Aluminum fluoride prices fluctuate and rise this week
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According to the Commodity Market Analysis System of the Business Society, as of September 14th, the domestic quotation for aluminum fluoride was 9725 yuan/ton, an increase of 3.18% compared to the price of 9425 yuan/ton on September 7th. The prices of raw materials such as fluorite and hydrofluoric acid have risen, leading to cost transmission. This week, aluminum fluoride fluctuated and rose.
The price of raw material hydrofluoric acid has increased
According to the Commodity Market Analysis System of the Business Society, as of September 14th, the price of hydrofluoric acid was 10316.67 yuan/ton, an increase of 2.15% compared to the price of 10100 yuan/ton on September 7th; The price of hydrofluoric acid increased by 2.82% compared to 10033.33 yuan/ton on September 1st. Recently, some devices are still in shutdown, and there has been little change in the spot supply of hydrofluoric acid. The order situation for hydrofluoric acid from manufacturers has slightly increased. In addition, the price of sulfuric acid has risen significantly, leading to an increase in the price of fluorite. The rising prices of raw materials such as fluorite and sulfuric acid have driven the hydrofluoric acid market higher. The support for the price increase of aluminum fluoride in the future is increasing.
Rising prices of raw material fluorite
According to the Commodity Market Analysis System of the Business Society, as of September 14th, the price of fluorite was 3350 yuan/ton, an increase of 4.89% compared to the price of 3193.75 yuan/ton on September 7th; The price of fluorite increased by 5.30% compared to 3181.25 yuan/ton on September 1st. Since September, the price of fluorite has continued to rise. The upstream mining of fluorite is tight, and backward mines will continue to be phased out. Under the golden nine silver ten market, demand for fluorite is expected to rebound, and downstream enterprises follow up on demand. The price of fluorite continues to rise, supporting costs, and increasing support for the rise of aluminum fluoride.
Market Overview and Forecast
Analysts from the fluoride aluminum industry at Business Society believe that the prices of hydrofluoric acid and fluorite have fluctuated and increased this week, leading to an increase in the cost of raw materials for fluoride aluminum. Overall, the expected rebound in demand due to rising costs, increased support for the rise of aluminum fluoride, and expected fluctuations in aluminum fluoride prices in the future.
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