China’s domestic market prices of hydrofluoric acid continued to decline in September

According to statistics, domestic hydrofluoric acid prices continued to decline in September, ending at 10,050 yuan/ton, down 6.34% from 10,730 yuan/ton at the beginning of the month and 16.34% from the same period last year.

PVA 0588 ( PVA BP05)

Products: In September, the overall trend of hydrofluoric acid prices continued to decline, the market situation of manufacturers in the field remained unchanged, the starting rate of downstream refrigerant industry remained at a low level, the domestic market demand for hydrofluoric acid was limited, the domestic hydrofluoric acid plant maintained a high starting rate, the domestic spot supply was sufficient, and some manufacturers continued to reduce their ex-factory prices. By the end of the month, hydrofluoric acid manufacturers in the southern region were still at a low level. The mainstream is 9000-10000 yuan / ton, and the price of hydrofluoric acid in the northern market is 9500-10000 yuan / ton. Recent domestic hydrofluoric acid market prices continue to decline. Recent downstream refrigerant industry demand is poor. Hydrofluoric acid manufacturers’supply of goods is not good, and the market price trend is declining. By the end of the week, the mainstream of HF in the domestic area is about 9000-9500 yuan / ton, the price of hydrofluoric acid is 9500-10000 yuan / ton, and the price of hydrofluoric acid is 9500-10000 yuan / ton in the region. In the area of hydrofluoric acid, the market price of hydrofluoric acid is down by 9000-10000 yuan / ton.

Industry chain: In September, the price of fluorite in the upstream of hydrofluoric acid declined. At the end of the month, the price of fluorite was 2866.67 yuan/ton. Recently, the fluorite plant started to work normally. On the whole, the fluorite supply was sufficient. However, the fluorite market was greatly affected by environmental protection. The fluorite supply in the field was normal. The price of fluorite in some factories fell back, and the price of fluorite market declined slightly.  Recent downstream refrigerant market trading market is poor, domestic refrigerant R22 market shocks down, from the market supply point of view, refrigerant R22 market continues to be weak, manufacturers reduce the start-up load, market supply capacity has decreased, inventory pressure has been cushioned. On the demand side, downstream air-conditioning manufacturers’overhaul showed no increase in demand, and the price of domestic large enterprises fell to 1250-14000 yuan/ton. The domestic market price of R134a has declined, the start-up rate of production enterprises has remained low, the market demand for refrigerants has decreased, and manufacturers mainly export their products. However, on-site transaction prices continue to decline, merchants purchase on demand, the end of the peak season, downstream terminal demand only declined, hydrofluoric acid market prices declined. However, on-site transaction prices are lower, merchants purchase on demand. Recently, due to the normal supply of goods and poor downstream demand, the market price of hydrofluoric acid is declining.

PVA

Industry: In September, the upstream fluorite and hydrofluoric acid industry started to operate normally, the hydrofluoric acid field product spot supply was sufficient, and the market price of hydrofluoric acid declined.

Recently, the hydrofluoric acid plant started to operate normally, the supply of goods in the field is normal, the price of raw material fluorite market is low, which has a negative impact on the hydrofluoric acid market. In addition, the demand of refrigeration industry downstream is low, and the demand for hydrofluoric acid only declines but does not increase. Chen Ling, an analyst of hydrofluoric acid business, believes that the market price of hydrofluoric acid will remain low in October and the price of hydrofluoric acid will be about 9,700 yuan/ton.

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