The price of aluminum fluoride fluctuated and fell in February

According to the Commodity Market Analysis System of Business Society, as of February 29th, the price of aluminum fluoride was 10150 yuan/ton, a decrease of 1.93% compared to the price of aluminum fluoride on February 1st, which was 10350 yuan/ton; On March 4th, the price of aluminum fluoride was 10100 yuan/ton, a decrease of 0.49% compared to February 29th and 2.42% compared to February 1st. After the holiday, aluminum fluoride enterprises resumed work, aluminum fluoride supply resumed, raw material hydrofluoric acid prices fluctuated and fell, aluminum fluoride costs decreased, downstream electrolytic aluminum resumed work poorly, downstream demand for aluminum fluoride was weak, and aluminum fluoride prices fluctuated and fell in February.

The price of hydrofluoric acid fluctuated and fell this week

According to the Commodity Market Analysis System of Shengyishe, as of February 29th, the quoted price of hydrofluoric acid was 10016.67 yuan/ton, a decrease of 0.66% compared to the quoted price of hydrofluoric acid on February 1st, which was 10083.33 yuan/ton; On March 4th, the price of hydrofluoric acid was 9966.67 yuan/ton, a decrease of 0.50% compared to February 29th and 1.16% compared to February 1st. In February, the price of hydrofluoric acid slightly decreased. During the Spring Festival, some manufacturers started operating normally, coupled with insufficient downstream demand and high inventory of hydrofluoric acid manufacturers. After the holiday, about 50% of hydrofluoric acid manufacturers started operating, but there were still plant shutdowns. The spot supply of hydrofluoric acid was sufficient, and hydrofluoric acid orders were poor, resulting in a decrease in hydrofluoric acid prices. Downstream, the overall transaction in the refrigerant industry is still good, but the production in the refrigerant industry is sluggish, and the procurement of hydrofluoric acid has not improved, resulting in a decline in the hydrofluoric acid market.

Poor resumption of downstream work

After the end of the Spring Festival, downstream aluminum enterprises have started construction one after another, but some enterprises have resumed work but have not yet resumed production at full capacity, and some enterprises have not yet resumed work; The basic enterprises that have resumed work and production are alloy ingot enterprises, a few aluminum plate and strip enterprises, and most aluminum rod enterprises have not yet resumed work. Domestic nationwide snowfall, limited logistics and transportation, and limited aluminum transactions. Downstream resumption of work is poor, and demand for aluminum fluoride is weak.

Market Overview and Forecast

According to analysts from Shengyishe Aluminum Fluoride Industry, the price of hydrofluoric acid fluctuated and fell in February, resulting in a decrease in the cost of aluminum fluoride. Downstream electrolytic aluminum production was poor, and demand for aluminum fluoride remained weak. In the future, it is expected that hydrofluoric acid will recover, and in terms of supply and demand, the production of aluminum fluoride will increase. The supply of aluminum fluoride will increase, and the demand will be weak. It is expected that the price of aluminum fluoride will be weak and consolidate in the future.