The price of aluminum fluoride dropped this week
According to the Commodity Market Analysis System of SunSirs, as of January 22, the domestic quotation for aluminum fluoride was 10,350 RMB/ton, a decrease of 1.66% from the price of aluminum fluoride on January 15, which was 10,525 RMB/ton. Downstream procurement had decreased, the demand for aluminum fluoride had decreased, and the downward pressure on aluminum fluoride had increased. The price of aluminum fluoride had fluctuated and fallen.
Raw material costs reduced
According to the Commodity Market Analysis System of SunSirs, as of January 22, the price of fluorite was 3,356.25 RMB/ton, a decrease of 2.19% compared to the price of 3,431.25 RMB/ton on January 15. The supply of fluorite was sufficient, inventory was low, downstream demand was sluggish, and the fluorite market was declining. The prices of raw materials had fallen, and the cost of aluminum fluoride raw materials had decreased.
Procurement by electrolytic aluminum manufacturers reduced
The cost of electrolytic aluminum continued to rise, the profits of electrolytic aluminum enterprises had decreased, and the willingness of enterprises to start production had decreased. In addition, as the end of the year approaching, some electrolytic aluminum manufacturers were parking for holidays, resulting in a decrease in electrolytic aluminum production. As a result, electrolytic aluminum manufacturers had reduced their purchases of aluminum fluoride, leading to a decrease in demand for aluminum fluoride.
Market outlook
SunSirs' aluminum fluoride industry analyst believes that the production of electrolytic aluminum manufacturers had decreased, downstream raw material aluminum fluoride procurement had decreased, and demand for aluminum fluoride had decreased. In the future, the cost of aluminum fluoride will decrease, and the demand will decline. It is expected that the price of aluminum fluoride will fluctuate and fall in the future.
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