According to the commodity market analysis system of the business community, the market of Aluminium chlorohydrate has declined slightly by 0.71% since June: on the first day, the market of Aluminium chlorohydrate (industrial grade, content ≥ 28%) in China was reported at 1768 yuan/ton, and on the twelfth day, the market was reported at 1756 yuan/ton.

As shown in the figure, since the second quarter of 2023, the domestic market of Aluminium chlorohydrate has been on a downward trend for several consecutive weeks. The weekly decline in April has occasionally expanded, the decline in May first narrowed and then slightly expanded, and the decline has been slightly weak since June. The water treatment enterprises in the main production areas of our country have normal production, sufficient market supply, poor downstream procurement demand, average transaction, and the Aluminium chlorohydrate market continues to be weak.

Raw Material Hydrochloric Acid: According to the Commodity Market Analysis System of Business Society, the domestic hydrochloric acid price fluctuated slightly in June, showing a “U” shape. Among them, the price of hydrochloric acid (31%) was about 175 yuan/ton on the 1st, dropped to 165 yuan/ton on the 5th, and slightly increased to 173 yuan/ton on the 12th. The upstream liquid chlorine market is consolidating at a low level, with average cost support and weak downstream purchasing willingness. Analysis suggests that the hydrochloric acid market has been experiencing minor fluctuations and declines in recent times.

Liquefied natural gas for production. According to the Commodity Market Analysis System of the Business Society, the domestic liquefied natural gas market has risen since June. Among them, the average price of liquefied natural gas in China on June 1st was 4416 yuan/ton, and on June 12th it was 3728 yuan/ton, a significant decrease of 15.58%. Recently, the trend of the domestic liquefied natural gas market has been dominant, with a strong market sentiment towards high prices. The bidding price for raw gas has increased, resulting in a positive cost side effect. It is expected that domestic liquefied natural gas prices will continue to rise in the short term.

Future market forecast: Since June, the market support for raw fuel LNG has slightly increased. However, due to the sufficient supply of Aluminium chlorohydrate market and general downstream demand, trading enterprises report that business is difficult. With regard to the future market, the analysis believes that the market of Aluminium chlorohydrate will remain stable and slightly weak.

According to data monitored by Business Society, the domestic carbon black market has been operating steadily in the past week. On June 12th, the domestic carbon black N220 was quoted at 9133 yuan/ton.

Cost: In terms of raw materials, the price of Coal tar market has fallen and risen. At present, the price of Coal tar market in China is 4362 yuan/ton, and the price fluctuates around 100 yuan. Due to the decline in the operating rate of coke enterprises, the supply of Coal tar in some areas of the plant is relatively tight, and the price of Coal tar in the main production areas in China has remained strong, which has strong support for the carbon black cost side.

Supply and demand side: Most carbon black enterprises maintain normal operating levels, and there is little change in industry operating at the end of the month.

In terms of demand: In terms of downstream tire companies and other rubber product industries, the overall operating rate remains stable, and finished product inventory is at a reasonable level. With the support of early inventory, the enthusiasm of enterprises to purchase goods is average, and purchasing is mainly based on hard demand. There is currently no obvious positive news in the market, and the enterprise has a strong wait-and-see atmosphere, with weak transactions in the carbon black market.

On the whole, the cost side of raw material Coal tar has some support, but there are signs of a downward trend. The downstream demand has not improved significantly. The terminal downstream enterprises have accumulated serious inventory on the market, and the market procurement is mainly based on rigid demand. It is comprehensively expected that carbon black will maintain stable operation in the short term.

The price of aluminum fluoride fluctuated and fell this week

According to the commodity market analysis system of the business community, as of June 9, the quotation of domestic Aluminium fluoride was 10125 yuan/ton, down 2.88% from the price of Aluminium fluoride of 10425 yuan/ton on June 2 last weekend. The price of raw materials fell, the cost of Aluminium fluoride fell, and the price of Aluminium fluoride fell in shock this week.

The price of raw material hydrofluoric acid fluctuates and falls

According to the Commodity Market Analysis System of the Business Society, as of June 9th, the price of hydrofluoric acid was 9657.14 yuan/ton, a decrease of 0.29% compared to the price of 9685.71 yuan/ton on June 2nd. This week, the price of hydrofluoric acid fluctuated and fell, the cost of Aluminium fluoride fell, and the downward pressure of Aluminium fluoride remained.

Fluctuation and decline in fluorite prices

According to the Commodity Market Analysis System of the Business Society, as of June 9th, the price of fluorite was 3136.25 yuan/ton, a decrease of 0.24% compared to the price of fluorite on June 2nd, which was 3143.75 yuan/ton. This week, the price of fluorite fluctuated and fell, the cost of Aluminium fluoride fell, and the downward pressure of Aluminium fluoride remained.

