Aluminum fluoride market picked up

Stimulated by the continuous rise in the price of aluminum ingots, the price of aluminum fluoride fluctuated and rose in August. According to the data of business agency, the domestic price of aluminum fluoride on August 9 was 8666.67 yuan / ton, up 1.96% from 8500 yuan / ton on August 1 at the beginning of the month.

High aluminum ingot price and strong operation

According to the monitoring of business society, the aluminum commodity index on August 8 was 111.40, the same as yesterday, down 0.57% from the highest point of 112.04 in the cycle (2021-05-10), and up 105.46% from the lowest point of 54.22 on November 24, 2015（ Note: the period refers to the period from September 1, 2011 to now). Since June, the price of aluminum ingots has continued to fluctuate and rise, and the aluminum ingot Market has risen strongly at a high level. The aluminum ingot market continues to run strongly, stimulating the rise of aluminum fluoride price, which has a great driving force. In the future, the aluminum price is expected to continue to rise, but the rise is slowing down due to the impact of limited power and trans provincial transportation in the aluminum market.

Market overview and forecast

Analysts of aluminum fluoride industry of business agency believe that: stimulated by the continuous high operation of aluminum ingot prices, the driving force for the rise of aluminum fluoride prices has increased, and the price of aluminum fluoride fluctuated and rose in August. In the future, the aluminum ingot market continues to rise, but the rise is expected to slow down, the rising power of aluminum fluoride in the future slows down, and the future price of aluminum fluoride is expected to stabilize.