Aluminum fluoride prices plummeted this week
According to the Commodity Market Analysis System of SunSirs, as of December 5th, the domestic quotation for aluminum fluoride was 11,075 RMB/ton, a decrease of 1.12% from the price of aluminum fluoride at 11,200 RMB/ton as of November 30th. From the end of November to early December, the resumption of work in aluminum fluoride enterprises increased, the supply of aluminum fluoride increased, and the bidding and procurement prices of large factories decreased. The ex factory prices of large aluminum fluoride factories such as polytetrafluoroethylene was decreased by 500 RMB/ton. In addition, with the decrease in raw material prices, the cost of aluminum fluoride decreased, and the price of aluminum fluoride fluctuated and fell this week.
Raw material costs reduced
According to the Commodity Market Analysis System of SunSirs, as of December 5th, the price of fluorite was 3,612.50 RMB/ton, a fluctuating decrease of 2.36% compared to the price of 3,700 RMB/ton on November 27th. As of December 5th, the price of hydrofluoric acid was 10,750 RMB/ton, a decrease of 3.30% from the quoted price of 11,066.67 RMB/ton on November 27th. The downstream demand for fluorite was sluggish, the fluorite market was weakening, and the price of fluorite was weaker and falling. Downstream refrigerant manufacturers of hydrofluoric acid were operating at low loads, and downstream procurement of hydrofluoric acid was poor. In addition, the export of hydrofluoric acid was weak, resulting in a decrease in hydrofluoric acid prices. The prices of raw materials had fallen, and the cost of aluminum fluoride raw materials had decreased.
Market Overview and Forecast
According to aluminum fluoride industry analysts from SunSirs, prices of fluorite and hydrofluoric acid had fluctuated and fallen, leading to a decrease in the cost of aluminum fluoride; At the beginning of the month, the bidding prices of large aluminum fluoride factories decreased, and the factory prices of aluminum fluoride enterprises such as polytetrafluoroethylene decreased by about 500 RMB/ton; As the stocking season approached, the demand for aluminum fluoride had rebounded, but the number of aluminum fluoride resumption enterprises had increased, and the supply of aluminum fluoride had increased recently. In the future, there will be an oversupply of aluminum fluoride, and the purchasing prices of large factories will drop at the beginning of the month. It is expected that the price of aluminum fluoride will fluctuate and fall in the future.
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