Press Release - Overview of Hydrofluoric Acid Market in February 2011

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CCM Data & Primary Intelligence Overview of Hydrofluoric Acid Market in February 2011 March 7, 2011; CCM International Limited

The price of Hydrofluoric Acid continues to increase by 15% to USD 1,800 /ton in February 2011 after the Chinese Spring Festival. The highest price in South-China reached USD 2,000 /ton with the lowest USD 1500/ton in Gansu. After the Spring Festival, most producers of Hydrofluoric Acid has started working again, and they are fully engaged by orders in one month. The market for hydrofluoric acid is under pressure from demand because the price of raw material- fluorite and the demand of downstream products-refrigerator increase. Continued increases in raw material and energy costs are still to be another propellant. The price of Hydrofluoric Acid is predicted to reach USD 1900/ton since the situation of fluorite in short supply will continue in short period and the demand of downstream products is increasing.

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