U.S. launches anti-dumping investigation against China’s difluoromethane (R32)!
2020-02-20
In February 2020, domestic aluminum fluoride production decreased by 52.0% month-on-month! Hydrofluoric acid prices have risen sharply!
2020-03-06

Raw material prices are firm, and refrigerant quotes are up!

It is understood that during the Spring Festival, most downstream companies such as refrigerants maintained production, and anhydrous hydrofluoric acid and fluorite fines were always consumed, so demand was relatively stable. Affected by the epidemic, delays in the resumption of work for fluorite and other companies, coupled with unsuccessful logistics, allowed companies to move from nearby locations, which led to the reluctance of companies with inventory to sell and increase their prices.
This week, the price of fluorite fine powder remained stable. It is understood that the current spot supply of refined fluorite powder is still tight, and the resumption time of mines and processing plants has not yet been determined. The downstream anhydrous hydrofluoric acid enterprises are gradually returning to production, and the demand side is favorable. In addition, the country ’s current transportation except Hubei is gradually recovering, but the logistics costs are higher, which has further pushed up product prices.
The price of anhydrous hydrofluoric acid rose this week. Affected by the epidemic situation, the cost of logistics transportation of anhydrous hydrofluoric acid is high. For areas where fluorine chemical enterprises are densely concentrated, the price of anhydrous hydrofluoric acid has increased rapidly due to tight spot prices. In addition, rising fluorite prices have provided strong cost support for anhydrous hydrofluoric acid.
The offer of aluminum fluoride was stable this week. It is understood that some aluminum fluoride companies have gradually resumed their work this week. Considering the increase in the price of raw fluorite fine powder and the difficulty in ensuring supply, and the high logistics cost, aluminum fluoride offers have remained strong and stable.
It is understood that downstream air-conditioning plants currently have a low rate of resumption of work, rising raw material prices have provided cost support for refrigerants, and the prices of refrigerant companies have continued to rise.