According to the analysis system of Shengyi Society, as of April 22, the benchmark price of hydrofluoric acid in Shengyi Society was 12450 yuan/ton, an increase of 1.63% compared to the beginning of this month (12250 yuan/ton).
On the raw material side, the fluorite sulfuric acid market continues to operate weakly, and the cost pressure on anhydrous hydrogen fluoride production enterprises has eased to some extent. According to the analysis system of Shengyi Society, as of April 22, the benchmark price of Shengyi Society’s fluorite was 3718.75 yuan/ton, a decrease of -1.49% compared to the beginning of this month (3775.00 yuan/ton).
On the demand side: Although downstream refrigerants are in the traditional peak season, due to high raw material prices, downstream procurement is cautious and mainly based on demand. The market trading atmosphere is average, and some companies have reduced their raw material demand due to profit losses.
Market forecast: In the near future, there will be a slight downward trend in the market price of raw material fluorite sulfuric acid, which will alleviate the cost pressure on anhydrous hydrogen fluoride production enterprises. However, it is expected that the decline in raw material prices will not be too large. Downstream refrigerant demand is average, and on-demand procurement is the main focus. It is expected that the anhydrous hydrogen fluoride market will operate weakly in the later stage, and more attention should be paid to the news of leading enterprises and market supply and demand.