According to the monitoring of the commodity market analysis system of Business Society, the domestic price trend of anhydrous hydrofluoric acid slightly declined in February. As of the weekend, the market price of hydrofluoric acid was 10016.67 yuan/ton, a decrease of 0.66% from the beginning of the week price of 10083.33 yuan/ton, and a year-on-year increase of 1.91%.

Supply side: In February, the domestic price of hydrofluoric acid slightly decreased, and some manufacturers started operating normally during the Spring Festival holiday. In addition, downstream demand follow-up was insufficient, resulting in high inventory of hydrofluoric acid manufacturers. The mainstream price of hydrofluoric acid negotiated in various regions of China is 9800-10200 yuan/ton, and there are still devices parked for market. The spot supply of hydrofluoric acid is sufficient, and the order situation for hydrofluoric acid from manufacturers is not good. The production of anhydrous hydrofluoric acid is more than 50%, The market price of hydrofluoric acid has slightly declined.

Cost side: In February, the domestic price of fluorite fluctuated, with an average price of 3350 yuan/ton as of the end of the month, an increase of 0.19% from the beginning of the week’s price of 3343.75 yuan/ton. The game situation in the domestic fluorite industry still exists, and overall, the operating rate of enterprises remains low. The main reason is that upstream mining is tight, backward mines will continue to be phased out, and in terms of new mines, mineral investigation work is still difficult, In addition, fluorite mining enterprises are facing increasingly strict safety and environmental requirements, and some mines are conducting safety hazard inspections. The difficulty of operating fluorite mines has increased, and the shortage of raw materials has restricted the operation of fluorite enterprises. In addition, most manufacturers are on vacation before and after the Spring Festival, which has affected the market price of hydrofluoric acid and has not changed much.

In February, the price trend of sulfuric acid in the market increased. As of the end of the month, the average domestic sulfuric acid price was 203.75 yuan/ton, an increase of 8.75% compared to the initial price of 187.5 yuan/ton. The upstream sulfur market of sulfuric acid is on the rise, and the cost price is rising. Downstream customers of sulfuric acid are more enthusiastic about purchasing sulfuric acid, and the price trend of sulfuric acid is rising. As a result, the decline in the domestic hydrofluoric acid market is limited.

On the demand side, the market for downstream refrigerant products has increased, and the operating rate of the refrigerant industry has not changed much. Refrigerant R22 manufacturers have raised their factory prices due to quota issues, and distributors have been more active in purchasing. The price trend of R22 has increased, and the mainstream of negotiations is between 24000-27000 yuan/ton. The quota cycle in the refrigerant market has begun, and it is difficult for enterprises to change their reluctance to sell. The quota for R134a in China is relatively tight, and some manufacturers have raised their factory prices. Currently, the market quotation for R134a refrigerant is mostly in the range of 31000-33000 yuan/ton. The overall transaction in the refrigerant industry is still good, but the production in the refrigerant industry remains sluggish, and there is no actual improvement in the procurement of hydrofluoric acid. The hydrofluoric acid market has slightly declined.

Market forecast: In the near future, upstream raw material fluorite enterprises will gradually resume work, and there will be strong bullish sentiment on the market. In addition, sulfuric acid prices are showing an upward trend; In March, the downstream refrigerant industry gradually entered the peak production season, and overall, favorable factors still exist. There are also opportunities for a rebound in the price of hydrofluoric acid in the later stage.