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An Overview of China HF Market & Top 15 Manufacturers of Hydrofluoric Acid

An Overview of China HF Market & Top 15 Manufacturers of Hydrofluoric Acid2016.09.07

Downstream Refrigeration Industry Stable – China HF Market May Slightly Flourish (June 15)

According to sources, the attitude of hydrofluoric acid market is quite positive in the last week and price is up slightly. The overall operation rate is low, the price of HF in the last weekend was ¥6530 ($1002) per metric ton, which is 0.62 percent higher compared to the beginning of the last week, and 1.78 percent lower than the same time period of last year.Hydrofluoric acid

In the last week, the HF market was rising slightly as the previous weeks. Influenced by G20 summit, the environmental supervision is getting tense. Most of the HF producers have lowered the operation rate because the gypsum residue waste generated by the HF production process is very hard to deal with, and it occupies much space. Currently, the price of HF in Zhejiang district is ¥6700-7000 ($1028-1074) per metric ton, and the price of HF in Jiangsu district is ¥6800-7200 ($1043-1104) per metric ton. The inventories of producers are relatively low now.

Supply Chain of China HF Market

Influenced by the enhanced environmental supervision, low operation rate and tight supply, the upstream fluorspar powder market went up slightly in the last week. Recently, the fluorspar powder market is raising generally, the price of 97 percent fluorspar powder is above ¥1500 ($230) per metric ton. However, the prices of fluorite block and fluorite particles are stable to firm, prices may recover due to the long term consumption.

The domestic sulphuric acid market was still in low position last week. Some major producers of sulphuric acid run in low operation rate because the products are sufficient in the market. The suppliers sell their inventories mostly by contracts, and very few separated orders. The downstream cryogen R22 market is stable with slightly tight supply.

In conclusion, the supply of HF is relatively tight recently, and the downstream cryogen market is stable. An analyst thinks that the HF market may continue to rise slightly, domestic price of HF will keep in ¥6500-7000 ($997-1074) per metric ton.

 

Top 15 Manufacturers of Hydrofluoric Acid in China (Export Volume & Amount)

Rank Export Volume (Metric Ton)
Manufacturer Year of 2015 Market Share
1 Xingqing International 51,500 22.8%
2 Fubao Tengda 19,950 8.8%
3 Zhejiang Sanmei 19,590 8.7%
4 Zhejiang Senmei 19,195 8.5%
5 Shaowu Huaxin 12,780 5.7%
6 Jiangxin Tianxing 12,295 5.4%
7 Shaowu Yongfei 11,412 5.0%
8 Jiangxi Yingguang 9,977 4.4%
9 Jiangxi Yingpeng 9,844 4.4%
10 Jiangxi Datang 8,118 3.6%
11 Huaxing Fluorine Chemistry 7,026 3.1%
12 Xuancheng Hengyuan 6,735 3.0%
13 Lansu Fluorine Chemistry 6,561 2.9%
14 Quzhou Nangaofeng 4,554 2.0%
15 Fujian Longfu 4,350 1.5%
Others 22,235 9.3%
Total 226,145 100.0%

 

Rank Export Amount (US Dollar)
Manufacturer Year of 2015 Market Share
1 Xingqing International 57,911 23.0%
2 Zhejiang Senmei 24,067 9.5%
3 Fubao Tengda 18,241 7.2%
4 Zhejiang Sanmei 18,184 7.2%
5 Jiangxi Datang 17,114 6.8%
6 Jiangxin Tianxing 14,252 5.7%
7 Shaowu Huaxin 13,748 5.4%
8 Shaowu Yongfei 13,057 5.2%
9 Jiangxi Yingpeng 11,180 4.4%
10 Jiangxi Yingguang 10,382 4.1%
11 Xuancheng Hengyuan 8,341 3.3%
12 Lansu Fluorine Chemistry 7,503 3.0%
13 Huaxing Fluorine Chemistry 6,587 2.6%
14 Quzhou Nangaofeng 4,555 1.8%
15 Fujian Longfu 4,400 1.7%
Others 22,729 9.0%
Total 252,257 100.0%

 

OKCHEM Hydrofluoric Acid

As a professional leader in hydrofluoric acid (HF) production and delivery, OKCHEM understands the rigorous requirements for producing and handling HF with the quality and safety our customers need. OKCHEM provides the best HF products produced by the famous brand Fubao in China (Ranked NO.2 with 8.8% market share of the total export volume of China HF market 2015). And the most comprehensive technical support in the industry is guaranteed to keep the delivery safe and reliable.

 

If you are interested in Hydrofluoric Acid, please do not hesitate to send us an inquiry at marketing@okchem.com. Follow our company’s Linkedin page to get the latest industry news on HF!

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