The aluminum fluoride prices weakly declined this week

According to the Commodity Market Analysis System of SunSirs, as of August 4th, the domestic quotation for aluminum fluoride was 9,575 RMB/ton, a decrease of 0.78% compared to the 9,650 RMB/ton price of aluminum fluoride on July 28th last weekend. The prices of raw materials had fallen, and the cost of aluminum fluoride had decreased. This week, the price of aluminum fluoride fluctuated and fell.

The prices of raw material hydrofluoric acid weakly declined

According to the Commodity Market Analysis System of SunSirs, as of August 4th, the price of hydrofluoric acid was 9,483.33 RMB/ton, a decrease of 1.07% compared to the price of 9,585.71 RMB/ton on July 28th last weekend. Poor demand had led to severe losses for hydrofluoric acid companies. Recently, some hydrofluoric acid units were shut down and waiting for market demand, resulting in a decrease in spot supply of hydrofluoric acid and the orders of hydrofluoric acid manufacturers were weak. As a result, the hydrofluoric acid market remained sluggish, and the demand for hydrofluoric acid was weak during the off-season of refrigerants. This week, hydrofluoric acid prices were weakly declining and the cost of aluminum fluoride had decreased, increasing the downward pressure on aluminum fluoride.

Market outlook

Analysts of the fluoride aluminum industry from SunSirs believe that the price of hydrofluoric acid had weakened and decreased this week, resulting in a decrease in the cost of raw materials for fluoride aluminum. In the future, cost reduction and weak demand will increase the downward pressure on aluminum fluoride, and it is expected that aluminum fluoride prices will fluctuate and fall in the future.

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