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SunSirs: Aluminum Fluoride Market Remained Weak

June 16 2021 14:22:16     SunSirs (John)

Aluminum fluoride prices fell again

Aluminum fluoride prices fell again in June, and the aluminum fluoride market was weakly consolidating. According to data from SunSirs, the domestic aluminum fluoride price on June 15 was 8,533.33 RMB/ton, a decrease of 166.67 RMB/ton or 1.92% from the price of 8,700.00 RMB/ton on June 1.

Electrolytic aluminum price shocked and adjusted

According to the monitoring of SunSirs, the price of electrolytic aluminum fluctuated from a high level, the aluminum market consumption was not ideal, the downstream purchase willingness was not high, the market supply exceeded demand, the demand for aluminum fluoride was not good, and the rising support was insufficient.

The market of aluminum fluoride industry chain fell

According to the monitoring of SunSirs, the price of hydrofluoric acid in the upstream of the aluminum fluoride industry chain fell sharply. The cost of aluminum fluoride fell, the upward momentum of aluminum fluoride weakened and there was more room for decline. Since June, the price of hydrofluoric acid has stabilized, and the downward pressure on aluminum fluoride has weakened. The market outlook is expected to be stable.

Market outlook

The aluminum fluoride industry analyst of SunSirs believes that the price of raw materials fell, the cost of aluminum fluoride fell, and there was more room for aluminum fluoride to fall. The market for aluminum ingots is cold, the downstream demand for aluminum fluoride is limited, and the support for the rise of aluminum fluoride is insufficient. Generally speaking, the markets of upstream and downstream were weakly adjusted, and the aluminum fluoride market remained weak.

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

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