Anhydrous Hydrofluoric Acid Prices Trend, Monitor, News, Analytics and Forecast | ChemAnalyst
Anhydrous Hydrofluoric Acid Prices: During the Quarter Ending December 2023
North America:
During the fourth quarter of 2023, the Anhydrous Hydrofluoric Acid market in North America saw a bullish trajectory, witnessing price hikes across the quarter. This trend was influenced by several factors. Firstly, a decrease in imports led to a supply reduction. Additionally, rising production costs, propelled by increased Fluorite prices upstream, prompted manufacturers to adjust their pricing upward.
Demand for Anhydrous Hydrofluoric Acid remained moderate to high, especially from the refrigerant and other end-use sectors. However, new orders from overseas consumers dwindled. In the USA, which experienced the most notable price shifts in the region, the price of Anhydrous Hydrofluoric Acid rose by 1.4% during the quarter, reflecting the broader North American market dynamics.
In December, Anhydrous Hydrofluoric Acid prices in the USA remained stable, devoid of significant seasonality or correlation. Compared to the same quarter of the previous year, prices remained unchanged. However, there was no significant percentage change when compared to the preceding quarter of 2023. The quarter’s end saw Anhydrous Hydrofluoric Acid priced at USD 2580/MT (DDP Houston).
Get Real Time Prices of Anhydrous Hydrofluoric Acid: https://www.chemanalyst.com/Pricing-data/anhydrous-hydrofluoric-acid-1472
APAC:
In the fourth quarter of 2024, the Anhydrous Hydrofluoric Acid market in the APAC region displayed a mixed pricing trend. The market faced a bearish outlook with ample supply and subdued consumer demand. While the cost support from upstream fluorspar remained stable initially, downstream industries in India struggled due to poor demand and volatile oil prices, impacting specialty chemical companies’ profitability.
In China, prices experienced a slight decline due to weakened demand from downstream sectors, leading sellers to adjust their quotations accordingly. The uptick in sulfuric acid prices further bolstered the hydrofluoric acid market fundamentals. Although upstream Fluorite prices stabilized and production costs remained unchanged, the market in China reflected a bearish sentiment, with a 2.2% price increase during the quarter.
South America:
During the fourth quarter of 2023, the Anhydrous Hydrofluoric Acid market in South America showed a mixed pricing trend. In Brazil, prices surged in October due to increased imports of higher-priced goods. However, improving business conditions in recent weeks, particularly in downstream refrigerant and other industries, were observed.
The central bank of Brazil initiated an easing cycle in response to excessive inflation, reducing the main interest rate. While November saw stable prices with minimal market changes, December witnessed a marginal decrease in prices due to lower-priced imports and reduced upstream fluorite costs.
Despite stable demand from the refrigerant sector, overall GDP growth remained sluggish, prompting the central bank to gradually lower interest rates amid escalating prices. As of December 2023, Anhydrous Hydrofluoric Acid prices (CFR Santos Port) were assessed at USD 1564/MT.
Get Real Time Prices of Anhydrous Hydrofluoric Acid: https://www.chemanalyst.com/Pricing-data/anhydrous-hydrofluoric-acid-1472
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