Aluminum fluoride prices fluctuated downward
According to the Commodity Market Analysis System of SunSirs, as of June 6th, the domestic quotation for aluminum fluoride was 10,125 RMB/ton, a decrease of 2.88% compared to the price of 10,425 RMB/ton on June 1st at the beginning of the month. The prices of raw materials continued to decline, and the cost of aluminum fluoride had decreased. In June, the price of aluminum fluoride fluctuated and fell.
The price of raw material hydrofluoric acid fluctuated and fell
According to the Commodity Market Analysis System of SunSirs, since mid April, the prices of raw material hydrofluoric acid have fluctuated and fallen. As of June 6th, the price of hydrofluoric acid was 9,657.14 RMB/ton, a decrease of 0.29% compared to the price of 9,685.71 RMB/ton on June 1st, and a decrease of 6.76% compared to the price of 10,357.14 RMB/ton on April 10th. The price of hydrofluoric acid continued to decline, the cost of aluminum fluoride decreased, and the downward pressure on aluminum fluoride increased.
Electrolytic aluminum prices fluctuated and fell
According to the Commodity Market Analysis System of SunSirs, as of June 6th, the price of electrolytic aluminum was 18,420 RMB/ton, which had stabilized compared to the price of electrolytic aluminum on June 1st, which was 18,413.33 RMB/ton; The price of electrolytic aluminum decreased by 3.69% compared to 19,126.67 RMB/ton on April 20th. Macroeconomic contracted, the investment in real estate decreased, the operating rate of electrolytic aluminum enterprises decreased, the downstream demand for aluminum fluoride was weak, and the support for the rise of aluminum fluoride had weakened.
Market outlook
Analysts of the fluoride aluminum industry from SunSirs believe that since mid April, the price of hydrofluoric acid ha continued to decline, resulting in a decrease in the cost of aluminum fluoride raw materials; Downstream electrolytic aluminum enterprises had seen a decline in production, weak demand for aluminum fluoride, and insufficient support for the rise of aluminum fluoride. Costs have decreased, demand is poor, and it is expected that the price of aluminum fluoride will fluctuate and fall in the future.
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