According to the analysis system of Shengyi Society, as of February 14th, the benchmark price of hydrofluoric acid in Shengyi Society was 11500.00 yuan/ton, unchanged from the beginning of the month.

Supply side: The market situation has remained stable this week, with enterprises actively starting production, and some regions experiencing tight supply of goods.

Raw material side: The price of raw material fluorite has risen this week. The current situation of the game in the domestic fluorite industry still exists. Overall, the operating rate of enterprises has not changed much. Upstream mining is tight, backward mines will continue to be eliminated, and new mines will be added. Mineral investigation work is still difficult. In addition, national departments need to rectify fluorite mines, and fluorite mining enterprises are facing increasingly strict safety and environmental protection requirements. Although the rectification action is coming to an end, the affected area has not narrowed. The difficulty of operating fluorite mines has increased, and the shortage of raw materials has limited the operation of fluorite enterprises. The supply of fluorite sources is still tight. According to the analysis system of Shengyi Society, as of February 14th, the benchmark price of Shengyi Society’s fluorite was 3628.75 yuan/ton, an increase of 0.35% compared to the beginning of this month (3616.25 yuan/ton).

Recently, the market price trend of raw material sulfuric acid has remained stable. According to the analysis system of Shengyi Society, as of February 14th, the benchmark price of sulfuric acid in Shengyi Society was 387.50 yuan/ton, an increase of 0.65% compared to the beginning of this month (385.00 yuan/ton).

Demand side: Downstream refrigerant quotas are abundant, and downstream refrigerant companies may increase their procurement of hydrofluoric acid. Some companies have a strong reluctance to sell, resulting in price increases and strong support from the demand side for refrigerants.

Market forecast: Fluorite on the raw material side will rise, downstream refrigerant quotas will be abundant, and market demand will increase. Under the expectation of both positive supply and demand, it is expected that the hydrofluoric acid market will operate steadily with a moderate to strong trend. More attention should be paid to the news of leading enterprises and the market supply and demand situation.