Aluminum fluoride prices slightly increased in May
According to the Commodity Market Analysis System of Business Society, as of May 31, the domestic quotation for aluminum fluoride was 11000 yuan/ton, an increase of 75 yuan/ton or 0.69% compared to the price of aluminum fluoride on May 1, which was 10925 yuan/ton. The raw material prices have stabilized at a high level, and the cost of aluminum fluoride was relatively good in May. Aluminum fluoride enterprises started operating steadily, and the market supply was sufficient. Downstream electrolytic aluminum started operating more, and the demand for aluminum fluoride was good. As a result, the price of aluminum fluoride remained stagnant and consolidated in May.
High consolidation of raw material prices
According to the Commodity Market Analysis System of Shengyishe, as of May 31st, the average price of fluorite was 3806.25 yuan/ton, an increase of 3.57% compared to the beginning of the month price of 3675.00 yuan/ton. As of May 31st, the price of hydrofluoric acid was 11620 yuan/ton, which is the same as the price of hydrofluoric acid on May 1st, which was 11620 yuan/ton. The resumption of work and production at the fluorite mine in May is still slow, and the supply of fluorite on site continues to be tight. The fluorite market has strong support, and the price trend of fluorite continues to rise. In May, the overall domestic hydrofluoric acid price remained stable, with little change in on-site equipment operation. Some manufacturers of hydrofluoric acid had accumulated inventory, and there were still equipment shutdowns waiting for the market. The spot supply of hydrofluoric acid was normal, with anhydrous hydrofluoric acid operating at around 60%. The price trend of hydrofluoric acid in May first rose and then fell. The prices of fluorite and hydrofluoric acid are mainly high, while the cost of aluminum fluoride is well supported, and the upward momentum of aluminum fluoride is increasing.
Electrolytic aluminum market fluctuates and rises
According to the Commodity Market Analysis System of Business Society, as of May 31, the average price of aluminum ingots in the East China market in China was 21256.67 yuan/ton, an increase of 3.49% compared to the aluminum price of 20540.00 yuan/ton on May 1. The rapid increase in alumina prices has provided strong cost support for aluminum ingot prices; The favorable policies at the end of the month have boosted the price of aluminum ingots again, resulting in overall strong aluminum ingot prices and good demand for aluminum fluoride.
Market Overview and Forecast
Market forecast: In terms of raw materials, the price of fluorite is rising, the hydrofluoric acid market is consolidating at a high level, and cost support is still acceptable; In terms of demand, the trend of electrolytic aluminum is relatively strong, which supports the demand for aluminum fluoride positively. In the future, the cost of aluminum fluoride is high, and the aluminum fluoride market has sufficient supply and good demand. It is expected that the aluminum fluoride market will continue to operate strongly in the future, with slight price fluctuations. In the future, attention will be paid to upstream price changes and downstream follow-up.
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