According to the data from the business associations’list, the price of domestic dry-process aluminium fluoride Market declined this week, with an average market price of 9,500 yuan/ton at the beginning of the week and 9,333 yuan/ton at the end of the week, which was 1.75% lower than that of last week.
II. Market Analysis
Aluminum fluoride prices remained stable this week: at present, the price of aluminium fluoride in Henan is between 8500 and 9200 yuan/ton, while that in Shandong is between 8500 and 9200 yuan/ton. Zhengzhou Zerun Energy and Chemical Co., Ltd. quoted 8500 yuan/ton of aluminium fluoride, Shandong Luzeng Chemical Co., Ltd. 11000 yuan/ton of aluminium fluoride and Henan Zhongse Dongfang Shaoxing Industrial Co., Ltd. 9500 yuan/ton of aluminium fluoride.
Industry chain: This week, the price of hydrofluoric acid rose slightly. Enterprises reported that the spot supply of hydrofluoric acid in the market has decreased. Recently, the situation of on-site goods has improved. Some enterprises have low start-up rate of hydrofluoric acid plants and slightly increased ex-factory prices. However, the downstream market performance of aluminium fluoride is general, and the market price is close to the cost line. The market price of dry-process aluminium fluoride is still declining this week.
3. Future Market Forecast
Analysts of Aluminum Fluoride Industry of Business Society Chemical Branch believe that the price of hydrofluoric acid, the upstream raw material, has fallen to a higher level, and the price of Aluminum Fluoride is expected to rise next week.