News from Business Agency on May 31
The price of aluminum fluoride continued to be stable this week
According to the commodity market analysis system of the business community, as of May 31, the quotation of domestic aluminum fluoride was 11000 yuan/ton, which was the same as the price of aluminum fluoride on May 25. This week, the aluminum fluoride enterprises started work steadily, the aluminum fluoride supply was stable, the upstream fluorite price rose slightly, the hydrofluoric acid market fell, and the cost benefit was limited. The downstream market entry followed up on demand, and the aluminum fluoride price continued to operate smoothly.
Differentiated operation of raw material prices
According to the commodity market analysis system of the business community, the average market price as of May 31 was 3812.50 yuan/ton, up 0.16% from the price of 3806.25 yuan/ton on May 25. As of May 31, the domestic market price of hydrofluoric acid was 11620.00 yuan/ton, down 1.02% from 11740.00 yuan/ton on May 25. The commencement of fluorite mine remained low, the spot supply of fluorite on the site was tight, and the price of fluorite continued to rise. The start of hydrofluoric acid plant has not changed much, the supply of goods is stable, the enthusiasm of downstream refrigerant enterprises for purchasing hydrofluoric acid is weakened, and the price of hydrofluoric acid decreases slightly. The raw material fluorite is strong, hydrofluoric acid is weak, and the cost benefit is insufficient. The price of aluminum fluoride is stable.
Market overview and forecast
Future forecast: In terms of raw materials, fluorite prices rose slightly, hydrofluoric acid market settled down, and cost support weakened; In terms of demand, the trend of electrolytic aluminum is strong, and the demand for aluminum fluoride is favorable. In the future, the cost of aluminum fluoride is high, the supply of aluminum fluoride market is sufficient and the demand is good. It is expected that the aluminum fluoride market will be stronger in the later period, and the price will fluctuate slightly. In the future, attention will be paid to the upstream price changes and downstream follow-up.
Related listed companies: Dofluoro (002407)
(Source: Business Association)
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