ChemPriceHub Alert: Increased Supply of Hydrofluoric Acid Puts Downward Pressure on Prices

On February 9, Fujian Longfu's production facility, with a total capacity of 115,000 tons across four production lines, is currently operating three lines. It is expected that the hydrofluoric acid production capacity will reach 160,000 tons in the future. The latest quoted price is 12,300 yuan/ton delivered to the plant, with actual orders subject to negotiation. PriceSeek's analysis of hydrofluoric acid indicates a bearish score of -1. The article reveals that Fujian Longfu's current capacity is 115,000 tons, with three lines in operation, and an expected future capacity increase to 160,000 tons, indicating a significant rise in supply. The increase in supply may lead to a looser market supply-demand balance, exerting downward pressure on spot prices. The latest quoted price of 12,300 yuan/ton delivered to the plant, coupled with the emphasis on actual order negotiations, reflects enhanced buyer bargaining power, further reinforcing bearish expectations. The score is -1 (generally bearish), as the capacity expansion expectation is clear but not a sudden major event, and spot prices may experience a slight decline in the short term.