This week, the Chinese anhydrous hydrogen fluoride market trend declined (10.27-10.30)

October 30, news

This week, the Chinese anhydrous hydrogen fluoride market trend declined. According to the analysis system, as of October 30, the benchmark price of hydrofluoric acid was 12,533.33 CNY/ton, a decrease of -1.05% from the beginning of the month.

On the raw materials front: China's fluorite prices have begun to decline, weakening cost-side support. As of October 30, the benchmark fluorite price stood at 3,550.00 CNY per ton, down 1.66% from the beginning of this month (3,610.00 CNY/ton). This drop in fluorite prices has significantly reduced the cost-based support for hydrofluoric acid, leading to a corresponding softening in the hydrofluoric acid market.

On the demand side: Downstream sectors are facing the traditional off-season, resulting in weak demand and insufficient overall consumption capacity. Purchasing decisions are primarily driven by immediate needs. Most market participants remain cautious, with lower procurement enthusiasm. Overall, demand for hydrogen fluoride remains relatively weak, and the market is expected to stabilize—at least temporarily—in the near term.

Market Forecast: Raw material fluorite prices are declining, weakening cost support. Additionally, downstream industries are entering the traditional off-season, leading to weak demand—driven primarily by essential purchasing needs rather than speculative activity. Overall, this suggests that downstream consumption capacity remains insufficient. As a result, the anhydrous hydrogen fluoride market is expected to remain predominantly stable with a slight downward trend in the near term. Further attention should be paid to shifts in market supply and demand dynamics.