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SunSirs: The Prices of Raw Materials Continued to Rise, and the Price of Aluminum Fluoride Finally Rose after the Holiday
May 08 2023 09:38:53SunSirs(John)

The price of aluminum fluoride finally rose after the holiday

According to the Commodity Market Analysis System of SunSirs, the price of aluminum fluoride continued to decline, and the price of aluminum fluoride had stopped falling and risen after the holiday. As of May 6th, the domestic quotation for aluminum fluoride was 9,775 RMB/ton, an increase of 2.62% compared to the price of 9,525 RMB/ton on May 1st. The cost increased, and the price of aluminum fluoride fluctuated and increased after the holiday.

The price of raw materials increased

According to the Commodity Market Analysis System of SunSirs, since mid March, the prices of fluorite and hydrofluoric acid have fluctuated and increased. As of May 6th, the price of fluorite was 3125 RMB/ton, a continuous increase of 5.93% compared to the price of 2,950 RMB/ton on March 10th; As of May 6th, the price of hydrofluoric acid was 10,128.57 RMB/ton, an increase of 4.26% compared to March 10th's price of 9,714.29 RMB/ton, and a decrease of 2.21% compared to April 20th's price of 10,357.14 RMB/ton. The operating rate of fluorite and hydrofluoric acid enterprises was temporarily stable, and the supply was stable. The price of raw material fluorite continued to rise, and the price of hydrofluoric acid first rose and then fell. The cost of aluminum fluoride increased, and the support for the rise of aluminum fluoride was significant.

Market outlook

Analysts from the fluoride aluminum industry at SunSirs believe that after mid March, the price of raw material fluorite continued to rise, while the price of hydrofluoric acid first rose and then fell, resulting in an increase in the cost of aluminum fluoride raw materials. The cost of aluminum fluoride continued to rise, and demand remained weak. It is expected that aluminum fluoride prices will fluctuate and rise in the future.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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