid negotiation in the southern region is 8500-9000 yuan / ton, and the hydrofluoric acid price in the northern market is 8000-9000 yuan / ton. In recent years, the domestic hydrofluoric acid market price trend has risen slightly, some manufacturers reflect that hydrofluoric acid exists in the cracks, and some manufacturers still have losses.

 

On the whole, the domestic hydrofluoric acid market price has risen due to various favorable factors. However, recently, the fluorite traders have reported that there is still room for increase in the fluorite market price. In addition, the rising R22 price in the upstream raw material market will become a good support for the hydrofluoric acid market. Chen Ling, an analyst of hydrofluoric acid in the business agency, thinks that the market price of hydrofluoric acid may rise slightly.

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