In the first half of the year, the price of aluminum fluoride fluctuated and fell
According to the commodity market analysis system of SunSirs, as of June 30, the quotation of aluminum fluoride in China was 9,900 RMB/ton, down 18.85% from 12,200 RMB/ton of aluminum fluoride on January 1. The price of raw materials fluctuated and fell, the cost of aluminum fluoride fell, and in the first half of the year, the price of aluminum fluoride fell step by step; Affected by the delayed price rise of raw material fluorite and hydrofluoric acid, the price of aluminum fluoride rose first and then fell from May to June, and the overall market rise of aluminum fluoride was not supported enough.
Annual price comparison of aluminum fluoride
According to the commodity market analysis system of SunSirs, the price of aluminum fluoride in 2023 dropped significantly compared with that in 2022; The price of aluminum fluoride increased year on year compared with that in 2020 and 2021. In June, the price of aluminum fluoride was relatively low, and the downward pressure of aluminum fluoride was still limited.
The price of raw material hydrofluoric acid fluctuated and fell
According to the Commodity Market Analysis System of SunSirs, on June 30th, the price of hydrofluoric acid was 9,657.14 RMB/ton, a decrease of 22.74% compared to the price of 12,500 RMB/ton on January 1st at the beginning of the year. The demand for downstream refrigerants was sluggish. In the first quarter, the price of hydrofluoric acid dropped sharply, with a maximum decline of 22.29%. Influenced by environmental protection and the unexpected shutdown of mines in the upstream, the price of hydrofluoric acid rose slightly in April, the peak season of downstream refrigerants was not strong, and the demand for hydrofluoric acid weakened. The price of hydrofluoric acid dropped sharply from May to June, and the overall cost of aluminum fluoride raw materials fell. The pressure of aluminum fluoride falling in the half year was greater.
The price of raw material fluorite fluctuated and fell
According to the Commodity Market Analysis System of SunSirs, on June 30th, the price of fluorite was 3,117.50 RMB/ton, a decrease of 5.53% compared to the 3,300 RMB/ton price on January 1st. Downstream off-season demand was weak, coupled with an increase in fluorite supply, resulting in a significant drop in fluorite prices from January to February; Due to environmental requirements and unexpected shutdown of fluorite mines, fluorite prices fluctuated and increased from March to April; The downstream peak season was not strong, and the demand for fluorite was less than expected. The rise of fluorite lost support, and the price of fluorite fluctuated and fell in June.
Market Overview and Forecast
The analysts of aluminum fluoride industry from SunSirs believe that the demand was cold, and the prices of fluorite and hydrofluoric acid fluctuated and fell in the first quarter; During the peak season, prices of fluorite and hydrofluoric acid rose first and then fell in the second quarter; In general, the cost of aluminum fluoride raw materials had dropped significantly. In the downstream, the demand for electrolytic aluminum was weak, and the demand for aluminum fluoride was insufficient. In general, in the first half of the year, the cost of aluminum fluoride fell and demand was weak, so the downward pressure of aluminum fluoride increased, and the price of aluminum fluoride dropped sharply.
In the future, the refrigerant peak season ended, the demand for fluorite and hydrofluoric acid was expected to decline, and the prices of fluorite and hydrofluoric acid were rising weakly, and the downward pressure was increasing. The demand for downstream electrolytic aluminum was expected to recover, the demand for aluminum fluoride was expected to rise slightly, the demand for cost reduction was expected to recover, and good and bad factors interweaved in aluminum fluoride market, The inventory of aluminum fluoride periodicals was high, and demand was shortage, and there was almost no risk. Cost factors mainly affected the trend of aluminum fluoride. It is expected that the price of aluminum fluoride will fluctuate and fall slightly in the future.
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