According to the Commodity Market Analysis System of SunSirs, as of September 22, the domestic quotation for aluminum fluoride was 9,800 RMB/ton, an increase of 0.77% compared to the price of 9,725 RMB/ton on September 15. The prices of raw materials such as fluorite and hydrofluoric acid had risen, the cost transmitted, and aluminum fluoride fluctuated and rose this week.
Raw material prices rose
According to the Commodity Market Analysis System of SunSirs, as of September 22, the price of fluorite was 3,375 RMB/ton, an increase of 0.75% compared to the price of fluorite on September 15, which was 3,350 RMB/ton; The price of fluorite increased by 6.09% compared to 3,181.25 RMB/ton on September 1st. As of September 22, the price of hydrofluoric acid was 10,316.67 RMB/ton, which was temporarily stable compared to the price of hydrofluoric acid on September 15, which was 10,316.67 RMB/ton; The price of hydrofluoric acid increased by 2.82% compared to 10,033.33 RMB/ton on September 1st. Since September, the price of fluorite had continued to rise. The upstream mining of fluorite was tight, and backward mines would continue to be phased out. The supply of fluorite would decrease. Under the gold September and silver October market, the demand for fluorite was expected to rebound, and downstream enterprises followed up as needed. The price of fluorite continued to rise; Recently, some hydrofluoric acid plants were still in shutdown, and the spot supply of hydrofluoric acid had not changed much. The order situation for hydrofluoric acid from manufacturers had slightly increased, coupled with the rising prices of raw materials such as fluorite and sulfuric acid, driving the hydrofluoric acid market higher. The prices of raw materials such as fluorite and hydrofluoric acid increased, resulting in rising costs. The support for the future price increase of aluminum fluoride has increased.
Fluoride aluminum industry analysts from SunSirs believe that the prices of hydrofluoric acid and fluorite had fluctuated and increased this week, leading to an increase in the cost of raw materials for fluoride aluminum. Overall, with rising costs and continued support from the rise in aluminum fluoride, it is expected that aluminum fluoride prices will stabilize strongly in the future.