Price Trend
According to data from business associations, domestic dry-process aluminium fluoride prices fell slightly in September, with an average market price of 10 333 yuan/ton at the beginning of the month and 10 166 yuan/ton at the end of the month, falling by 1.61%.
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II. Market Analysis
In September, the price of aluminium fluoride remained stable as a whole, while the price of individual manufacturers slightly declined: at present, the price of aluminium fluoride in Henan is 9,400-9,800 yuan/ton, and that of aluminium fluoride in Shandong is about 9,400-9,900 yuan/ton. Zhengzhou Tianrui Grain Technology Co., Ltd. quoted 11,000 yuan per ton of aluminium fluoride, Shandong Luzeng Chemical Co., Ltd. to 11,000 yuan per ton, Zhengzhou Zerun Energy and Chemical Co., Ltd. to 10,000 yuan per ton of aluminium fluoride.
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Industry Chain: Domestic hydrofluoric acid price trend continued to decline in September, the recent market situation of manufacturers is poor, downstream refrigerant industry start-up rate remains low, the domestic market demand for hydrofluoric acid is limited, coupled with domestic hydrofluoric acid plant maintain a high start-up rate, domestic spot supply is sufficient, and some manufacturers continue to decline. As of the end of the weekend, the mainstream of hydrofluoric acid negotiations in the southern region is 9300-10000 yuan/ton, while the price of hydrofluoric acid in the northern market is 9500-10000 yuan/ton. Recently, the domestic market price of hydrofluoric acid has fallen, the demand of the downstream refrigerant industry is poor, the supply of hydrofluoric acid manufacturers is not good, and the market price trend is declining. Aluminum fluoride prices showed a steady overall performance in August, but at the end of September, individual aluminium fluoride manufacturers reduced their ex-factory prices to promote sales, and the market price of aluminium fluoride began to loosen.
3. Future Market Forecast
Analysts of Aluminum Fluoride Industry of Business Society Chemical Branch believe that the price of upstream raw material hydrofluoric acid continues to decline, and individual Aluminum Fluoride manufacturers have lowered their ex-factory prices. It is expected that the price of Aluminum Fluoride will begin to decline in October.
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