SunSirs: Costs Stopped Rising, Demand Was Sluggish, and Aluminum fluoride prices fell in April

Aluminum fluoride prices fluctuated and fell in April

According to the Commodity Market Analysis System of SunSirs, as of April 26th, the domestic quotation for aluminum fluoride was 9,525 RMB/ton, a decrease of 2.81% compared to the 9,800 RMB/ton price on April 1st. Costs stopped rising, downstream demand was weak, and aluminum fluoride prices fluctuated and fell in April.

Raw material prices stopped rising and stabilized in April

According to the Commodity Market Analysis System of SunSirs, as of April 26th, the price of fluorite was 3,075 RMB/ton, an increase of 1.23% compared to April 1st, which was 3,037.50 RMB/ton; As of April 26th, the price of hydrofluoric acid was 10,357.14 RMB/ton, an increase of 5.69% compared to the 9,800 RMB/ton price on April 1st. The construction of fluorite and hydrofluoric acid enterprises was temporarily stable, and supply was sufficient. In April, the prices of raw materials fluorite and hydrofluoric acid stopped rising and stabilized, and the cost of aluminum fluoride stabilized. The support for the rise of aluminum fluoride still existed.

Yunnan faced power restrictions, resulting in a decrease in the production of electrolytic aluminum

The climate drought led to a decrease in hydropower, and since mid February, Yunnan was implementing "power rationing and production reduction". Several electrolytic aluminum enterprises in Yunnan had limited production and reduced production. As of April, some electrolytic aluminum enterprises had reduced production by 40%. The electrolytic aluminum production was expected to decrease and downstream demand for aluminum fluoride decreased. The downward pressure on aluminum fluoride had increased.

Market outlook

Analysts from the fluoride aluminum industry at SunSirs believe that in April, the prices of raw materials such as fluorite and hydrofluoric acid stopped rising and stabilized, and the cost of fluoride aluminum raw materials stopped rising and stabilized; Yunnan faced power restrictions, resulting in a decrease in the production of electrolytic aluminum. The downstream market of aluminum fluoride was weak, and the demand for aluminum fluoride was poor. In the future, the cost of aluminum fluoride has stopped rising, and demand is poor. It is expected that the price of aluminum fluoride will stabilize strongly in the future.

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