Aluminum fluoride prices in China move up
2024-03-05 08:31:31 [Print]
BEIJING (Asian Metal) 5 Mar 24 - As fluorspar prices moved up and aluminum fluoride stocks reduced over the past two weeks in China, aluminum fluoride prices moved up. Present mainstream prices for aluminum fluoride 61%min in China keep at RMB8,750-8,950/t (USD1,215-1,243/t) EXW D/A, up by RMB100/t (USD14/t) from late last week. Producers remain confident in the price in the coming two weeks.
A Shandong-based aluminum fluoride 61%min producer reported that they sold around 2,500t to a major local consumer at around RMB8,800/t (USD1,222/t) delivered T/T early this month with the freight around RMB40/t (USD6/t), while the sales price for over 2,000t kept at RMB8,600/t (USD1,195/t) delivered T/T one month ago. "We now maintain the price of RMB8,800/t (USD1,222/t) delivered and I think the price will get support in the coming two weeks," said the source, adding that the best price they received for fluorspar 97%min rose by RMB100/t (USD14/t) to around RMB3,300/t (USD458/t) delivered over the past two weeks.
Based on the annual production capacity of 50,000t and two production lines, they produced around 2,000t in February and might produce 2,500t in March with no stock now. They produced around 30,000t in 2023 and around 4,500t so far this year.
A producer of aluminum fluoride 61%min in Hunan confirmed that their best sales price now stays at RMB9,000/t (USD1,250/t) delivered D/A and sold around 500t to a regular consumer early this month at RMB9,000/t (USD1,250/t) delivered D/A with the freight over RMB200/t (USD28/t). "The price rose by RMB200/t (USD28/t) compared with that for the same volume one month ago and I think the price will get support in the coming two weeks, as stocks reduced," said the source, who keeps no stock now and once kept over 1,000t one month ago.
The producer, with four production lines and the total production capacity of 80,000tpy, produced around 3,500t last month and the volume might remain stable this month. They produced over 40,000t in 2023 and around 7,000t during the first two months of this year.
A Shandong-based aluminum fluoride 61%min producer reported that they sold around 2,500t to a major local consumer at around RMB8,800/t (USD1,222/t) delivered T/T early this month with the freight around RMB40/t (USD6/t), while the sales price for over 2,000t kept at RMB8,600/t (USD1,195/t) delivered T/T one month ago. "We now maintain the price of RMB8,800/t (USD1,222/t) delivered and I think the price will get support in the coming two weeks," said the source, adding that the best price they received for fluorspar 97%min rose by RMB100/t (USD14/t) to around RMB3,300/t (USD458/t) delivered over the past two weeks.
Based on the annual production capacity of 50,000t and two production lines, they produced around 2,000t in February and might produce 2,500t in March with no stock now. They produced around 30,000t in 2023 and around 4,500t so far this year.
A producer of aluminum fluoride 61%min in Hunan confirmed that their best sales price now stays at RMB9,000/t (USD1,250/t) delivered D/A and sold around 500t to a regular consumer early this month at RMB9,000/t (USD1,250/t) delivered D/A with the freight over RMB200/t (USD28/t). "The price rose by RMB200/t (USD28/t) compared with that for the same volume one month ago and I think the price will get support in the coming two weeks, as stocks reduced," said the source, who keeps no stock now and once kept over 1,000t one month ago.
The producer, with four production lines and the total production capacity of 80,000tpy, produced around 3,500t last month and the volume might remain stable this month. They produced over 40,000t in 2023 and around 7,000t during the first two months of this year.
