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SunSirs: Fluorite Prices Continued to Rise Slightly and Aluminum Fluoride Prices Remained Stable

February 02 2021 13:38:00     SunSirs (John)

Price trend

The prices of upstream fluorite and hydrofluoric acid continued to rise slightly, and the market price of aluminum fluoride in some areas was raised by 50 RMB/ton, but overall, the ex-factory price of aluminum fluoride companies remained stable. According to data from SunSirs, the domestic aluminum fluoride price was 9,166 RMB/ton on January 29, which was the same as the price of aluminum fluoride at the beginning of the week.

Analysis review

The market price of fluorite rose. As of the 29th, the domestic price of fluorite was 2,741 RMB/ton. Recently, domestic fluorite spot supply was tight. As the temperature dropped, some manufacturers in the north stopped their installations, and the on-site supply was slightly tight, the domestic fluorite price trend rose slightly. As of the 29th, the mainstream of domestic fluorite negotiations was 2,600-2,800 RMB/ton. The high price of fluorite on the market was the cost support of the hydrofluoric acid market, and the domestic market price of hydrofluoric acid rose due to the favorable support.

Although the market price of aluminum fluoride in some areas was slightly raised by 50 RMB/ton, the overall supply of aluminum fluoride was sufficient; the overall price of aluminum fluoride was relatively stable.

Market outlook

The aluminum fluoride industry analyst of SunSirs believes that the prices of upstream fluorite and hydrofluoric acid continue to rise, and the cost side is good for the aluminum fluoride market, and the price of aluminum fluoride is expected to rise.

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