SunSirs: Summary of Domestic Aluminum Fluoride Market on May 11th
May 11 2023 14:04:01The price of electrolytic aluminum has fluctuated and fallen, while the price of aluminum fluoride has stabilized. The upward momentum of aluminum fluoride has weakened, and downward pressure still exists.
On May 10th, the commodity price ratio index of hydrofluoric acid and aluminum fluoride was 119.62, which was unchanged from yesterday. It was 31.80% lower than the highest point in the cycle of 175.40 points (2017-10-15) and 36.49% higher than the lowest point of 87.64 points on May 3rd, 2018. (Note: The cycle refers to the period from January 1, 2012 to the present). The price of hydrofluoric acid fluctuates and stabilizes, while the price of aluminum fluoride stabilizes. The upward momentum of aluminum fluoride weakens and downward pressure still exists.
On May 11th, the domestic aluminum fluoride market remained temporarily stable, with market quotations ranging from 9000 to 9500 RMB/ton. The market volatility of raw material hydrofluoric acid is stabilizing, the price of fluorite is stabilizing, and the cost of aluminum fluoride is fluctuating and stabilizing; The production of electrolytic aluminum enterprises is temporarily stable, and the demand for aluminum fluoride is average. The production of aluminum fluoride enterprises is stable, and the supply of aluminum fluoride is sufficient. The aluminum fluoride market is stabilizing in the future.
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