The price of aluminum fluoride remains stable temporarily after the holiday

According to the Commodity Market Analysis System of Business Society, as of February 18th, the domestic quotation for aluminum fluoride is 10225 yuan/ton, which is temporarily stable compared to the price of aluminum fluoride on February 9th before the holiday, which was 10225 yuan/ton; Compared to February 1st, the price of aluminum fluoride decreased by 1.21% to 10350 yuan/ton. The prices of raw materials have fallen, the cost of aluminum fluoride has decreased, and the price of aluminum fluoride has fallen in February. After the holiday, the replenishment of aluminum fluoride inventory is poor, and the price of aluminum fluoride is temporarily stable.

Reduced raw material costs

According to the Commodity Market Analysis System of Shengyishe, as of February 18th, the price of fluorite is 3343.75 yuan/ton, which is temporarily stable compared to the price of 3343.75 yuan/ton on January 31st. During the Spring Festival, the construction of fluorite mines was poor, the supply of fluorite was tight, and the price support for fluorite remained. Downstream enterprises had poor purchasing sentiment, and upstream and downstream games led to weak and stable fluorite prices.

According to the Commodity Market Analysis System of Business Society, as of February 18th, the quotation for hydrofluoric acid was 10083.33 yuan/ton, a decrease of 1.47% compared to the quotation of 10233.33 yuan/ton on January 31st. In early February, some hydrofluoric acid companies sold at reduced prices, resulting in a decrease in hydrofluoric acid prices. Downstream replenishment after the holiday was average, and hydrofluoric acid orders were average. The price of hydrofluoric acid remained stable temporarily, and the cost of aluminum fluoride raw materials decreased in February.

Market Overview and Forecast

According to analysts from Shengyishe Aluminum Fluoride Industry, the prices of raw materials such as fluorite and hydrofluoric acid fell in February, leading to a decrease in the cost of aluminum fluoride. In the off-season of the electrolytic aluminum market, downstream replenishment after the holiday was average, and downstream customer purchases of aluminum fluoride were weak, resulting in a decrease in demand for aluminum fluoride. In the future, the cost of aluminum fluoride will decrease, and the demand will decrease. It is expected that the price of aluminum fluoride will fluctuate and fall in the future.

Product name: Titanium dioxide

Latest price on February 7th: 16583.33 yuan/ton

Key points of analysis: On February 7th, the domestic titanium dioxide market prices remained stable. At present, market trading is light, and as the Spring Festival holiday approaches, downstream and distributors are gradually taking a break. It is expected that the titanium dioxide market will remain stable in the short term, and the actual transaction price will remain unchanged.

Prediction: It is expected that the trend of titanium dioxide will remain stable in the short term, and the actual transaction price will remain unchanged.

Product Name: PVC

Latest price: 5566 yuan/ton

Analysis points: On February 6th, the PVC spot market prices fluctuated. Manufacturers have remained stable with some declines, and the trading atmosphere on the market has been light. Downstream processing enterprises have basically started their holidays, and dealer prices are relatively flexible. At present, the quotation for PVC SG5 is mostly around 5400-5800 yuan/ton. Downstream enterprises that have not yet taken holidays are buying on dips.

It is expected that the PVC spot market will temporarily stabilize and consolidate in the short term.

On February 5th, adipic acid remained stable in the East China region, and today’s price remained relatively stable compared to the previous weekend. Dealers often report high levels of exploratory behavior. The price of raw material pure benzene has stabilized and rebounded, with increased cost support. At present, the pressure on supply and demand is average, and manufacturers are still in the process of reducing inventory. Downstream pre holiday stocking is still ongoing, and supply and demand remain stable. Today, the mainstream market prices are: 9700-9850 yuan/ton for Shandong sources and 9800-9900 yuan/ton for Jiangsu sources.

In the future market forecast, Business Society predicts that there will still be support for the cost side, and the supply and demand of adipic acid will remain stable before the holiday, with prices mainly maintaining a narrow adjustment.

According to data monitoring by Business Society, as of February 4, 2024, the domestic market price of butanone was referenced at 7750 yuan/ton. Compared with January 31, 2024 (reference price of butanone was 7650 yuan/ton), the price increased by 100 yuan/ton, an increase of 1.31%.

From the monitoring chart of Business Society data, it can be seen that in the first two months of February, the overall domestic butanone market showed a slight upward trend. At present, there are still some factories downstream of butanone that are stocking up before the holiday, providing certain support to the market in terms of demand. The overall supply pressure of the butanone market is relatively small, and the supply and demand transmission of butanone is relatively stable. Some factories have good shipments, and the shipment price of butanone has been increased by about 100-200 yuan/ton. As of February 4th, the domestic market price of butanone is around 7500-7900 yuan/ton.

Market Forecast and Analysis of Butanone

Currently, the Spring Festival holiday is approaching, and with logistics shutdowns in many domestic regions, the trading atmosphere in the butanone market is gradually becoming quiet and mild. Business Society butanone data analysts believe that in the short term, the domestic butanone market will mostly operate steadily, with limited overall fluctuations in the market. The specific trend still needs to pay more attention to specific news changes on the supply and demand side.