Morning Market Update: Domestic Anhydrous Hydrofluoric Acid (AHF)

I. Key Focus Points

1. The market sentiment for 97% fluorspar powder remains conflicted, with sellers maintaining firm price expectations. The sulfuric acid market shows mixed movements (some rising, some falling), while downstream demand remains sluggish.
2. For October, the mainstream delivered price for anhydrous hydrofluoric acid used in refrigerants is referenced at RMB 14,500–14,600 per ton.
3. In the East China market, major fluorocarbon refrigerant producers maintain firm offers, and the upward trend remains unchanged.

Core Logic: Sulfuric acid prices are consolidating at high levels, providing continued cost support. However, a significant contraction in demand indicates that negative factors are persistently transmitting through the supply chain.

II. Price Table

(Note: All prices are in RMB/ton)

III. Market Outlook

Last week, the domestic market for anhydrous hydrofluoric acid was characterized by strong bearish sentiment. During the bidding and pricing cycle, pessimistic emotions were prevalent within the market. Upstream sulfuric acid prices faced continuous downward pressure, widening profit margins, while fluorspar prices remained at high levels with limited room for further increases. Major downstream refrigerant markets significantly reduced procurement volumes, and operating consumption is expected to contract sharply, which may dampen production enthusiasm in the future.

September fixed prices for anhydrous hydrofluoric acid were as follows:

• Sinochem Taicang: RMB 15,200/ton
• Shangyu: RMB 15,100/ton
• Meilan: RMB 15,050/ton
• Juhua: RMB 15,000–15,050/ton
• Dongyue: RMB 15,100/ton

As of this report, the mainstream delivered price for anhydrous hydrofluoric acid in the domestic market is referenced at RMB 14,500–14,600/ton.

IV. Data Table