Aluminum fluoride prices fluctuated and fell in April
| POLYVINYL ALCOHOL |
According to the Commodity Market Analysis System of the Business Society, as of April 26th, the domestic quotation for aluminum fluoride was 9525 yuan/ton, a decrease of 2.81% compared to the 9800 yuan/ton price on April 1st. Downstream demand has been weak due to rising costs, and aluminum fluoride prices have fluctuated and fallen in April.
Raw material prices stopped rising and stabilized in April
According to the Commodity Market Analysis System of the Business Society, as of April 26th, the price of fluorite was 3075 yuan/ton, an increase of 1.23% compared to April 1st, which was 3037.50 yuan/ton; As of April 26th, the price of hydrofluoric acid was 10357.14 yuan/ton, an increase of 5.69% compared to the 9800 yuan/ton price on April 1st. The construction of fluorite and hydrofluoric acid enterprises is temporarily stable, with sufficient supply. In April, the prices of raw materials fluorite and hydrofluoric acid stopped rising and stabilized, while the cost of aluminum fluoride stabilized. The support for the rise of aluminum fluoride still exists.
Yunnan faces power restrictions, resulting in a decrease in the production of electrolytic aluminum
The climate drought has led to a decrease in hydropower, and since mid February, Yunnan has been implementing “power rationing and production reduction”. Several electrolytic aluminum enterprises in Yunnan have limited production and reduced production. As of April, some electrolytic aluminum enterprises have reduced production by 40%. The expected decrease in electrolytic aluminum production and downstream demand for aluminum fluoride will increase the downward pressure on aluminum fluoride.
Market Overview and Forecast
Analysts from the fluoride aluminum industry at Business Society believe that in April, the prices of raw materials such as fluorite and hydrofluoric acid stopped rising and stabilized, while the cost of fluoride aluminum raw materials stopped rising and stabilized; Yunnan has limited electricity, resulting in a decrease in electrolytic aluminum production, weak downstream market for aluminum fluoride, and poor demand for aluminum fluoride. In the future, the demand for aluminum fluoride to stop rising costs is not good, and it is expected that the price of aluminum fluoride will stabilize strongly in the future.
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