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SunSirs: The Market Price of Dry Process Aluminum Fluoride Fell in April

April 30 2020 13:46:43     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the price of domestic dry aluminum fluoride fell in April. The average market price at the beginning of the month was 9,266 RMB/ton, and at the end of the month was 9,066 RMB/ton, the price fell by 2.16%.

 

Analysis review   

Product: In April, the price of aluminum fluoride fell, and some aluminum fluoride manufacturers raised their ex-factory prices: the current ex-factory price of aluminum fluoride from Zhengzhou Tianrui Crystal Technology Co., Ltd. is 8,500 RMB/ton, and the ex-factory price of aluminum fluoride from Shandong Luzeng Chemical Co., Ltd. is 9,600 RMB/ton , the price of aluminum fluoride from Zhengzhou Zerun Energy Chemical is 9,200 RMB/ton.

Industrial chain: In April, the price of hydrofluoric acid fell unilaterally. Recently, the shipment of manufacturers has been general. The domestic spot supply of hydrofluoric acid is sufficient. However, the downstream refrigerant industry has poor demand, and the market price of hydrofluoric acid has fallen sharply. In addition, the price of raw material fluorite fell, and the market price of hydrofluoric acid was negatively affected and the price fell sharply in April. As of the end of the month, the mainstream of hydrofluoric acid negotiations in the southern region was 8,000-9,500 RMB/ton, and the price of hydrofluoric acid in the northern market was 8,500-9,500 RMB/ton. This month, the demand for aluminum fluoride in the market was insufficient, and the market price went down. Zhengzhou Zerun Energy Chemical Aluminum Fluoride's quotation was lowered by 400 RMB/ton.

 

Market outlook

Analysts of the aluminum fluoride industry of SunSirs believe that the upstream hydrofluoric acid market in April is in general demand, and the market price is still trending lower. It is expected that the price of aluminum fluoride will stabilize in the near future.

 

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