This week's anhydrous hydrogen fluoride market remains stable (10.13-10.16)

October 16, news

This week, the market for anhydrous hydrogen fluoride has remained stable. According to the analysis system, as of October 16th, the benchmark price for hydrogen fluoride was 12,666.67 CNY per ton, an increase of 6.74% from the end of September.

On the raw materials front: China's fluorite market prices remain stable for now, while cost pressures continue to stay high. As of October 16, the benchmark fluorite price stood at 3,675.00 CNY per ton, representing an increase of 1.80% compared to the beginning of this month (3,610.00 CNY per ton). The sustained high level of fluorite prices continues to provide strong support for hydrofluoric acid costs, helping the hydrofluoric acid market maintain steady operations.

Demand side: The downstream market shows weak demand. The procurement pace for currently high-priced raw materials is slow, and with a significant increase in the operating rates of enterprises, some manufacturers' high-load production has led to an increase in inventory, resulting in a somewhat relaxed price-holding mentality, with purchases mainly based on demand. Overall, the support from the demand side for hydrofluoric acid is relatively weak, and it is expected that the hydrofluoric acid market will mainly maintain a stable operation in the later period.

Market Forecast: Fluctuations in raw material fluorite prices remain high, providing support to the market. Meanwhile, market supply has increased somewhat, but downstream demand shows limited willingness to accept higher-priced materials—purchases are primarily driven by immediate needs. As a result, the anhydrous hydrogen fluoride market is expected to stabilize in the near term. Continued monitoring of supply-and-demand dynamics will be crucial.