October 13th report:
On October 12, 2026, the hydrofluoric acid market in China is currently in a strong consolidation and slightly bullish pattern. Short-term prices are stable, and the momentum for a mid-term decline is gradually weakening. The 60-day cycle is at a medium-low level, with limited short-term downward space, but the 3-month and 1-year cycles are already at high price levels, restricting long-term upward potential. The increase in upstream fluorspar quotations provides cost support, and there is an expectation of increased supply. However, downstream refrigerant production is weak, and demand support is moderate, making it unlikely for the market to experience significant one-sided fluctuations.
1. Average difference change table
| Difference Type | Today’s Value (2026.10.12) | Yesterday’s Value (2026.10.11) | Direction of Change |
|---|---|---|---|
| 5-Day Difference (D5) | 0 | 0 | No Change |
| 10-Day Difference (D10) | 0 | 0 | No Change |
| 20-Day Difference (D20) | -70 | -80 | + |
2. Signal Status Judgment
The current signal is oscillation (strong consolidation, biased towards bullish).
3. Trend Direction Conclusion
The current price trend is biased towards strength within a range, for the following reasons: the changes in the three average differences from the previous day are not entirely consistent, which does not meet the criteria for a clear upward or downward trend; the 5-day and 10-day average differences have flattened, indicating that the short-term prices are stabilizing, while the 20-day average difference, although negative, is narrowing, suggesting that the mid-term downward momentum is gradually weakening. Overall, the trend shows characteristics of being biased towards strength within a range.
4. Positional Space Reference
60-day cycle price is in the 2nd tier (lower middle), with limited short-term downside; 3-month and 1-year cycle prices are in the 5th tier (high), with limited long-term upside.
5. Trend chart display
Fundamental supplementary reference
Upstream fluorspar prices increased by 20 CNY/ton to 3,720 CNY/ton, providing some support on the cost side; on the supply side, multiple companies' hydrogen fluoride units are operating normally, and some electronic-grade hydrofluoric acid projects are gradually commissioning, leading to an expected increase in supply; downstream refrigerant operating rates are low, with moderate support from the demand side, making it unlikely for prices to experience significant one-sided fluctuations in the future.
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
