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SunSirs: Summary of Domestic Aluminum Fluoride Market on May 16th
May 16 2023 13:57:32()

The price of electrolytic aluminum has fluctuated and fallen, while the price of aluminum fluoride has stabilized. The upward momentum of aluminum fluoride has weakened, and downward pressure still exists.

On May 15th, the commodity price ratio index of hydrofluoric acid and aluminum fluoride was 119.01, a decrease of 0.61 points from yesterday, a decrease of 32.15% from the highest point in the cycle of 175.40 points (2017-10-15), and a rise of 35.79% from the lowest point of 87.64 points on May 3rd, 2018. (Note: The cycle refers to the period from January 1, 2012 to the present). The price of hydrofluoric acid fluctuates and stabilizes, while the price of aluminum fluoride stabilizes. The upward momentum of aluminum fluoride weakens and downward pressure still exists.

On May 16th, the domestic aluminum fluoride market underwent a strong adjustment, with market quotations ranging from 9000 to 9700 RMB/ton. The raw material hydrofluoric acid market is fluctuating and stabilizing, the price of fluorite is stabilizing, and the cost of aluminum fluoride is fluctuating and adjusting; Electrolytic aluminum enterprises have temporarily stabilized their operations, with prices of cryolite fluctuating and rising. The demand for aluminum fluoride is average, while aluminum fluoride enterprises have stable operations and sufficient supply of aluminum fluoride. The aluminum fluoride market is stabilizing in the future.

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