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Aluminum Fluoride Market Rose Continuously in November

November 30, 2021

The price of aluminum fluoride rose sharply in November

According to data from SunSirs, the aluminum fluoride market continued its trend in November, and the price of aluminum fluoride rose sharply in November. As of November 26, the average domestic aluminum fluoride quotation price was 14,366.67 RMB/ton, an increase of 15.55% from the price of aluminum fluoride at 12,433.33 RMB/ton on November 1.

According to the monitoring of SunSirs, since aluminum fluoride bottomed out in July, the price of aluminum fluoride has risen for five consecutive months. In 2021, electrolytic aluminum has repeatedly set new highs, and the demand for aluminum fluoride is sufficient, and the rise of aluminum fluoride has been supported; the prices of fluorite and hydrofluoric acid have risen sharply, the cost of aluminum fluoride has risen, and the rising momentum of aluminum fluoride has been strong, supporting the continuous surge in aluminum fluoride prices.

In November, the price of raw materials was adjusted at a high level

According to the monitoring of SunSirs, the high price of hydrofluoric acid stabilized after the increase in November. As of November 26, the price of hydrofluoric acid was 14,030 RMB/ton, which was a substantial increase from the price of 13,150 RMB/ton at the end of October (October 31), an increase of 6.69%; The rise in the price of hydrofluoric acid supported the rise in the price of aluminum fluoride; the price of hydrofluoric acid remained stable in mid-to-late November, and there was sufficient demand on the market. The negative pressure of hydrofluoric acid was small, the favorable support was still there; the price of raw materials was high, the cost of aluminum fluoride still had support for aluminum fluoride, and the momentum for the rise of aluminum fluoride still existed.

According to the monitoring of SunSirs, the price of fluorite rose stepwise in November, and the price of fluorite continued its previous upward trend, and the price of fluorite rose by 4.07% in November; In November, due to the impact of the cold wave in Inner Mongolia and other places, traffic was blocked, the price of fluorite rose in the short term; the price of fluorite rose at a high level, the cost of aluminum fluoride rose, and the upward momentum of aluminum fluoride increased.

Market summary and forecast

The aluminum fluoride industry analyst of SunSirs believes that the price of hydrofluoric acid continued to rise in November, the price of fluorite rose at a high level, the price of raw materials rose at a high level, the cost of aluminum fluoride rose, and the price of aluminum fluoride rose sharply in November. As the high prices of hydrofluoric acid and fluorite stabilized, the upward momentum of raw materials weakened, the price of electrolytic aluminum fell from the high level, and the rigid demand for aluminum fluoride weakened, and the growth rate of aluminum fluoride slowed down in November. In terms of market outlook, the market outlook for hydrofluoric acid and fluorite is insufficient to support the market outlook, electrolytic aluminum shows signs of bottoming and stabilization, the downward pressure on aluminum fluoride is relatively small. Equipment start-ups of aluminum fluoride enterprises have declined, and the supply of aluminum fluoride has decreased, electrolytic aluminum is in the traditional off-season, both the supply and demand of aluminum fluoride market are weak. It is expected that the price of aluminum fluoride will temporarily stabilize weakly in the future, and be wary of downside risks.