SunSirs: The Price of Aluminum Fluoride Rose on November 8
November 09 2021 13:37:55 SunSirs (John)
The price of aluminum fluoride rose on November 8
According to data from SunSirs, the domestic aluminum fluoride price was 12,766.67 RMB/ton on November 8, which was an increase of 2.13% from the price of 12,500.00 RMB/ton on the previous trading day (November 5); on November 8, the trend of aluminum fluoride rose strongly.
Overview of industry chain market
According to the monitoring of SunSirs, the market for hydrofluoric acid rose this week. On November 8, the price of hydrofluoric acid was 13,990.00 RMB/ton, which was an increase of 3.25% from the price of 13,550 RMB/ton on November 1. The price of hydrofluoric acid rose sharply, and the cost of aluminum fluoride rose; the upward momentum of aluminum fluoride increased.
According to the monitoring of SunSirs, the price of electrolytic aluminum rose slightly on November 8. The overall aluminum price fluctuated and fell, and downstream demand weakened, which weakened the positive for aluminum fluoride, and increased the negative. The downward pressure on aluminum fluoride increased.
Market outlook
The aluminum fluoride industry analyst of SunSirs believes that the price of hydrofluoric acid, the raw material of aluminum fluoride, has risen recently, the cost of aluminum fluoride has risen, the price of electrolytic aluminum has fluctuated and fallen, and the demand for aluminum fluoride has weakened. On the whole, the upward momentum of aluminum fluoride is relatively strong, and downward pressure still exists. It is expected that the price of aluminum fluoride will fluctuate upward slightly in the future.
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