SunSirs: Poor Replenishment, the Price of Aluminum Fluoride Was Temporarily Stable after the Holiday

The price of aluminum fluoride was stable temporarily after the holiday

According to the Commodity Market Analysis System of SunSirs, as of February 18th, the domestic quotation for aluminum fluoride was 10,225 RMB/ton, which was temporarily stable compared to the price of aluminum fluoride on February 9th before the holiday, which was 10,225 RMB/ton; Compared to the price of 10,350 RMB/ton on February 1st, the price of aluminum fluoride decreased by 1.21%. The prices of raw materials had fallen, the cost of aluminum fluoride had decreased, and the price of aluminum fluoride had fallen in February. After the holiday, the replenishment of aluminum fluoride inventory was poor, and the price of aluminum fluoride was temporarily stable.

Raw material costs reduced

According to the Commodity Market Analysis System of SunSirs, as of February 18th, the price of fluorite was 3,343.75 RMB/ton, which was temporarily stable compared to the price of 3,343.75 RMB/ton on January 31st. During the Spring Festival, the construction of fluorite mines was poor, the supply of fluorite was tight, and the price support for fluorite remained. Downstream enterprises had poor purchasing sentiment, and upstream and downstream games led to weak and stable fluorite prices.

According to the Commodity Market Analysis System of SunSirs, as of February 18th, the quotation for hydrofluoric acid was 10,083.33 RMB/ton, a decrease of 1.47% compared to the quotation of 10,233.33 RMB/ton on January 31st. In early February, some hydrofluoric acid companies sold at reduced prices, resulting in a decrease in hydrofluoric acid prices. Downstream replenishment after the holiday was average, and hydrofluoric acid orders were average. The price of hydrofluoric acid remained stable temporarily, and the cost of aluminum fluoride raw materials decreased in February.

Market Overview and Forecast

According to Aluminum Fluoride Industry analysts from SunSirs, the prices of raw materials such as fluorite and hydrofluoric acid fell in February, leading to a decrease in the cost of aluminum fluoride. In the off-season of the electrolytic aluminum market, downstream replenishment after the holiday was average, and downstream customer purchases of aluminum fluoride were weak, resulting in a decrease in demand for aluminum fluoride. In the future, the cost of aluminum fluoride will decrease, and the demand will decrease. It is expected that the price of aluminum fluoride will fluctuate and fall in the future.

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