Price Trend
According to the data from the business associations’list, the domestic dry-process aluminium fluoride market prices remained stable this week, with an average market price of 10333 yuan/ton at the beginning of the week and 10333 yuan/ton at the end of the week, up 0.0% from last week.
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II. Market Analysis
The price of aluminium fluoride has been stable this week: at present, the price of aluminium fluoride in Henan is between 1000 and 10400 yuan/ton, and that in Shandong is between 1000 and 10400 yuan/ton. Zhengzhou Tianrui Grain Technology Co., Ltd. quoted 11,000 yuan per ton of aluminium fluoride, Shandong Luzeng Chemical Aluminum Fluoride to 11,000 yuan per ton, Zhengzhou Zerun Energy Chemical Aluminum Fluoride to 10,500 yuan per ton.
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Industry Chain: Hydrofluoric acid prices continued to decline this week, the recent poor market situation of manufacturers, downstream refrigerant industry start-up rate remains low, for domestic hydrofluoric acid market demand is limited, coupled with domestic hydrofluoric acid plant maintain a high start-up rate, domestic spot supply is sufficient, some manufacturers continue to downgrade out of the factory. Price, as of the end of the weekend, the mainstream of hydrofluoric acid negotiations in the southern region is 9500-10000 yuan/ton, while the price of hydrofluoric acid in the northern market is 9500-10000 yuan/ton. Recently, the domestic hydrofluoric acid market prices have fallen, but this week the prices of aluminium fluoride products are still running steadily downstream. And in September, the majority of enterprises’production is to prepare in advance for the National Day reduction and shutdown. Aluminum fluoride manufacturers are currently mainly at competitive prices.
3. Future Market Forecast
Analysts of Aluminum Fluoride Industry of Business Society Chemical Branch believe that the price of upstream raw material hydrofluoric acid continues to retreat, but Aluminum fluoride manufacturers are constrained by the reasons for the reduction, and the price of Aluminum Fluoride is expected to continue to run steadily next week.
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