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Aluminum fluoride News
SunSirs: Commodity Chemicals: The Dry-Process Aluminum Fluoride Market Price Fall This Week (November 11-16)
November 18 2019 14:45:02SunSirs(Daisy)

1. Price Trend

According to the data from SunSirs’ bulk commodity data base, the domestic dry-process aluminum fluoride market price is stable this week. The average market price at the beginning of the week is 9,600 RMB/ton, and the weekend is 9,166 RMB/ton. The price drops by 3.51% compared with that last week.

2. Market Analysis

The price of aluminum fluoride is stable this week. The price of aluminum fluoride in Henan is at 8,600-9,500 RMB/ton, in Shandong at 8,600-9,600 RMB/ton. Zhengzhou Tianrui Grain Technology Co., Ltd.lists the factory price at 9,500 RMB/ton. Shandong Luzeng Chemical Co.,Ltd. lists the price at 10,500 RMB/ton. And Zhengzhou Zerun Energy and Chemical Co.,Ltd. gives the price at 8,500 RMB/ton.

Industry chain: According to data from SunSirs, the domestic market price of hydrofluoric acid is slightly lower. Up to now, the domestic market price of hydrofluoric acid is 9,600 RMB/ton, and the operating rate of domestic hydrofluoric acid factories is less than 60%. The company reflects that the current spot supply of hydrofluoric acid is sufficient. Recently, the hydrofluoric acid market does not have steady and active material flow. As the downstream demand has not improved, some hydrofluoric acid manufacturers have stagnated prices, and the market price of hydrofluoric acid has dropped slightly. At present, the mainstream of hydrofluoric acid in the southern region is about 9,000-9,500 RMB/ton. And the price of hydrofluoric acid in the northern market is 9,000-10,000 RMB/ton. The domestic market price of hydrofluoric acid remains at a low level, and the supply of spot goods are sufficient. But the demand situation is poor, and the market price of hydrofluoric acid remains low. Downstream aluminum fluoride manufacturers have continued to fall. Zhengzhou Tianrui Grain Co.,Ltd. and Shandong Luzeng Chemical Co.,Ltd .lowers the ex-factory price of aluminum fluoride by 300-500 RMB/ton. This week, the market price of aluminum fluoride continues to decline.

Market Forecasting  

SunSirs’ aluminum fluoride analytics believe that the upstream market price of hydrofluoric acid remains low. The price of aluminum fluoride in the previous period has remained firm. Recently, the downstream aluminum fluoride manufacturers have adjusted downwards. It is expected that the market price of aluminum fluoride will continue to fall next week.

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