Aluminum fluoride prices fluctuated and fell in March

According to data from the Business News Agency, as of March 29, domestic aluminum fluoride prices were quoted at 9925 yuan/ton, down 6.15% from 10575 yuan/ton on March 1. Downstream demand is poor, and costs decrease. In March, aluminum fluoride prices fluctuated and fell.

Raw material prices fell first and then rose in March

According to the monitoring by the Business News Agency, as of March 29, the price of fluorite was 3037.50 yuan/ton, down from 2981.25 yuan/ton on March 1 and up by 1.89%. Compared with 3050 yuan/ton at the end of last month and February 28, the price of fluorite decreased by 0.41%; As of March 29, the price of hydrofluoric acid was 9800 yuan/ton, down from 9771.43 yuan/ton on March 1 and up by 0.29%. Compared with 9828.57 yuan/ton at the end of last month and February 28, the price of hydrofluoric acid fluctuated by 0.29%. In March, the prices of raw materials such as fluorite and hydrofluoric acid fell first and then rose, while the cost support for aluminum fluoride remained. In the future, the prices of fluorite and hydrofluoric acid rebounded and rose at the end of the month, increasing the upward momentum for aluminum fluoride.

Stable downstream demand

As can be seen from the electrolytic aluminum price trend chart of the Business Club, as of March 29, the quoted price of electrolytic aluminum was 18603.33 yuan/ton, a slight increase of 1.01% compared to the volatile price of 18416.67 yuan/ton on March 1. In March, the electrolytic aluminum market fluctuated and consolidated, and the demand for aluminum fluoride temporarily stabilized, while the support for the rising price of aluminum fluoride remained.

As can be seen from the cryolite price trend chart of the business agency, as of March 29, the cryolite price was quoted at 7825 yuan/ton, a decrease of 1.88% compared to the price of 7975 yuan/ton on March 1. In March, the cryolite market fluctuated and fell, resulting in poor demand for aluminum fluoride. The downward pressure on aluminum fluoride prices was significant.

Market Overview and Forecast

Analysts from the aluminum fluoride industry at the Business Society believe that in March, the prices of raw materials fluorite and hydrofluoric acid first fell and then rose, while the cost of aluminum fluoride raw materials increased; The downstream electrolytic aluminum market fell first and then rose, while the price of cryolite fluctuated and fell, resulting in poor demand for aluminum fluoride. In the future, the rising cost of aluminum fluoride and weak demand remain. It is expected that the price of aluminum fluoride will rise slightly in the future.