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SunSirs: The Price of Aluminum Fluoride Fell Back from a High Level in December
January 03 2023 10:16:02SunSirs(John)

The price of aluminum fluoride fell back from a high level in December

According to the data of SunSirs, as of December 30, the average price of aluminum fluoride in China was 12,200 RMB/ton, down 0.41% from 12,250 RMB/ton on December 1. The cost decreased, the demand was poor, and the high price of aluminum fluoride fell back in December.

The price of raw materials fell

According to the monitoring of SunSirs, as of December 30, the price of fluorite was 3,387.50 RMB/ton, which was 0.19% higher than the price of 3,293.75 RMB/ton on December 1; As of December 30, the price of hydrofluoric acid was 12,500 RMB/ton, down 1.80% from 12,728.57 RMB/ton on December 1. In December, the price of raw materials fluorite and hydrofluoric acid stopped rising and fell, the price of raw materials fell, the cost of aluminum fluoride fell, the upward momentum of aluminum fluoride weakened, and the downward pressure increased.

Downstream demand adjusted weakly

According to the monitoring of SunSirs, the price of electrolytic aluminum fell slightly in December. As of December 30, the price of electrolytic aluminum was 18,716.67 RMB/ton, down 3.02% from 19,300 RMB/ton on December 1. The impact of epidemic prevention and control on the economic recovery was less than expected, the price of electrolytic aluminum fell in shock, the demand for aluminum fluoride was poor, and the downward pressure on aluminum fluoride increased.

Market outlook

Analysts from the aluminum fluoride industry of SunSirs believed that the prices of raw materials, fluorite and hydrofluoric acid, fell from a high level in December, while the prices of electrolytic aluminum fell in shock. The cost of aluminum fluoride decreased, the demand was poor, the upward momentum of aluminum fluoride weakened, and the downward pressure increased. It is expected that the price of aluminum fluoride in the future will decline in a weak way.

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