This week, the Chinese anhydrous hydrogen fluoride market remains stable (11.10-11.13)

November 13, News

This week, the market price of anhydrous hydrogen fluoride in China remained stable. According to the analysis system, as of November 13, the benchmark price of hydrofluoric acid was 12,533.33 CNY per ton, a decrease of -1.05% from the end of last month.

On the raw materials front: This week, China's fluorite prices have edged down slightly, as cost support for hydrogen fluoride weakens. As of November 13, the benchmark fluorite price stood at 3,500.00 CNY per ton, representing a 1.06% decline compared to the beginning of the month (3,537.50 CNY/ton). Meanwhile, market dynamics in China's fluorite industry remain complex: while overall plant operating rates have seen a modest increase, supply from upstream mines remains tight. Older, less efficient mines are gradually being phased out, while developing new mining sites continues to face significant challenges—particularly due to ongoing difficulties in mineral exploration. Additionally, government authorities are pushing for comprehensive reforms in the fluorite mining sector, placing stricter safety and environmental standards on fluorite producers. These tightening regulations are making it increasingly difficult for fluorite mines to resume operations, further exacerbating the scarcity of raw materials and limiting production capacity among fluorite companies.

Meanwhile, demand in downstream fluorite markets remains sluggish, with most players relying heavily on their existing inventories rather than actively seeking fresh supplies. This cautious approach has dampened purchasing enthusiasm, contributing to the downward pressure on fluorite prices. Overall, the weakening trend in raw material costs is exerting weaker support on hydrogen fluoride pricing, leading analysts to anticipate that hydrogen fluoride market prices will likely remain stable but lean toward the weaker side in the near term.

On the demand side: Downstream sectors are facing the traditional off-season, resulting in weak demand and insufficient overall consumption capacity. Purchasing decisions remain primarily driven by immediate needs. Most players are adopting a wait-and-see approach, leading to lower procurement enthusiasm. Overall, demand for hydrogen fluoride remains relatively weak, and the market is expected to stabilize—at least temporarily—at subdued levels 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 discretionary spending. 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 bias in the near term. Further attention should be paid to shifts in market supply and demand dynamics.