Cost increases, aluminum fluoride prices rise after the holiday

The price of aluminum fluoride increases after the holiday

According to the Commodity Market Analysis System of the Business Society, as of October 7th, the domestic quotation for aluminum fluoride was 10350 yuan/ton, an increase of 1.97% compared to the price of aluminum fluoride on October 1st, which was 10150 yuan/ton. After the holiday, the prices of raw materials such as fluorite and hydrofluoric acid fluctuated and increased, resulting in higher costs. Aluminum fluoride also rose after the holiday.

Rising prices of raw materials

According to the Commodity Market Analysis System of the Business Society, as of October 7th, the price of fluorite was 3662.50 yuan/ton, an increase of 3.17% compared to the price of fluorite on October 1st, which was 3550 yuan/ton. As of October 7th, the price of hydrofluoric acid was 11383.33 yuan/ton, an increase of 7.56% compared to the price of hydrofluoric acid on October 1st, which was 10583.33 yuan/ton. After the holiday, the resources of fluorite mines remain tight, with low inventory of fluorite merchants and tight supply, resulting in an increase in fluorite prices; Downstream refrigerant prices have increased, demand has increased, coupled with rising raw material prices, leading to an increase in the price of hydrofluoric acid. The prices of raw materials such as fluorite and hydrofluoric acid have increased, resulting in rising costs. The support for the future price increase of aluminum fluoride has increased.

Market Overview and Forecast

Analysts from the fluoride aluminum industry at the Business Society believe that after the holiday, the prices of hydrofluoric acid and fluorite fluctuate and rise, and the cost support for fluoride aluminum increases. In the future, rising costs are good for boosting, while the rise of aluminum fluoride is more supportive. It is expected that the price of aluminum fluoride will fluctuate and rise in the future.