Aluminum fluoride prices stabilized this week

Aluminum fluoride prices stabilized this week

According to the Commodity Market Analysis System of the Business Society, as of November 15th, the domestic quotation for aluminum fluoride was 11450 yuan/ton, which is stable compared to the price of aluminum fluoride on November 7th last week, which was 11450 yuan/ton. Cost pressure has weakened, demand support is limited, and aluminum fluoride prices have stabilized this week.

Reduced cost pressure

According to the Commodity Market Analysis System of the Business Society, as of November 15th, the price of fluorite was 3700 yuan/ton, which is stable compared to the price of fluorite on November 7th, which was 3700 yuan/ton. As of November 15th, the price of hydrofluoric acid was 11183.33 yuan/ton, which was stable compared to the price of hydrofluoric acid on November 7th, which was 11183.33 yuan/ton. The construction of fluorite mines is poor, downstream demand is sluggish, the fluorite market is stagnant, and fluorite prices are temporarily stable. Recently, some units of hydrofluoric acid manufacturers are still in shutdown, and there has been little change in the spot supply of hydrofluoric acid. The downstream orders of hydrofluoric acid from manufacturers are not good, and the export of hydrofluoric acid is relatively weak. In the future, hydrofluoric acid prices may remain low. The low price of raw materials remains stable, the cost of aluminum fluoride raw materials is stabilizing, and the cost pressure on aluminum fluoride is weakening.

Market Overview and Forecast

Analysts from the fluoride aluminum industry at Business Society believe that the low prices of hydrofluoric acid and fluorite have temporarily stabilized this week, and the cost of aluminum fluoride has stabilized. However, the operating load of fluorite and hydrofluoric acid enterprises is generally low, and the cost support for aluminum fluoride still exists; Yunnan faces power restrictions, expected decrease in electrolytic aluminum production, and a decrease in demand for aluminum fluoride; Aluminum fluoride enterprises are operating at a low level, and the supply of aluminum fluoride is shrinking. Aluminum fluoride manufacturers still have a willingness to raise prices. Overall, the supply and demand of aluminum fluoride are weak, and the cost is expected to stabilize. It is expected that the price of aluminum fluoride will stabilize in the future.