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SunSirs: Lack of Positive Stimulus, Aluminum Fluoride Prices Remained Stable

March 17 2021 13:16:18     SunSirs (John)

Price trend

The prices of upstream fluorite and hydrofluoric acid remained stable at high levels, and the aluminum fluoride market lacked good news to stimulate, and overall prices remained stable. According to data from SunSirs, the domestic aluminum fluoride price was 9,033 RMB/ton on March 16, which was the same as the price of aluminum fluoride at the beginning of the week.

Analysis review

The price of raw material fluorite was 2761.11 RMB/ton, and the price trend of fluorite remained high. Recently, some domestic fluorite devices have started generally, and some of the mines and flotation devices on the site have been shut down. The supply of fluorite on the site is tight. However, the recent market situation is mainly stable, and the price of fluorite is affected and the increase is limited. As of the 15th, the market price of hydrofluoric acid was 10,611.11 RMB/ton. Recently, the market price of hydrofluoric acid is mainly stable. The domestic hydrofluoric acid operating rate is less than 60%. The company reflects that the current spot supply of hydrofluoric acid on the market is normal. Recently, the market for goods sold on the market is general, and the ex-factory prices of some companies are stable.

At present, the overall spot of the aluminum fluoride industry is relatively sufficient, and the inventory of downstream electrolytic aluminum plants remains high, the current demand for aluminum fluoride bidding and procurement is average. However, the willingness of aluminum fluoride to insist on high prices is relatively obvious, and the price of aluminum fluoride remains stable.

Market outlook

The aluminum fluoride industry analyst of the Business Society believes that the upstream fluorite and hydrofluoric acid prices remain high and the aluminum fluoride market lacks good news to stimulate. It is expected that the domestic aluminum fluoride market prices will continue to consolidate.

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