Aluminum fluoride Market Crisis in the organic
The recent tender price of domestic spot aluminum fluoride in East China fell below 6000 yuan / ton, Xinjiang area prices mostly in the 6500-6650 yuan / ton, some enterprises are still dropping space distance. But from the current market of aluminum fluoride, has not seen the loss cost to measure the shipment, to return time and reputable companies, the group properties and state-owned enterprises aluminum purchasing price advantage, but a long period of payment business turnover is relatively high.
From the supply point of view, the current domestic fluoride market is still partial excess conduction to the industry's downstream. Since the beginning of this year, aluminum fluoride operating rate continued to maintain stability in about 54%, and the two quarter, as the climate warms up the chemical industry is also the most difficult period of the organization's production, the extraordinary production of various enterprises. At the same time, traders involved, but also to bring pressure on the current price. From the supply and demand of static data, March monthly tight balance between supply and demand, a quarter surplus of 6000 tons, even in April still maintain the operating rate of the market inventory is still about ten thousand tons, the supply to the market pressure is limited. Learn from the enterprise in the market of aluminum fluoride, aluminum fluoride recent price decline is still the early resumption of production capacity of the enterprise to focus on the release of the fragile market panic. Such as fluorine enterprises in Hunan area production, the aluminum sales advantage in areas such as Guizhou distance downstream production more, when customers again this will bring pressure to the market. In addition, Henan Zhongse Shaoxing chemical production for several years to resume production, the sales prices of raw materials, the advantage is not obvious, the competitiveness of Enterprises Limited products into the market will be realized, or have a certain price concessions.
In terms of raw materials, the fluorite powder prices since the South led the 30 yuan / ton, although the country has been bullish, and hopes to boost the market driven by hydrofluoric acid from fluorite market, but the recent market reaction, the downstream industry started the refrigerant hydrofluoric acid as expected, strong intention, market demand procurement, fluorite powder prices still vulnerable to the mainly. The other raw material prices in alumina not aluminum hydroxide to break through the 2000 yuan / ton, the price is up or difficult. At present, it is obvious that the tertiary industry is the sulfuric acid market, although now only the Shandong area of sulfuric acid prices rose rapidly, but from the national price point of view, rising is an indisputable fact. Comprehensive view of the support of aluminum fluoride raw material prices are still.
The export side, the recent export market is the hardest hit by the industry. In front of the domestic LED force opened the first Russian Aluminum fell off, bidding to $950 / ton low turnover, after the March export data in Qatar bid to $908 / ton price finalized the transaction is low, with reference to the purchase price of aluminum LME. According to the exchange rate is also under 6000 yuan / ton. Single from the data, the first quarter year-on-year exports fell 51.54%, while a quarter of aluminum fluoride production increased by 11.26%, the yield increase of exports decline. The export volume in March year-on-year decline for a minimum of 44.5%, you can understand the demand for the export market in a slow recovery, will also play a positive role in price bottoming.
Domestic demand, aluminum prices continued to improve, the enthusiasm of the aluminum complex is indeed increased, but the conditions are still in the preparation stage, the product of the earliest to June. The comprehensive comparison after production profits and start-up capital recovery cycle, we believe that the majority of production still does not have the production, with the continuous deepening of the national capacity to the requirements of the backward production capacity will be a large number of long-term idle. The new production enterprises are still in Shandong Wei bridge, Shandong, Xinjiang issued a letter letter and other plant, progress in line with our expectations, converted into demand for aluminum fluoride increased only 3000 tons, less than the Hunan area production enterprises yield half month fluoride.
To sum up, the market supply and demand structure of aluminum fluoride did not change, can be expected to increase the supply of no increase, while the downstream production capacity of aluminum ingot production is increasing slowly; coupled with the foreign trade demand picks up, the price of aluminum fluoride bottom will be formed in June. And the current round of price cuts is caused by the panic of local enterprises. Of course, the butterfly effect has been formed is very difficult to resolve in the short term, the five or six month price dropping has become a reality, but with the dual role of the price dip and the cost of support, the market fell in time and space are limited.
