According to the monitoring of the Commodity Market Analysis System of the Business Society, the price trend of anhydrous hydrofluoric acid has remained stable this week. As of the weekend, the market price of hydrofluoric acid was 9657.14 yuan/ton, which is temporarily stable compared to the price of 9657.14 yuan/ton at the beginning of the week, a year-on-year decrease of 17.18%.

Supply side: The price trend of hydrofluoric acid has been weak and stable this week. The mainstream price of hydrofluoric acid discussed by various regions in China is 9500-9900 yuan/ton. Recently, some devices are still in shutdown, but the spot supply of hydrofluoric acid is sufficient, and the order situation of manufacturers for hydrofluoric acid is weak. As a result, the market trend of hydrofluoric acid remains weak.

Raw material side: The market price trend of raw material fluorite is temporarily stable, and as of the 16th, the average price of domestic fluorite is 3136.25 yuan/ton. Recently, the operating rate of domestic fluorite enterprises has slightly increased, and the spot supply of fluorite has increased. On the one hand, there is still tension in upstream mining, and outdated mines will continue to be phased out. In terms of adding new mines, mineral investigation work remains challenging. In addition, mining enterprises are facing increasingly strict safety and environmental requirements, making it more difficult to start fluorite mines. The shortage of raw materials has restricted fluorite enterprises from starting operations. On the other hand, the operating load of domestic hydrofluoric acid is around 60%, and there is still a rigid demand for fluorite procurement. Some hydrofluoric acid enterprises have reduced production, resulting in a weakened demand for raw material fluorite. However, due to the tight supply of raw materials, the fluorite market still has some support, and the price trend of fluorite is stable.

On the demand side: The downstream refrigerant product market of the terminal is sluggish, and the operating rate of the refrigerant industry remains low. Recently, there has been sufficient refrigerant supply, driving the domestic refrigerant R22 price to remain low. The load of refrigerant R22 manufacturers is not high, and the domestic market performance is weak. Inventory digestion is the main focus, and procurement demand has not yet been followed up. Domestic R134a manufacturers operate at low loads, and the price trend of R134a is weak and stable. Currently, on-demand procurement is the main trend, while downstream enterprises are not operating high. Traders have a strong wait-and-see attitude, and the demand for consumer orders has not yet warmed up. Market confidence is insufficient. Currently, the market quotation for refrigerant R134a is mostly in the range of 24000-25000 yuan/ton, and some enterprises have not resumed production. Demand orders are still small, and the market is stagnant and declining. Overall, the refrigerant market is not good, The operating rate is less than 30%, coupled with a decline in the export market, resulting in weak domestic and external demand. The refrigerant market is sluggish, and upstream raw material procurement is scarce. The hydrofluoric acid market remains low due to demand drag.

Future Market Forecast: In the short term, there will be little change in the raw material fluorite market, and the downstream refrigerant industry will remain sluggish. The refrigerant market is weak, and the purchase of hydrofluoric acid is light. In addition, the normal spot supply of hydrofluoric acid has affected the production of hydrofluoric acid enterprises, causing serious losses. Chen Ling, a hydrofluoric acid analyst at Business Society, believes that the market price trend of hydrofluoric acid will remain stable in the short term.