Price Trend
According to the data from the business associations’list, the domestic dry-process aluminium fluoride market prices remained stable this week, with an average market price of 10333 yuan/ton at the beginning of the week and 10166 yuan/ton at the end of the week. The price fell by 0.77% compared with last week.
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II. Market Analysis
The price of aluminium fluoride has been stable this week: at present, the price of aluminium fluoride in Henan is between 9800 and 10200 yuan/ton, while that in Shandong is between 9800 and 10400 yuan/ton. Zhengzhou Tianrui Grain Technology Co., Ltd. quoted 11,000 yuan per ton of aluminium fluoride, Shandong Luzeng Chemical Aluminum Fluoride to 11,000 yuan per ton, Zhengzhou Zerun Energy Chemical Aluminum Fluoride to 10,000 yuan per ton.
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Industry chain: Weekly hydrofluoric acid price trend continued to decline, the recent market situation of manufacturers is poor, downstream refrigerant industry start-up rate remains low, the domestic market demand for hydrofluoric acid is limited, coupled with domestic hydrofluoric acid plant maintain a high start-up rate, domestic spot supply is sufficient, and some manufacturers continue to reduce the factory price. By the end of the weekend, the mainstream of hydrofluoric acid negotiations in the southern region was 9500-10000 yuan/ton, while the price of hydrofluoric acid in the northern market was 9500-10000 yuan/ton. Recently, the domestic market price of hydrofluoric acid has fallen, the demand of the downstream refrigerant industry is poor, the supply of hydrofluoric acid manufacturers is not good, and the market price trend is declining. Although Aluminum fluoride factories which cut or stopped production during the National Day offered fair prices for sale, individual Aluminum fluoride factories lowered their sales promotion and the market price of Aluminum fluoride began to loosen.
3. Future Market Forecast
Analysts of Aluminum Fluoride Industry of Business Society Chemical Branch believe that the price of upstream raw material hydrofluoric acid continues to decline, and individual Aluminum Fluoride manufacturers have lowered their ex-factory prices. Aluminum fluoride prices are expected to decline steadily next week.
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