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SunSirs: Aluminium Fluoride Market Soared This Week

November 22 2021 13:55:46     SunSirs (John)

Aluminum fluoride prices soared this week

According to data from SunSirs, the price of aluminum fluoride rose sharply this week. As of November 19, the average quotation of domestic aluminum fluoride was 14,266.67 RMB/ton, which was an increase of 10.31% from the price of 12,933.33 RMB/ton on last weekend (November 12); the aluminum fluoride market rose sharply this week.

Raw material prices rose at a high level this week

According to the monitoring of SunSirs, the price of hydrofluoric acid rose at a high level in November. As of November 19, the price of hydrofluoric acid was 14,010 yuan/ton, which was temporarily stable compared with the price of 14,010 yuan/ton on last weekend (November 12) and the market maintained stability at a high level; compared with the price of hydrofluoric acid at the beginning of November at 13,550 yuan/ton, the price increased by 3.39%.Recently, the downstream refrigerant market has maintained a high level, and on-site purchases are made on demand. Under the superposition of various favorable factors, the price of hydrofluoric acid has remained stable at a high level. The price of hydrofluoric acid is high, and the upward momentum of aluminum fluoride still exists.

According to the monitoring of SunSirs, the price of fluorite rose at a high level this week. The price of fluorite continued its previous upward trend this week and the price of fluorite increased by 1.99% in this week. In Inner Mongolia and other places affected by the cold wave, traffic was blocked, the price of fluorite rose in the short term, the price of fluorite rose, the cost of aluminum fluoride rose, and the momentum of aluminum fluoride's rise increased.

Market summary and forecast

The aluminum fluoride industry analyst of SunSirs believes that the price of fluorite rose this week, the price of hydrofluoric acid was stable at a high level, the cost of aluminum fluoride rose at a high level, and the upward momentum of aluminum fluoride increased. The price of downstream aluminum ingots fluctuated and fell in the high range. Aluminum fluoride sales were mainly based on rigid demand. The equipment start-ups of aluminum fluoride enterprises decreased, and the supply of aluminum fluoride decreased. The price of aluminum fluoride is expected to stabilize at a high level in the future.

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