Aluminum fluoride prices have fallen this week

Aluminum fluoride prices have fallen this week

According to the Commodity Market Analysis System of the Business Society, as of November 23, the domestic quotation for aluminum fluoride was 11325 yuan/ton, a decrease of 1.09% from the 11450 yuan/ton price of aluminum fluoride on November 16 last week. Cost support has weakened, aluminum fluoride enterprises are resuming work and demand is weak. This week, aluminum fluoride prices have fluctuated and fallen.

Reduced cost support

According to the Commodity Market Analysis System of the Business Society, as of November 23, the price of fluorite was 3700 yuan/ton, which is stable compared to the price of fluorite on November 7, which was 3700 yuan/ton. As of November 23, the price of hydrofluoric acid was 11116.67 yuan/ton, a decrease of 0.60% compared to November 7′s price of 11183.33 yuan/ton. The construction of fluorite mines is poor, downstream demand is sluggish, the fluorite market is stagnant, and fluorite prices are weak and temporarily stable. Downstream refrigerant manufacturers of hydrofluoric acid are operating at low loads, and downstream procurement of hydrofluoric acid is poor. In addition, hydrofluoric acid exports are relatively weak, resulting in a slight decrease in hydrofluoric acid prices in the later stage. The price of raw materials has decreased, the cost of aluminum fluoride raw materials has decreased, and the cost support for aluminum fluoride has weakened.

Market Overview and Forecast

Analysts from the fluoride aluminum industry at the Business Society believe that the price of hydrofluoric acid has slightly decreased, resulting in a decrease in the cost of fluoride aluminum; Yunnan has limited electricity, resulting in a decrease in electrolytic aluminum production and a decrease in demand for aluminum fluoride; The resumption of operations by aluminum fluoride enterprises has led to an increase in aluminum fluoride supply, and the willingness of aluminum fluoride manufacturers to increase prices has weakened. Overall, the increase in supply and weak demand for aluminum fluoride, coupled with a decrease in costs, are expected to lead to a volatile decline in aluminum fluoride prices in the future.