The price of aluminum fluoride fell in December

According to the Commodity Market Analysis System of Business Society, as of December 27th, the domestic quotation for aluminum fluoride was 10575 yuan/ton, a decrease of 5.58% from the price of aluminum fluoride on December 1st, which was 11200 yuan/ton. The prices of raw materials such as fluorite and hydrofluoric acid have fallen, and the cost of aluminum fluoride has decreased. In addition, the import of aluminum fluoride increased and the export decreased in November, leading to an increase in aluminum fluoride supply and a decrease in demand. As a result, the price of aluminum fluoride fell in December.

Reduced raw material costs

According to the Commodity Market Analysis System of Shengyishe, as of December 27th, the price of fluorite was 3543.75 yuan/ton, a fluctuating decrease of 1.90% compared to the price of 3612.50 yuan/ton on November 27th. As of December 27th, the price of hydrofluoric acid was 10683.33 yuan/ton, a decrease of 0.77% from the quoted price of 10766.67 yuan/ton on December 1st. 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, resulting in a decrease in hydrofluoric acid prices. In addition, sulfuric acid prices have plummeted, raw material prices have fallen, and the cost of aluminum fluoride has decreased.

In November, imports of aluminum fluoride increased and exports decreased

According to data released by the General Administration of Customs, the import volume of aluminum fluoride in November was 999000 kilograms, and the cumulative import volume of aluminum fluoride in 2023 was 1038629 kilograms, a significant increase of 345.55% compared to the import volume in 2022. The import volume of aluminum fluoride has increased significantly, coupled with an increase in domestic aluminum fluoride enterprises resuming work in December, the supply of domestic aluminum fluoride market has increased.

According to data released by the General Administration of Customs, the export volume of aluminum fluoride in November was 7779023 kilograms; The export volume decreased by 23.4% month on month compared to October; A year-on-year decrease of 12.0%. The export volume of aluminum fluoride has significantly decreased, and the domestic demand for aluminum fluoride has decreased, increasing the pressure on the price decline of aluminum fluoride.

Market Overview and Forecast

According to analysts from the Business Society’s aluminum fluoride industry, in terms of raw materials, the prices of fluorite and hydrofluoric acid fell in December, leading to a decrease in the cost of aluminum fluoride; In terms of supply, the import of aluminum fluoride increased in November, coupled with an increase in the resumption of work by aluminum fluoride enterprises in late November and early December, resulting in an increase in aluminum fluoride supply; In terms of demand, the export of aluminum fluoride has decreased, coupled with a significant decrease in the bidding and procurement prices of large factories at the beginning of the month, resulting in a decrease in demand for aluminum fluoride. In the future, costs will decrease, coupled with an increase in aluminum fluoride supply and a decrease in demand, and it is expected that aluminum fluoride prices will fluctuate and fall in the future.