The price of aluminum fluoride declined weakly after the festival

According to the data from SunSirs, as of January 6, the average price of aluminum fluoride in China was 12,075 RMB/ton, down 1.02% from the price of 12,200 RMB/ton on January 1. The cost decreased, and the price of aluminum fluoride fell in shock after the festival.

The price of raw materials fluctuated and fell

According to the monitoring of SunSirs, as of January 6, the price of fluorite was 3,175 RMB/ton, down 3.79% from the price of 3,300 RMB/ton on January 1; As of January 6, the price of hydrofluoric acid was 11,214.29 RMB/ton, down 10.29% from the price of 12,500 RMB/ton on January 1. The price of raw materials, fluorite and hydrofluoric acid, fell, the price of raw materials fell, the cost of aluminum fluoride fell, and the downward pressure on aluminum fluoride increased.

Downstream demand weakly reduced

According to the monitoring of SunSirs, as of January 6, the price of electrolytic aluminum was 17,706.67 RMB/ton, down 5.30% from the price of 18,696.67 RMB/ton on January 1. The economic recovery was less than expected, the price of electrolytic aluminum fell, 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 sharply after the festival, while the prices of electrolytic aluminum fell in shock. The cost of aluminum fluoride decreased, the demand was poor, and the downward pressure on aluminum fluoride increased. It is expected that the price of aluminum fluoride will decline weakly in the future.

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