This week, the domestic market price of anhydrous hydrogen fluoride remained stable. According to the analysis system of Shengyi Society, as of December 5th, the benchmark price of hydrofluoric acid in Shengyi Society was 12733.33 yuan/ton, an increase of 1.6% from the end of last month.
Raw material side: The sustained high price of sulfuric acid this week has led to increased cost pressure for hydrofluoric acid enterprises. The price of fluorite is running weakly and steadily, and overall the support on the raw material side is still acceptable. The anhydrous hydrogen fluoride market is maintaining stable operation. As of December 5th, the benchmark price of sulfuric acid in Shengyi Society was 985.00 yuan/ton, an increase of 1.81% compared to the beginning of this month (967.50 yuan/ton).
Demand side: Downstream demand side encounters traditional off-season, weak demand, insufficient overall consumption capacity, and mainly relies on on-demand procurement. Maintain a wait-and-see attitude and have low purchasing enthusiasm. Overall, the demand side has weak support for hydrogen fluoride, and it is expected that the hydrogen fluoride market will mainly operate weakly and steadily in the later stage.
Market forecast: The price of raw material fluorite remains stable, and the market price of sulfuric acid continues to operate at a high level. Cost pressures still exist, and coupled with the traditional off-season in the downstream, demand is weak, with rigid demand mainly being purchased. Overall, the downstream consumption capacity is insufficient. It is expected that the market for anhydrous hydrogen fluoride will mainly maintain stable operation in the later stage. More attention should be paid to changes in market supply and demand.