According to the monitoring of the business community, the price of domestic anhydrous hydrofluoric acid began to rise in October, ending the continuous decline. As of the 11th, the market price of hydrofluoric acid was 11157.14 yuan/ton, up 11.73% from 9985.71 yuan/ton in early October, down 20.36% year on year.
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The domestic market trend of hydrofluoric acid is rising. The epidemic situation in some northern areas is repeated, some devices are stopped, and the spot supply of hydrofluoric acid is reduced. The price of raw material market continued to rise, with strong support of cost, and the price of hydrofluoric acid rose.
The rising cost of fluorite is obviously supported by:
The market price of raw material fluorite has risen sharply. As of the 11th, the average price of domestic fluorite was 3200 yuan/ton. Since April, the price of fluorite has risen unilaterally. At present, the price is at the highest point in the year. The construction of fluorite mines is insufficient, and domestic fluorite raw materials are in short supply. In addition to the shutdown of some overseas devices, the export volume of fluorite is greatly increased, the price of fluorite is rising, and the domestic market is rising due to the cost of hydrofluoric acid.
The price of sulfuric acid rises, and the production cost of hydrofluoric acid increases:
The raw sulfuric acid market rose sharply in October and then fell back slightly, showing an overall upward trend. As of the 11th, the average domestic sulfuric acid price was 366 yuan/ton, up 23.65% from the beginning of October. Recently, some domestic sulphuric acid plants have been shut down for maintenance, the supply has been reduced, downstream users have actively purchased, and the sulphuric acid market has risen, which has driven the domestic hydrofluoric acid market up.
In addition to the traditional demand of the refrigerant industry, the demand in emerging areas in the downstream of hydrofluoric acid continues to develop, including lithium batteries, photovoltaic, fluoropolymer, lithium hexafluorophosphate, etc. The demand in new areas is developing rapidly, and the capacity is expected to continue to expand. The demand for hydrofluoric acid continues to increase. With the demand in new energy, semiconductor and other fields, the outlook of the fluorochemical industry chain has been supported in the long run.
Future market forecast: the upstream supply of fluorite is tight, fluorite prices continue to rise, coupled with the shutdown of some hydrofluoric acid devices for maintenance, and the shortage of spot supply of hydrofluoric acid, the refrigerant industry is expected to start stocking up in the later period. In addition to the long-term development of emerging demand, Chen Ling, a hydrofluoric acid analyst at the business community, believes that the market price of hydrofluoric acid will continue to rise in the later period.
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