September 21 report:
On September 20, 2026, the hydrofluoric acid market in China showed a sideways consolidation with a balanced situation between bulls and bears. In the short term, prices remained stable without clear drivers for increases or decreases. The differences in the 5-day, 10-day, and 20-day moving averages were all zero and showed no fluctuations, and technical indicators did not signal any bullish or bearish trends. The fundamental situation was characterized by a divergence in costs and weak demand. The slight increase in upstream fluorspar prices provided some support, while the weakening of sulfuric acid prices and the average downstream production offset this, keeping prices stable. Additionally, the prices across all long-term periods remained at high levels, limiting the upward potential. The short-term market trend is expected to continue in a consolidation pattern.
1. Average difference change table
| Mean Difference Indicator | Today’s Value (2026-09-20) | Yesterday’s Value (2026-09-19) | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | 0.00 | 0.00 | No change |
| 10-Day Mean Difference (D10) | 0.00 | 0.00 | No change |
| 20-Day Mean Difference (D20) | 0.00 | 0.00 | No change |
2. Signal status determination
Currently, the three differences are completely consistent in direction but all have a value of 0, indicating no clear bullish or bearish signal, and thus it is a range-bound market.
3. Trend Direction Conclusion
The current trend in hydrofluoric acid prices is fluctuating. Reason: Over the past two days, the price of hydrofluoric acid has remained unchanged at 19,133.33 CNY per ton. The 5-day, 10-day, and 20-day moving average prices are completely flat, with no positive or negative changes in the three averages, indicating no clear signals for an increase or decrease. Upstream, the low inventory of fluorspar and its slight price increase provide cost support for hydrofluoric acid, but the weakening price of sulfuric acid upstream, combined with moderate operating rates in downstream sectors such as refrigerants, results in a balance between supply and demand, keeping prices stable for now.
4. Positional Space Reference
Hydrofluoric acid 60-day, 3-month, and 1-year cycle prices are all in the 5th tier (high), with limited room for further increases.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
