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Aluminum Fluoride Prices Remain Stable During the Week; Weak Demand May Lead to a Slightly Declining Market Trend [SMM Fluoride Salt Weekly Review]

  • Dec 26, 2024, at 5:20 pm
[SMM Fluoride Salts Weekly Review: Aluminum Fluoride Prices Remained Stable During the Week, Weak Demand May Lead to a Slight Downward Trend in the Market] This week, aluminum fluoride enterprises focused on fulfilling orders, and aluminum fluoride prices remained stable. As of now, SMM aluminum fluoride prices closed at 12,500-13,500 yuan/mt, and SMM cryolite prices were quoted at 6,500-7,200 yuan/mt.
This week, aluminum fluoride producers mainly focused on fulfilling orders, with aluminum fluoride prices remaining stable. As of now, SMM aluminum fluoride prices closed at 12,500-13,500 yuan/mt, while SMM cryolite prices were quoted at 6,500-7,200 yuan/mt. On the raw material side, the price of fluorite, a key raw material for aluminum fluoride, remained stable this week. According to SMM's survey, the fluorite prices procured by aluminum fluoride producers are currently around 3,450-3,800 yuan/mt. In terms of supply, the government's inspections and rectifications of mines have not eased, keeping the operating rate of mines at a low level. Additionally, the gradually decreasing temperatures in north China have led to increased production and transportation costs for fluorite, further tightening supply. As of Thursday this week, the average fluorite price recorded by SMM was 3,608 yuan/mt, unchanged from last week. Regarding another raw material, aluminum hydroxide, its price showed a steady to slightly weaker trend during the week. The average aluminum hydroxide price recorded by SMM was 3,602 yuan/mt, down by 0.13% compared to last Thursday. Overall, the raw material market continues to provide relatively strong support for aluminum fluoride. In terms of supply, with some easing in the raw material market, production activities of aluminum fluoride producers have improved, leading to an increase in inventory. However, environmental protection measures and maintenance activities have caused supply reductions in certain regions. On the demand side, domestic aluminum capacity has slightly declined, particularly in Sichuan and Guangxi, where production cuts occurred due to technological upgrades or losses, exerting downward pressure on aluminum fluoride demand. Brief Comment: Overall, despite the firm trend in the raw material market, weak downstream demand and price suppression sentiment may lead to a slightly declining trend in the aluminum fluoride market in the short term. As the month is about to end, a new round of market negotiations is expected to begin, with the market awaiting guidance from benchmark enterprises' bidding prices. 》Click to view the SMM Aluminum Industry Chain Database 
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