Lizhong Chemical suspends aluminum fluoride production

BEIJING (Asian Metal) 28 Mar 24 - Shandong Bofeng Lizhong Chemical Co.Asian Metal Copyright, a major aluminum fluoride producer in east China, suspended production in early March due to the sluggish market and would not release production in March, a source from the company reported to Asian Metal.Asian Metal Copyright, a major aluminum fluoride producer in east China, suspended production in early March due to the sluggish market and would not release production in March, a source from the company reported to Asian Metal.

"We shut down production early this month because of the sluggish market and would not restart until late April," said the source, who produced around 2,000t in February and holds no stock now.

With four production lines and the total production capacity of 90,000tpy, they produced around 20,000t in 2023 and around 3,000t so far this year.

Present mainstream prices for aluminum fluoride 61%min in China keep at RMB9,000-9,200/t (USD1,246-1,273/t) EXW, up by RMB250/t (USD35/t) from late last week due to the increased fluorspar price. Due to the increased cost, aluminum fluoride producers in China raised prices.

.Asian Metal Copyright "We shut down production early this month because of the sluggish market and would not restart until late April," said the source, who produced around 2,000t in February and holds no stock nowAsian Metal Copyright