According to the data of SunSirs, the price of aluminum fluoride continued to rise in October, and the aluminum fluoride market rose. As of October 20, the average price of aluminum fluoride in China was 11,100 RMB/ton, up 1.37% from the price of 10,950 RMB/ton on October 1 at the beginning of the month. The price of aluminum fluoride raw materials rose, the cost of aluminum fluoride rose, and the price of aluminum fluoride rose.
The price of raw materials rose
According to the monitoring of SunSirs, the price of fluorite rose sharply in October. As of October 20, the price of fluorite was 2,956.25 RMB/ton, up 4.65% from the price of 2,825 RMB/ton at the beginning of the month; The price of hydrofluoric acid rose in October. As of October 20, the price of hydrofluoric acid was 10,300 RMB/ton, up 3.15% from the price of 9,985.71 RMB/ton at the beginning of the month. In October, the prices of fluorite and hydrofluoric acid, the raw materials of aluminum fluoride, rose together, the cost of aluminum fluoride rose, and the impetus for aluminum fluoride to rise increased.
Market outlook
Analysts from the aluminum fluoride industry of SunSirs believe that: the price of aluminum fluoride raw materials fluorite and hydrofluoric acid has risen, the cost of aluminum fluoride has risen, the operating rate of aluminum fluoride enterprises is low, the profit of aluminum fluoride has declined, and the supply of aluminum fluoride is tight. In the future, the supply is still tight, and the price of raw materials will rise. It is expected that the price of aluminum fluoride will rise in shock in the future.