The price of aluminum fluoride fell sharply in February

According to the data of the Business News Agency, as of February 27, the domestic price of aluminum fluoride was 10575 yuan/ton, down 6.62% from the price of aluminum fluoride of 11325 yuan/ton on February 1. After the Spring Festival, the construction of aluminum fluoride enterprises resumed, the supply of aluminum fluoride increased, the price of raw materials fell, the cost of aluminum fluoride decreased, and the price of aluminum fluoride fell sharply in February.

The price of raw materials fell in February

According to the monitoring of the Business Agency, as of February 27, the price of fluorite was 3050 yuan/ton, down 3.37% from 3156.25 yuan/ton on February 1; As of February 27, the price of hydrofluoric acid was 9828.57 yuan/ton, down 1.71% from the price of 10000 yuan/ton on February 1. The price of raw material fluorite and hydrofluoric acid both fell, the cost of aluminum fluoride dropped sharply, and the downward pressure on the price of aluminum fluoride increased.

Electrolytic aluminum market fluctuated and fell in February

It can be seen from the price trend chart of electrolytic aluminum of the Business Club that the price of electrolytic aluminum was 18386.67 yuan/ton as of February 27, down 3.13% from the price of 18980 yuan/ton on February 1. After the holiday, the market of electrolytic aluminum recovered somewhat, but the overall market of aluminum was less than expected. The price of electrolytic aluminum fluctuated and fell, the demand for aluminum fluoride was poor, and the price of aluminum fluoride fell under great pressure.

Market overview and forecast

According to the aluminum fluoride industry analyst of the Business Society, the aluminum fluoride enterprises resumed their operations in February, and the supply of aluminum fluoride increased. The price trend of aluminum fluoride depends on the cost of raw materials and the demand for aluminum fluoride; In terms of raw materials, the price of fluorite and hydrofluoric acid both fell in February. In terms of demand, the market of electrolytic aluminum was lower than expected, the market of industrial chain was still weak, and the demand for aluminum fluoride was poor. In the future, the demand for aluminum fluoride is still weak due to the decline in the cost of aluminum fluoride. It is expected that the price of aluminum fluoride will fall in a weak way in the future.