SunSirs: Cost Was Temporarily Stable, Demand Was Sluggish, Aluminum Fluoride Prices Were Stabilizing This Week
April 18 2023 13:55:17 SunSirs (John)
Aluminum fluoride prices stabilized this week
According to the Commodity Market Analysis System of SunSirs, as of April 14th, the domestic quotation for aluminum fluoride was 9,700 RMB/ton, which was stable compared to the price of aluminum fluoride on April 7th, which was 9700 RMB/ton; The price of aluminum fluoride decreased by 1.02% compared to 9,800 RMB/ton on April 1st.
Raw material prices stabilized this week
According to the Commodity Market Analysis System of SunSirs as of April 14th, the price of fluorite was 3,068.75 RMB/ton, which was temporarily stable compared to the price of fluorite on April 7th, which was 3,068.75 RMB/ton; As of April 14th, the price of hydrofluoric acid was 10,357.14 RMB/ton, which was stable compared to the price of 10,357.14 RMB/ton on April 7th. The operating rate of fluorite and hydrofluoric acid enterprises was temporarily stable at a low level, and the supply was slightly insufficient. This week, the prices of raw materials fluorite and hydrofluoric acid remained stable, and the cost of aluminum fluoride wass stabilizing. The support for the rise of aluminum fluoride was still present.
Market outlook
Analysts from the fluoride aluminum industry at SunSirs believe that the prices of raw materials such as fluorite and hydrofluoric acid stabilized this week, and the cost of fluoride aluminum raw materials stabilized; The downstream market remained weak, cryolite prices were temporarily stable, electrolytic aluminum prices were fluctuating and consolidating, and the demand for aluminum fluoride was poor. In the future, the cost of aluminum fluoride is stabilizing, and demand is weak. It is expected that the price of aluminum fluoride will stabilize in the future.
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