The aluminum fluoride market focused on the delivery of orders on hand, and aluminum fluoride prices stabilised. As of Apr 25, SMM aluminum fluoride prices were at 9,900-10,200 yuan/mt. SMM cryolite prices were 6,500-7,500 yuan/mt, flat WoW.
Fluorite prices went up. According to SMM's research, the fluorite prices to aluminum fluoride plants were mainly 3,400-3,650 yuan/mt on delivery-to-factory basis According to fluorite suppliers, due to national policies, the supply remained tight, and the price of fluorite is still expected to rise next month. Sulfuric acid prices stabilized in the week. The raw material market prices rose, supporting aluminum fluoride prices.
Aluminum fluoride enterprises maintained stable production and mainly executed monthly orders in the week. Domestic aluminum enterprises maintained stable production. Auminum enterprises inquiries picked up near the end of the month.
Overall, fluorite prices continued to rise due to tight market supply, while the price of sulfuric acid stabilized. The production costs of aluminum fluoride companies continued to rise. According to SMM, due to rising fluorite prices and production pressure, some prebaked anode producers suffered losses. The social inventory of aluminum fluoride is relatively low. Supported by rising costs, SMM expects that the price of aluminum fluoride may somehow increase next month.