- Global hydrofluoric acid prices showed a stable to slightly firm trend in Q1 2026, with gradual increases supported by tight upstream mining and seasonal supply constraints.
- Feedstock dynamics remained tight as fluorite mining faced restrictions, environmental inspections, and holiday-related disruptions, while logistics and energy costs rose due to the Iran war and Strait of Hormuz disruptions.
- Downstream demand remained moderate, with refrigerants and fluorochemicals showing cautious procurement, while post–Spring Festival restocking provided limited support.
Asia
In China, the hydrofluoric acid price curve witnessed an upward trajectory in the first quarter of 2026. Initially, hydrofluoric acid price trend saw stable conditions with moderate demand and balanced supply. Ahead of the Chinese New Year and Spring Festival, procurement remained cautious, with buyers focusing on immediate needs. During February, mining activity declined due to holiday shutdowns and cold weather, tightening fluorite supply and supporting hydrofluoric acid pricing, although demand from refrigerants remained subdued.
After the Spring Festival, demand recovery was gradual, with operating rates improving but procurement still cautious. In March, prices strengthened slightly as upstream fluorite costs increased and inventories remained low. The Iran war and disruptions in the Strait of Hormuz raised logistics and energy costs, indirectly supporting hydrofluoric acid prices through higher production expenses and tighter supply chains.
Europe
In Europe, hydrofluoric acid prices followed a stable to firm trend, supported by tight feedstock availability and rising energy costs. The Iran war and disruptions in the Strait of Hormuz increased freight and raw material costs, impacting fluorochemical supply chains. Demand from refrigerants and industrial applications remained steady but cautious, with buyers limiting purchases to essential volumes due to cost uncertainty.
North America
In North America, hydrofluoric acid prices remained stable with slight upward pressure, driven by higher production costs and global supply constraints. The Iran war and logistical disruptions through the Strait of Hormuz increased transportation costs and energy-linked expenses, supporting prices. Demand from refrigerants and chemical applications remained steady, though procurement was cautious amid elevated costs.