This Week's Anhydrous Hydrogen Fluoride Market Prices Stabilize in China (9.15-9.19)

September 19, News

This week, the market price of hydrofluoric acid remained stable. According to the analysis system, as of September 19, the benchmark price of hydrofluoric acid was 11,466.67 CNY/ton, an increase of 7.67% from the end of August.

On the raw materials front: This week, Chinese fluorite prices continued their upward trend, putting significant cost pressures on hydrogen fluoride producers. As of September 19, the benchmark fluorite price stood at 3,343.75 CNY per ton, representing a 2.29% increase compared to the beginning of the month (3,268.75 CNY/ton). Meanwhile, market dynamics in China’s fluorite industry remain competitive, with overall plant operating rates showing a slight uptick. However, supply from upstream mining operations remains tight, as older, less efficient mines continue to be phased out. On the positive side, exploration for new fluorite deposits continues to face substantial challenges. Additionally, government authorities are pushing for comprehensive reforms in the fluorite mining sector, imposing stricter safety and environmental regulations that are increasingly challenging for fluorite mining companies. These tightening requirements have further complicated operations, limiting the ability of fluorite mines to ramp up production.

The sustained rise in fluorite market prices is now placing heavy pressure on hydrogen fluoride costs, leaving producers grappling with ongoing financial losses and widening cost mismatches. Looking ahead, hydrogen fluoride manufacturers are expected to maintain their upward pricing trajectory in the near term.