Aluminum fluoride prices continue to rise after the holiday

According to the Commodity Market Analysis System of the Business Society, the price of aluminum fluoride continues to decline, while the price of aluminum fluoride has stopped falling and risen after the holiday. As of May 6th, the domestic quotation for aluminum fluoride was 9775 yuan/ton, an increase of 2.62% compared to the price of 9525 yuan/ton on May 1st. The cost has increased, and the price of aluminum fluoride has fluctuated and increased after the holiday.

Rising prices of raw materials

According to the Commodity Market Analysis System of the Business Society, since mid March, the prices of fluorite and hydrofluoric acid have fluctuated and increased. As of May 6th, the price of fluorite was 3125 yuan/ton, a continuous increase of 5.93% compared to the price of 2950 yuan/ton on March 10th; As of May 6th, the price of hydrofluoric acid was 10128.57 yuan/ton, an increase of 4.26% compared to March 10th’s price of 9714.29 yuan/ton, and a decrease of 2.21% compared to April 20th’s price of 10357.14 yuan/ton. Fluorite and hydrofluoric acid enterprises are temporarily stable in operation, with stable supply. The price of raw material fluorite continues to rise, while hydrofluoric acid prices first rise and then fall. The cost of aluminum fluoride increases, and the rise in aluminum fluoride provides significant support.

Market Overview and Forecast

Analysts from the fluoride aluminum industry at Business Society believe that after mid March, the price of raw material fluorite continued to rise, while the price of hydrofluoric acid first rose and then fell, resulting in an increase in the cost of aluminum fluoride raw materials. In the future, the cost of aluminum fluoride continues to rise, and demand remains weak. It is expected that the price of aluminum fluoride will fluctuate and rise in the future.