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SunSirs: "Aluminum" Hit a New High, the Market for Aluminum Fluoride Rose

August 27 2021 10:46:30     SunSirs (John)

Aluminum fluoride market rose

According to data from SunSirs, the price of aluminum fluoride has risen again this week, and the market for aluminum fluoride has risen. As of August 26, the domestic aluminum fluoride price was 8,866.67 RMB/ton, which was an increase of 4.31% from the price of aluminum fluoride at 8,666.67 RMB/ton on August 20, and the price was up 0.38% year-on-year.

Aluminum ingot prices hit a new high

According to the monitoring of SunSirs, the aluminum commodity index on August 25 was 115.15, an increase of 1.06 points from previous day, a record high in the cycle, and an increase of 112.38% from the lowest point of 54.22 on November 24, 2015. (Note: Period refers to 2011-09-01 to present). The price of aluminum ingots has risen for many consecutive days this week. On the 25th, the price of aluminum ingots reached a new high. This week, the price of aluminum ingots increased by 2.2%. The price of aluminum ingots hit a new high again, and the market for aluminum ingots continues to be high, and the driving force for the price increase of aluminum fluoride has increased.

The hydrofluoric acid market maintained its upward trend this week

According to the monitoring of SunSirs, the price of hydrofluoric acid rose slightly this week, and the price of hydrofluoric acid continued to rise. The price of hydrofluoric acid rose by 0.5% this week. The market for hydrofluoric acid continued to rise, which was more positive for aluminum fluoride, and the cost of aluminum fluoride was rising steadily.

Market summary and forecast

The aluminum fluoride industry analyst of SunSirs believes that the price of hydrofluoric acid in the upstream of the aluminum fluoride industry chain has risen slightly this week, the market of hydrofluoric acid is operating strongly, the cost of aluminum fluoride has risen, and the price of downstream aluminum ingots has reached a new high, and the aluminum fluoride industry chain is running strongly. In summary, the up-and-down process of the aluminum fluoride industry chain is operating strongly, and the rising momentum of aluminum fluoride is increasing, which stimulates the price of aluminum fluoride to increase. In the future, the price of aluminum ingots is likely to rise but hard to fall, the market for hydrofluoric acid remains strong, and the market for aluminum fluoride is strong. It is expected that the market for aluminum fluoride will run strongly in the future.

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