The price of aluminum fluoride remains stable temporarily after the holiday

The price of aluminum fluoride remains stable temporarily after the holiday

According to the Commodity Market Analysis System of Business Society, as of February 18th, the domestic quotation for aluminum fluoride is 10225 yuan/ton, which is temporarily stable compared to the price of aluminum fluoride on February 9th before the holiday, which was 10225 yuan/ton; Compared to February 1st, the price of aluminum fluoride decreased by 1.21% to 10350 yuan/ton. The prices of raw materials have fallen, the cost of aluminum fluoride has decreased, and the price of aluminum fluoride has fallen in February. After the holiday, the replenishment of aluminum fluoride inventory is poor, and the price of aluminum fluoride is temporarily stable.

Reduced raw material costs

According to the Commodity Market Analysis System of Shengyishe, as of February 18th, the price of fluorite is 3343.75 yuan/ton, which is temporarily stable compared to the price of 3343.75 yuan/ton on January 31st. During the Spring Festival, the construction of fluorite mines was poor, the supply of fluorite was tight, and the price support for fluorite remained. Downstream enterprises had poor purchasing sentiment, and upstream and downstream games led to weak and stable fluorite prices.

According to the Commodity Market Analysis System of Business Society, as of February 18th, the quotation for hydrofluoric acid was 10083.33 yuan/ton, a decrease of 1.47% compared to the quotation of 10233.33 yuan/ton on January 31st. In early February, some hydrofluoric acid companies sold at reduced prices, resulting in a decrease in hydrofluoric acid prices. Downstream replenishment after the holiday was average, and hydrofluoric acid orders were average. The price of hydrofluoric acid remained stable temporarily, and the cost of aluminum fluoride raw materials decreased in February.

Market Overview and Forecast

According to analysts from Shengyishe Aluminum Fluoride Industry, the prices of raw materials such as fluorite and hydrofluoric acid fell in February, leading to a decrease in the cost of aluminum fluoride. In the off-season of the electrolytic aluminum market, downstream replenishment after the holiday was average, and downstream customer purchases of aluminum fluoride were weak, resulting in a decrease in demand for aluminum fluoride. In the future, the cost of aluminum fluoride will decrease, and the demand will decrease. It is expected that the price of aluminum fluoride will fluctuate and fall in the future.