Get the latest insights on price movement and trend analysis of Anhydrous Hydrofluoric Acid in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Anhydrous Hydrofluoric Acid Price Trend for the H1 of 2023
The prices of anhydrous hydrofluoric acid fell in the first quarter of 2023 and fluctuated in the second quarter. The trend in the first quarter was affected by the slow demand from the domestic and overseas markets, weak support from the feedstock prices, and ample availability of the product in the market. In the initial months of the second quarter, the anhydrous hydrofluoric acid market was supported by the positive push by the feedstock prices and increased demand from the refrigeration industries. But in the later months, the demand became flat, which led to the stockpiling of the product in the market, and with declining feedstock and crude oil prices, the price trend of anhydrous hydrofluoric acid declined.
A volatile trend was observed in the first and second quarters of 2023 in the anhydrous hydrofluoric acid market. In the initial months of the first quarter, the price trend inclined as the entry of new market players increased the competition in the market. However, in the following months, the rising pressure of inflation and uncertainties in the economic condition of the anhydrous hydrofluoric acid market led to a decline in its prices. In the second quarter, the trend was mostly affected by the rising prices of feedstock materials, low inventories, and high demand from the end-user industries. The rising demand and spreading of heatwaves in the region also helped drive the anhydrous hydrofluoric acid prices positively.
The prices of anhydrous hydrofluoric acid inclined initially in the first quarter of 2023 as they were supported by the balance in the supply and demand dynamics of North America. However, the trend declined towards the end of Q1 as the rising rates of inflation and poor purchasing potential of buyers negatively impacted the market. Then again, in the second quarter, with improvement in the demand sector and the onset of the summer season, the price trend inclined. The prices then stabilized in May and June and resulted in a flat trend of anhydrous hydrofluoric acid.
According to Procurement Resource, anhydrous hydrofluoric acid prices are estimated to showcase a fluctuating trajectory in the upcoming quarter, given the uncertain downstream demands.
Procurement Resource provides latest prices of Anhydrous Hydrofluoric Acid. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Anhydrous hydrofluoric acid is a highly corrosive and hazardous chemical compound with the chemical formula HF. It is a colorless and pungent gas when in its purest form or a fuming liquid when dissolved in water. Anhydrous hydrofluoric acid is a strong acid and can react violently with various materials, including glass and metals. It is primarily used in industrial processes, such as etching and cleaning operations, and also finds applications in the manufacturing of certain chemicals and pharmaceuticals.
|Product Name||Anhydrous Hydrofluoric Acid|
|Molecular weight||20.006 g/mol|
|Synonyms||Fluorane, Hydrogen fluoride|
|Industrial Uses||Glass etching, Glass metal cleaning, Fluorine gas production, Catalyst|
|Supplier Database||Daikin, Dongyue Group, SinochemYingpeng Chemical, Honeywell International Inc, Stella Chemifa Corp., Koura Global, Lanxess, Solvay|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The process starts with the aqueous hydrofluoric acid solution reacting with sulfuric acid. After heating the resulting solution, sulfuric acid works as a dehydrating agent to separate the water from the hydrofluoric acid component. After heating, the water vaporizes, and the resulting chemical compound is anhydrous hydrofluoric acid.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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