Aluminum fluoride prices fell in November

According to the Commodity Market Analysis System of the Business Society, as of November 9th, the domestic quotation for aluminum fluoride was 11450 yuan/ton, a decrease of 1.08% from the price of aluminum fluoride on November 1st, which was 11575 yuan/ton. Costs have decreased, demand support has decreased, and the price of aluminum fluoride fluctuated and fell in November.

Fluctuation and decline in fluorite prices

According to the Commodity Market Analysis System of the Business Society, as of November 9th, the price of fluorite was 3700 yuan/ton, a decrease of 1.33% compared to the price of fluorite on November 1st, which was 3750 yuan/ton. The construction of fluorite mines has been poor, and the supply of fluorite mines remains tight. Downstream demand is poor, and fluorite prices have slightly decreased. The high price of fluorite has fallen, cost support has weakened, and the downward pressure on aluminum fluoride has increased.

The price of hydrofluoric acid fluctuates and falls

According to the Commodity Market Analysis System of the Business Society, as of November 9th, the price of hydrofluoric acid was 11183.33 yuan/ton, a decrease of 2.19% compared to the price of 11433.33 yuan/ton on October 31st. Refrigerant enterprises are operating at a low level, and hydrofluoric acid is purchased on demand. The price of hydrofluoric acid has decreased, and the market for hydrofluoric acid has declined. The price of hydrofluoric acid has fluctuated and fallen, and cost support has weakened. The downward pressure on aluminum fluoride still exists.

Yunnan Province faces power restrictions, resulting in a decrease in the production of electrolytic aluminum enterprises

Under the influence of seasonal water inflow differences, in recent years, Yunnan, a major hydroelectric province, has almost normalized the phased power restrictions and production reductions for industrial power users in the region. After entering November, electrolytic aluminum manufacturers have gradually reduced their operating capacity in the Yunnan region. This winter, the production restriction curtain will begin, and the current round of electrolytic aluminum production reduction in the Yunnan region is expected to continue until May 2024, and it is not ruled out that there is a possibility of a second round of power restriction and production reduction. It is expected that the impact on the production capacity of electrolytic aluminum will reach millions of tons. The reduction in production of electrolytic aluminum has led to a decrease in demand for the raw material aluminum fluoride, and the downward pressure on aluminum fluoride has increased.

Market Overview and Forecast

Analysts from the fluoride aluminum industry at the Business Society believe that in November, the prices of hydrofluoric acid and fluorite continued to decline slightly at the end of October, and the cost of fluoride aluminum decreased; Due to power restrictions in Yunnan, the production of electrolytic aluminum is expected to significantly decrease, and the demand for aluminum fluoride has significantly decreased. The downward pressure on aluminum fluoride has increased. Overall, the cost of aluminum fluoride has decreased, and demand is weak. The downward pressure on aluminum fluoride has increased, and it is expected that the price of aluminum fluoride will weaken due to future fluctuations.