Weekly Outlook for the Domestic Anhydrous Hydrofluoric Acid (AHF) Market

I. Key Focus Points

1. Market sentiment for 97% fluorspar powder remains conflicted, with sellers maintaining firm pricing. The sulfuric acid market is mixed (some prices rising, others falling), while downstream demand remains sluggish.
2. For October, the mainstream delivered price reference for anhydrous hydrogen fluoride used in refrigerants is RMB 14,500–14,800 per ton.
3. Quotes from major manufacturers in the East China fluororefrigerant market remain firm, and the primary upward trend continues unchanged.

Core Logic: Sulfuric acid prices are consolidating at high levels, providing continued cost support. However, significant contraction in demand is driving bearish factors through the market.

II. Price List

Notes:

1. Prices listed are references for the refrigerant industry.
2. Price changes reflect comparisons with the closing price of the previous trading day.
3. Procurement prices for industries other than refrigerants tend to be relatively higher.

III. Market Outlook

Last week, domestic market sentiment for anhydrous hydrogen fluoride was conflicted. With the bidding and pricing cycle approaching, participants adopted a cautious wait-and-see attitude. On the supply side, as demand declined, market players gradually became desensitized to production halts by large northern plants. Strong regional support for sulfuric acid helped stabilize seller sentiment. Meanwhile, weak consolidation on the demand side deepened the wait-and-see approach among buyers.

October pricing for anhydrous hydrogen fluoride:

• Sinochem Taicang: RMB 14,600/ton
• Shangyu: RMB 14,500/ton
• Meilan: RMB 14,800/ton
• Juhua: RMB 14,500–14,550/ton
• Dongyue: RMB 14,760/ton

As of press time, the mainstream delivered price reference for the domestic anhydrous hydrogen fluoride market stands at RMB 14,500–14,800/ton.

IV. Data Table

Note:
The production profit margin is industry-level data reflecting the overall profitability across mainstream regions, calculated as the ratio of industry profit to the average price.