SunSirs: Aluminum Fluoride Prices Fell This week
April 24 2023 13:50:29 SunSirs (John)
The price of aluminum fluoride fluctuated and fell this week
According to the Commodity Market Analysis System of SunSirs, as of April 21, the domestic quotation for aluminum fluoride was 9,525 RMB/ton, a decrease of 1.80% compared to the price of 9,700 RMB/ton on April 14; The price of aluminum fluoride decreased by 2.81% compared to the price of 9,800 RMB/ton on April 1st.
Yunnan faced power restrictions, and the operating rate of electrolytic aluminum decreased
The climate drought led to a decrease in hydropower, and since mid February, Yunnan has been implementing "power rationing and production reduction". Several electrolytic aluminum enterprises in Yunnan had limited production and reduced production, with some reducing production by 40%. The production of electrolytic aluminum decreased, the downstream demand for aluminum fluoride decreased, and the downward pressure on aluminum fluoride increased.
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 tabilized. Yunnan faced power restrictions and a decrease in electrolytic aluminum production. Downstream market was weak, and demand for aluminum fluoride was poor. Yunnan faces power restrictions and a decrease in electrolytic aluminum production. Downstream market is weak, and demand for aluminum fluoride is poor.
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