On February 5th, the Sichuan Yongjing Wet Electronic Chemicals and Electronic Specialty Gases Project outlined plans to construct facilities with an annual production capacity of 50,000 tons of electronic-grade hydrofluoric acid, 20,000 tons of semiconductor-grade hydrofluoric acid, and 200 tons of semiconductor-grade hydrogen fluoride, with a total investment of approximately 1.06 billion yuan. PriceSeek's analysis of hydrofluoric acid indicates a bearish score of -1. Sichuan Yongjing's plan to add annual capacities of 50,000 tons of electronic-grade hydrofluoric acid and 20,000 tons of semiconductor-grade hydrofluoric acid, with a total investment of 1.06 billion yuan, will significantly increase supply by 70,000 tons per year. Against a backdrop of stagnant demand growth, this is expected to exert downward pressure on spot prices of hydrofluoric acid, with a score of -1 indicating a generally bearish outlook.
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