SunSirs: Raw Material Prices Had Risen, and Aluminum Fluoride Prices Rose This Week

Aluminum fluoride prices rose this week

According to the Commodity Market Analysis System of SunSirs, as of October 13th, the domestic quotation for aluminum fluoride was 11,100 RMB/ton, an increase of 2.30% compared to the price of aluminum fluoride on October 8th, which was 10,850 RMB/ton; The price of aluminum fluoride increased by 9.36% compared to the price of 10,150 RMB/ton on October 1st. The prices of raw materials such as fluorite and hydrofluoric acid had fluctuated and increased, resulting in higher costs. This week, the price of aluminum fluoride rose.

Raw material prices had risen this week

According to the Commodity Market Analysis System of SunSirs, as of October 13th, the price of fluorite was 3,768.75 RMB/ton, an increase of 1.34% compared to October 8th, when the price of fluorite was 3,718.75 RMB/ton; The price of fluorite increased by 6.16% compared to 3,550 RMB/ton on October 1st. As of October 13th, the price of hydrofluoric acid was 11,500 RMB/ton, an increase of 0.44% compared to 11,450 RMB/ton on October 8th; The price of hydrofluoric acid increased by 8.66% compared to 10,583.33 RMB/ton on October 1st. Affected by safety accidents in fluorite mines, the supply of fluorite ore was tight, the price of fluorite was rising, and the raw materials for hydrofluoric acid were insufficient. In addition, downstream customers were actively purchasing, leading to an increase in the bidding prices of large downstream hydrofluoric acid factories. In terms of commencement: due to limited supply of raw materials, the production of hydrofluoric acid enterprises decreased, and the supply of hydrofluoric acid was insufficient. The prices of raw materials such as fluorite and hydrofluoric acid had increased, resulting in rising costs. The support for the future price increase of aluminum fluoride had increased.

Market Overview and Forecast

The fluoride aluminum industry analysts from SunSirs believe that the prices of raw materials such as hydrofluoric acid and fluorite fluctuated and increased, leading to increased cost support for fluoride aluminum; The supply of fluorite was tight, and there was a shortage of raw materials for aluminum fluoride. The operating load of aluminum fluoride enterprises decreased, and the supply of aluminum fluoride decreased. In the future, with rising costs and reduced supply, the support for the rise of aluminum fluoride is increasing, and it is expected that the price of aluminum fluoride will fluctuate and rise in the future.

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