Fluctuation and decline in aluminum fluoride prices
According to the Commodity Market Analysis System of the Business Society, as of June 6th, the domestic quotation for aluminum fluoride was 10125 yuan/ton, a decrease of 2.88% compared to the price of 10425 yuan/ton on June 1st at the beginning of the month. The prices of raw materials continue to decline, and the cost of aluminum fluoride has decreased. In June, the price of aluminum fluoride fluctuated and fell.
The price of raw material hydrofluoric acid fluctuates and falls
According to the Commodity Market Analysis System of the Business Society, since mid April, the prices of raw material hydrofluoric acid have fluctuated and fallen. As of June 6th, the price of hydrofluoric acid was 9657.14 yuan/ton, a decrease of 0.29% compared to the price of 9685.71 yuan/ton on June 1st, and a decrease of 6.76% compared to the price of 10357.14 yuan/ton on April 10th. The price of hydrofluoric acid continues to decline, the cost of aluminum fluoride decreases, and the downward pressure on aluminum fluoride increases.
Electrolytic aluminum prices fluctuate and fall
According to the Commodity Market Analysis System of Business Society, as of June 6th, the price of electrolytic aluminum was 18420 yuan/ton, which has stabilized compared to the price of electrolytic aluminum on June 1st, which was 18413.33 yuan/ton; The price of electrolytic aluminum decreased by 3.69% compared to 19126.67 yuan/ton on April 20th. Macroeconomic contraction, a decrease in real estate investment, a decrease in the production of electrolytic aluminum enterprises, weak downstream demand for aluminum fluoride, and weakened support for the rise of aluminum fluoride.
Market Overview and Forecast
Analysts from the fluoride aluminum industry at Business Society believe that since mid April, the price of hydrofluoric acid has continued to decline, resulting in a decrease in the cost of aluminum fluoride raw materials; Downstream electrolytic aluminum enterprises have seen a decline in production, weak demand for aluminum fluoride, and insufficient support for the rise of aluminum fluoride. In the future, the demand for cost reduction is not good, and it is expected that the price of aluminum fluoride will fluctuate and fall in the future.
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