The price of aluminum fluoride fluctuated and fell in January

According to the Commodity Market Analysis System of Business Society, as of January 31st, the domestic quotation for aluminum fluoride was 10350 yuan/ton, a decrease of 2.13% from the price of aluminum fluoride on January 1st, which was 10575 yuan/ton. The prices of raw materials have fallen, the cost of aluminum fluoride has decreased, and the downward pressure on aluminum fluoride has increased. In January, the price of aluminum fluoride fluctuated and fell.

Reduced raw material costs

According to the Commodity Market Analysis System of Shengyishe, as of January 31st, the price of fluorite was 3343.75 yuan/ton, a decrease of 5.31% compared to the price of 3531.25 yuan/ton on January 1st. In recent times, it has been difficult to improve the supply of domestic fluorite mines, with some mines shutting down and undergoing safety inspections. As the Spring Festival approaches, the number of holiday enterprises is gradually increasing. Downstream enterprises have poor purchasing sentiment, and the game between upstream and downstream is intensifying. The price of fluorite has fallen, and the cost of aluminum fluoride raw materials has decreased.

According to the Commodity Market Analysis System of Shengyishe, as of January 31st, the quoted price of hydrofluoric acid was 10083.33 yuan/ton, a decrease of 4.72% compared to the quoted price of 10583.33 yuan/ton on January 1st. Some hydrofluoric acid plants are still in shutdown, and there is little change in the spot supply of hydrofluoric acid. The operating rate of the refrigerant industry is low, and the order situation for hydrofluoric acid is average. The price of hydrofluoric acid has declined, and the cost of aluminum fluoride raw materials has decreased.

Reduced procurement by electrolytic aluminum manufacturers

According to the Commodity Market Analysis System of Business Society, as of January 31, the average price of aluminum ingots in the East China market in China was 18980 yuan/ton, a decrease of 3.13% compared to the aluminum price of 19563.33 yuan/ton on January 1. Aluminum prices have almost unilaterally declined in the first half of the year. As the holiday approaches, downstream demand for stocking aluminum ingots has slightly rebounded, and aluminum ingot prices have briefly risen. Overall, aluminum ingot demand is weak during the off-season, and demand for aluminum fluoride is weak.

Market Overview and Forecast

According to analysts from Business Society’s aluminum fluoride industry, the prices of raw materials such as fluorite and hydrofluoric acid have fallen, leading to a decrease in the cost of aluminum fluoride. In addition, the downstream electrolytic aluminum off-season has resulted in weak aluminum fluoride procurement and a decrease in demand for aluminum fluoride. In the future, the cost of aluminum fluoride will decrease, and the demand will decrease. It is expected that the price of aluminum fluoride will fluctuate and fall in the future.