Aluminum fluoride prices plummeted this week

According to the Commodity Market Analysis System of Business Society, as of December 5th, the domestic quotation for aluminum fluoride was 11075 yuan/ton, a decrease of 1.12% from the price of aluminum fluoride at 11200 yuan/ton as of November 30th last month. From the end of November to early December, the resumption of work in aluminum fluoride enterprises increased, the supply of aluminum fluoride increased, and the bidding and procurement prices of large factories decreased. The ex factory prices of large aluminum fluoride factories such as polytetrafluoroethylene decreased by 500 yuan/ton. In addition, with the decrease in raw material prices, the cost of aluminum fluoride decreased, and the price of aluminum fluoride fluctuated and fell this week.

Reduced raw material costs

According to the Commodity Market Analysis System of Shengyishe, as of December 5th, the price of fluorite was 3612.50 yuan/ton, a fluctuating decrease of 2.36% compared to the price of 3700 yuan/ton on November 27th. As of December 5th, the price of hydrofluoric acid was 10750 yuan/ton, a decrease of 3.30% from the quoted price of 11066.67 yuan/ton on November 27th. The downstream demand for fluorite is sluggish, the fluorite market is weakening, and the price of fluorite is weak and falling. Downstream refrigerant manufacturers of hydrofluoric acid are operating at low loads, and downstream procurement of hydrofluoric acid is poor. In addition, the export of hydrofluoric acid is weak, resulting in a decrease in hydrofluoric acid prices. The prices of raw materials have fallen, and the cost of aluminum fluoride raw materials has decreased.

Market Overview and Forecast

According to analysts from Business Society’s aluminum fluoride industry, prices of fluorite and hydrofluoric acid have fluctuated and fallen, leading to a decrease in the cost of aluminum fluoride; At the beginning of the month, the bidding prices of large aluminum fluoride factories decreased, and the factory prices of aluminum fluoride enterprises such as polytetrafluoroethylene decreased by about 500 yuan/ton; As the stocking season approaches, the demand for aluminum fluoride has rebounded, but the number of aluminum fluoride resumption enterprises has increased, and the supply of aluminum fluoride has increased recently. In the future, there will be an oversupply of aluminum fluoride, and the purchasing prices of large factories will drop at the beginning of the month. It is expected that the price of aluminum fluoride will fluctuate and fall in the future.