Aluminum fluoride prices fluctuated and fell this week

According to data from Business News Agency, as of March 20, domestic aluminum fluoride prices were 10225 yuan/ton, down 1.68% from March 10, when aluminum fluoride prices were 10400 yuan/ton. Downstream demand is poor, and the price of aluminum fluoride fluctuated and fell this week.

Raw material prices fell this week

According to monitoring by the Business News Agency, as of March 20, the price of fluorite was 2950 yuan/ton, a decrease of 1.05% compared to 2981.25 yuan/ton on March 1, and it was stable compared to 2950 yuan/ton on March 10; As of March 20, the price of hydrofluoric acid was 9714.29 yuan/ton, which was stable compared to the price of 9714.29 yuan/ton on March 10; Compared to the price of 9771.43 yuan/ton on March 1, the decrease was 0.58%. In March, the prices of raw materials such as fluorite and hydrofluoric acid fluctuated and fell. This week, the prices of fluorite and hydrofluoric acid stabilized after falling. The cost support for aluminum fluoride was insufficient, and downward pressure remained on aluminum fluoride.

Poor downstream demand

As can be seen from the electrolytic aluminum price trend chart of the Business Club, as of March 20, the electrolytic aluminum quotation was 18256.67 yuan/ton, a slight increase of 0.07% compared to the volatile price of 18243.33 yuan/ton on February 10. This week, the electrolytic aluminum market has been volatile and consolidated, with poor demand for aluminum fluoride. The downward pressure on aluminum fluoride prices remains.

As can be seen from the cryolite price trend chart of the business agency, as of March 20, the cryolite price was quoted at 7875 yuan/ton, down 1.25% from the price of 7975 yuan/ton on March 10. This week, the cryolite market fluctuated and fell, resulting in poor demand for aluminum fluoride, and increased downward pressure on aluminum fluoride prices.

Market Overview and Forecast

Analysts from the aluminum fluoride industry at the Business Society believe that the prices of raw materials such as fluorite and hydrofluoric acid have stabilized after falling this week, and the cost of aluminum fluoride raw materials has stabilized; Downstream electrolytic aluminum market remains weak, cryolite prices fluctuate and fall, and aluminum fluoride demand is poor. In the future, the cost of aluminum fluoride is temporarily stable, and demand is weak. It is expected that the price of aluminum fluoride will fall in a weak and volatile manner in the future.