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 10333 yuan/ton at the end of the week, up 0.0% from 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 10500 yuan/ton, while that in Shandong is between 9800 and 10500 yuan/ton. Zhengzhou Tianrui Grain Technology Co., Ltd. quoted 11,000 yuan per ton of aluminium fluoride, Shandong Luzeng Chemical Aluminum Fluoride to 10,800 yuan per ton, Zhengzhou Zerun Energy Chemical Aluminum Fluoride to 10,500 yuan per ton.
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Industry Chain: Hydrofluoric acid prices declined this week, the recent market situation of manufacturers has not improved significantly, the downstream refrigerant industry is still operating at a low level, the domestic market demand for hydrofluoric acid is limited, coupled with the domestic hydrofluoric acid plant to maintain a high operating rate, domestic spot supply is sufficient, some manufacturers downgraded. As of the weekend, the mainstream of hydrofluoric acid negotiations in the southern region is 10,000-11,000 yuan/ton, while the price of hydrofluoric acid in the northern market is 10,500-11,500 yuan/ton. Recently, the domestic market price of hydrofluoric acid has been slightly lower, the demand of refrigerant industry downstream is poor, the supply of hydrofluoric acid manufacturers is not good, and the market price trend is declining. The price of aluminium fluoride products did not follow the price of hydrofluoric acid downstream this week. Immediately into September, most of the current production enterprises for the National Day reduction, shutdown in advance of stock. Affected by typhoon and rainstorm in mid-August, the production of aluminium fluoride was suspended in East China and other places. At present, the main price of aluminium fluoride is fair price.
3. Future Market Forecast
Analysts of Aluminum Fluoride Industry of Business Society Chemical Branch believe that the price of upstream raw material hydrofluoric acid will continue to recover, but Aluminum Fluoride manufacturers will reduce production or plan to reduce production, and the price of Aluminum Fluoride is expected to remain stable next week.
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