China’s domestic hydrofluoric acid market price decreased slightly in November

According to the monitoring of the business agency, the price of domestic anhydrous hydrofluoric acid dropped slightly in November. As of the end of the month, the market price of hydrofluoric acid was 8360 yuan / ton, down 0.48% compared with 8400 yuan / ton at the beginning of the month, and 13.81% lower than that at the beginning of the month.

 

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In August, the domestic hydrofluoric acid price trend continued to decline slightly. Up to now, the mainstream price of hydrofluoric acid in various regions of China is 7600-8400 yuan / ton. The domestic hydrofluoric acid demand is general, and the hydrofluoric acid market price is mainly stable. The domestic hydrofluoric acid spot supply is normal, the hydrofluoric acid on-site device operates stably, the manufacturers report that the recent delivery situation is not good, and the price in the field is slightly lower. So far, the mainstream hydrofluoric acid negotiation in the southern region is 7600-8200 yuan / ton, and the hydrofluoric acid price in the northern market is 7600-8500 yuan / ton. In recent years, the domestic hydrofluoric acid market price trend is mainly volatile, some manufacturers reflect that hydrofluoric acid exists in the cracks, and some manufacturers report that the recent domestic hydrofluoric acid transaction situation is poor, and the hydrofluoric acid trading market is weak.

 

The market price of hydrofluoric acid raw material fluorite decreased slightly in November. As of the end of the month, the domestic fluorite price was 2616.67 yuan / ton, and the price dropped slightly by 0.21% in November. The domestic spot supply of fluorite was normal, the downstream market was not improved, and the trend of fluorite price declined slightly. As of the end of the month, the mainstream of domestic fluorite negotiation was 2400-2600 yuan / ton. The fluctuation of fluorite price was a negative factor in hydrofluoric acid market, and the domestic hydrofluoric acid market price decreased slightly.

 

In November, the market trend of domestic refrigerants dropped slightly, the demand of domestic refrigerant industry did not significantly improve, the start-up of refrigerant industry remained low, and the market price of hydrofluoric acid decreased slightly. The foreign economic development is general, but the refrigerant terminal export has not changed much. However, the domestic air conditioning industry starts at a low level, and the after-sales demand for maintenance is weak. On the whole, the foreign demand has not improved significantly. At present, the load of refrigerant R22 manufacturers is not high, the inventory is in a reasonable range, and the market price drops slightly. However, the downstream receiving capacity is limited, and there is a lot of wait-and-see mood. The actual transaction center of gravity is shifted downward. Some traders are looking for positive shipment, and the quotation is slightly lower than the manufacturer’s ex factory price. There is a phenomenon of cost inversion. The mainstream of on-site negotiation is 12500-14500 yuan / ton. The trend of domestic R134a market has fallen down, but the automobile market industry has been in a downturn, the demand is weak, the market trading center is low, and the transaction atmosphere is light. With sufficient supply of goods in the market and the impact of new production capacity entering the market, the competition is fierce, the supply side gradually forms a negative situation, the price fluctuates at a low level, the downstream demand is not improved, and the market price of hydrofluoric acid falls slightly.

 

On the whole, hydrofluoric acid market is mainly volatile, but the upstream raw material fluorite market has not changed much, and the demand of downstream refrigerant industry has not improved significantly. Chen Ling, an analyst of hydrofluoric acid from business club, believes that the market price of hydrofluoric acid may remain low.

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