Fluorine Enterprise Funds Operation Tighter Prices or Weakening Downwards

Business Club June 27 hearing this week (6.18-6.21) domestic dry aluminum fluoride offer flat, mainstream companies reported 8,500-8,700 yuan / ton range, factory tax price, this month for Chinalco purchase price 8,500 yuan / ton, unchanged from the previous quarter, in the market to understand this month, Chinalco purchases in its average price fluctuations around 100 yuan / ton also exist. According to Aladdiny's research, this week domestic aluminum fluoride companies are still under full-load production, with no reduction or suspension of production capacity. This week, manufacturers' prices are stable, and the market is generally trading, because there is no basic price adjustment for manufacturers in the procurement cycle. Willingness, although some companies face pressures such as high inventory and difficult payment, they still maintain the original quotation and shipping. A few companies are able to relieve their own pressure while low-price shipments are being offered by mainstream companies, basically at RMB 8,800/tonne. When it came to the factory, there was no improvement in the market, and the wait-and-see atmosphere was strong, so the market showed signs of decline.

As for the downstream aluminum plants, the recent aluminum prices have fallen steadily in the rumors of the electricity price subsidy policy. The aluminum mills are still watching the decline in their prices, and no reduction in production has occurred. The purchase of aluminum fluoride still insists on just needed payments. Almost all the methods have been accepted, and the pressure on payment has gradually increased.

Market conditions This week, domestic aluminum fluoride production capacity increased to 680,000 tons, an increase of 20,000 tons of operating capacity from last week. Main aluminum fluoride enterprises in Henan, Shandong, Ningxia and other regions are in full production.

The cost of aluminum fluoride held steady this week; the price of aluminum fluoride raw materials continued to be stable this week; the transaction price of aluminum hydroxide remained stable, with the Shanxi offer at RMB 1,680-1,720/ton delivered at flat prices; its dry powder The price is set at RMB 1,750-2,000/ton ex-works, and the price for dry powder in the northwest region is low; the price for high-white aluminum hydroxide is RMB 2,300/ton, which is flat. Understand in the market that if fluoro enterprises reduce or stop production again under the dual pressure of declining inventory and prices, the price of aluminum hydroxide will decline due to the current market alumina prices falling in the channel while companies are under negative profits. Do not accept the loss of shipments, resulting in high inventory of some companies, coupled with the high hopes for the resumption of production of fluorine enterprises will tend to resume production to consume market stocks will be frustrated.

The price of fluorite powder this week was between 1,800-2,200 yuan/ton, which was stable compared to last week. Understand that the recent fluorite powder under the impact of the lack of downstream work and weak market conditions, the price is stable and weak, continue to bearish.

The transaction price of ice crystals** was stable at around RMB 6,800-7,200/tonne, in Shandong Province it was quoted at around RMB 6,800/tonne, the price was stable and sales were stable, and there was a low price in the recent market, but due to its Quality reasons The aluminum factory still insists on purchasing in mainstream companies.

** Prices have been steadily weakening in the near future. Downstream demand is still the main reason for the weaker prices. Some manufacturers have reduced their losses to reduce production or simply stop production and supply prices, and prices of raw materials and iron ore have remained stable. As a result, prices have been stable; 98% of them* *Mainstream prices in East China are between RMB 510-650/ton, RMB 600-700/ton in Northeast China, RMB 440-550/ton in Central China, RMB 450/ton in South China, and RMB 550-650 yuan in Southwest China. T, Northwest 350-500 yuan / ton. 105% acid transaction price this week is about 730 yuan / ton.

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