The market for anhydrous hydrogen fluoride is temporarily stable this week. The mainstream ex factory price including tax is about 11350-11500 yuan/ton, a decrease of about 550 yuan/ton from last month. The prices of raw materials have declined, and the demand for downstream refrigerants is generally average. It is expected to maintain stable operation in the later stage. According to the analysis system of Shengyi Society, as of May 15th, the benchmark price of hydrofluoric acid in Shengyi Society was 11883.33 yuan/ton, which was the same as the price at the beginning of this month.
| Gamma-PGA (gamma polyglutamic acid) |
On the raw material side, the domestic fluorite price trend has remained stable this week, while the sulfuric acid price has slightly declined. Overall, small fluctuations in the raw material side have a moderate impact on the anhydrous hydrogen fluoride market. According to the analysis system of Shengyi Society, as of May 15th, the benchmark price of Shengyi Society’s fluorite was 3656.25 yuan/ton, a decrease of -1.35% compared to the beginning of this month (3706.25 yuan/ton).
On the demand side: The downstream refrigerant market is still good, and the terminal policy of the refrigerant industry is being strengthened. The demand is expected to achieve substantial improvement. Fluorine chemical enterprises within quota control have strong confidence in the refrigerant market to raise prices. Currently, the pace of high price procurement is relatively slow, but the industry inventory is transmitted in a positive and orderly manner. Due to high prices, the enthusiasm for stocking up at the terminal is low, and upstream products are mainly purchased on demand.
Market forecast: The price of raw material sulfuric acid has slightly declined, and the downstream refrigerant procurement atmosphere is quiet. It is expected that the market price of hydrofluoric acid will remain stable in the near future, and more attention should be paid to the news of leading enterprises and market supply and demand.
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