The Rising and Falling Waves: Exploring the Anhydrous Hydrofluoric Acid Price Trend

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Anhydrous Hydrofluoric Acid Production Cost

In 2023’s first and second quarters, the anhydrous hydrofluoric acid market in Asia experienced price falls and fluctuations. Slow demand from both domestic and overseas markets, weak feedstock prices, and ample product availability influenced the first quarter’s trend. In the second quarter, the positive push from feedstock prices and increased demand from refrigeration industries initially supported the market, but later demand became flat, leading to stockpiling and declining prices.

In Europe, the market was volatile, with the first quarter showing an incline due to new market players’ entry, but subsequent months saw declining prices due to inflation and economic uncertainties. The second quarter’s trend was driven by rising feedstock prices, low inventories, high end-user demand, and heatwaves. In North America, prices initially inclined due to balanced supply and demand, but inflation and weak buyer purchasing impacted the market. The second quarter saw an incline with improved demand and the onset of summer, leading to price stabilization.

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Definition

Anhydrous Hydrofluoric Acid is a highly reactive and corrosive chemical compound with the chemical formula HF. It exists as a colorless and pungent gas or a fuming liquid when dissolved in water. AHF is an essential industrial chemical used primarily as a precursor to produce various fluorine-containing compounds, such as refrigerants, fluoropolymers, and fluorinated solvents. It is also trapstar tracksuit employed in semiconductor manufacturing, glass etching, uranium enrichment, and as a catalyst in certain chemical reactions. Due to its extreme reactivity and toxicity, AHF requires careful handling and strict safety measures in industrial applications.

Key Details About the Anhydrous Hydrofluoric Acid Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Anhydrous Hydrofluoric Acid in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The anhydrous hydrofluoric acid price chart, including India Anhydrous Hydrofluoric Acid price, USA Anhydrous Hydrofluoric Acid price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Anhydrous Hydrofluoric Acid Price Trend:

The price trend of anhydrous hydrofluoric acid (AHF) is significantly impacted by its industrial uses. AHF is a crucial chemical compound employed in various industries, including semiconductor manufacturing, petroleum refining, glass etching, and chemical synthesis. In the semiconductor industry, AHF plays a vital role in the production of high-purity silicon wafers, where even slight fluctuations in its availability and cost can have a profound impact on the overall production costs. Additionally, AHF is utilized in the petroleum industry for alkylation processes, essential in the production of high-octane gasoline. Its price fluctuations can thus influence fuel prices for consumers.

Furthermore, its role in glass etching and chemical synthesis underscores its importance in various manufacturing processes. Consequently, any shifts in demand or supply within these industries can lead to notable fluctuations in the price trend of anhydrous hydrofluoric acid. This makes it imperative for stakeholders in these sectors to closely monitor and adapt to the ever-evolving dynamics of the AHF market.

Key Players:

  • Daikin
  • Dongyue Group
  • Sinochem
  • Yingpeng Chemical
  • Honeywell International Inc
  • Stella Chemifa Corp.
  • Koura Global
  • Lanxess
  • Solvay

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