Market Overview and Forecast

The analysts of Aluminium fluoride industry from the business agency believe that: the prices of hydrofluoric acid and fluorite fell in shock this week, the cost of Aluminium fluoride raw materials fell, and the downward pressure on Aluminium fluoride increased. In the future, the cost will fall, and the downward pressure of Aluminium fluoride will increase. It is expected that the price of Aluminium fluoride will fall in the future.

Recently, the price trend of domestic fluorite has remained stable and slightly decreased. As of the 7th, the average price of domestic fluorite was 3136.25 yuan/ton, a slight decrease of 0.24% compared to the 1st. The price trend of domestic fluorite has slightly declined.

Supply side: slight increase in fluorite production and easing of supply

The current game situation in the domestic fluorite industry still exists, and overall, the operating rate of enterprises has slightly increased, leading to an increase in spot supply of fluorite. On the one hand, there is still tension in upstream mining, and outdated mines will continue to be phased out. In terms of adding new mines, mineral investigation work remains challenging. In addition, mining enterprises are facing increasingly strict safety and environmental requirements, making it more difficult to start fluorite mines. The shortage of raw materials has restricted fluorite enterprises from starting operations. On the other hand, the operating load of domestic hydrofluoric acid is around 60%, and there is still a rigid demand for fluorite procurement. Some hydrofluoric acid enterprises have reduced production, and the demand for raw material fluorite has weakened. As a result, the high transaction price trend of fluorite has declined. However, due to the tight supply of raw materials, the fluorite market still has some support, and the price decline is not significant.

On the demand side: The price of hydrofluoric acid is declining, and the refrigerant market is sluggish

The price trend of domestic hydrofluoric acid has declined, and the mainstream price of hydrofluoric acid discussed in various regions has dropped to 9400-9900 yuan/ton. Recently, some devices have been shut down for maintenance, and the spot supply of hydrofluoric acid has slightly decreased. The order situation of manufacturers’ hydrofluoric acid is weak, and the domestic hydrofluoric acid market trend is not good. The high price of raw material fluorite and the poor demand for downstream refrigerants have caused serious losses for hydrofluoric acid production enterprises, and some hydrofluoric acid enterprises have reduced their production burden, There has been a decrease in demand for fluorite.

The market for downstream refrigerant products at the terminal is sluggish, and the operating rate of the refrigerant industry remains low. Recently, there has been sufficient refrigerant supply, driving the domestic refrigerant R22 price to remain low. The load of refrigerant R22 manufacturers is not high, and the domestic market performance is weak. Inventory digestion is the main focus, and procurement demand has not yet been followed up. Domestic R134a manufacturers operate at low loads, and the price trend of R134a is weak and stable. Currently, on-demand procurement is the main trend, while downstream enterprises are not operating high. Traders have a strong wait-and-see attitude, and the demand for consumer orders has not yet warmed up. Market confidence is insufficient. Currently, the market quotation for refrigerant R134a is mostly in the range of 24000-25000 yuan/ton, and some enterprises have not resumed production. Demand orders are still small, and the market is stagnant and declining. Overall, the refrigerant market is not good, The operating rate is less than 30%, coupled with a decline in the export market, resulting in weak domestic and external demand. The refrigerant market is sluggish, and the procurement of upstream raw materials is scarce, causing a slight decline in the fluorite market price.

In addition to the traditional demand of the refrigerant industry in the downstream, fluorite, as an important mineral raw material for modern industry, is constantly developing in demand in emerging fields. It is also used in strategic emerging industries such as new energy and new materials, as well as in national defense, nuclear industry and other fields, including Lithium hexafluorophosphate, PVDF, graphite anode, photovoltaic panels, etc. With the demand of new energy and semiconductor and other fields, fluorite applications have been supported to a certain extent.

Future Market Forecast: Although the supply of fluorite ore has not improved recently, the market price of hydrofluoric acid continues to decline, and there is a downward trend in the operation of hydrofluoric acid plants. In addition, the demand for the refrigerant industry has not improved significantly, and the refrigerant market is sluggish. Affected by bearish factors, Chen Ling, an analyst at Business Society, believes that the price of fluorite will mainly decrease slightly in the future.

1、 Price trend

According to the Commodity Market Analysis System of the Business Society, the average factory price of ammonium sulfate in China on May 29th was 784 yuan/ton. On June 5th, the average factory price of ammonium sulfate in China was 746 yuan/ton. This week, the price of ammonium sulfate decreased by 5.08%.

2、 Market analysis

The market price of ammonium sulfate fell this week. The domestic market for ammonium sulfate is weak and has been sorted out, with limited export orders and no improvement in the market. The downstream composite fertilizer market is generally weak, with on-demand procurement being the main focus. This week, urea prices rebounded, which is laterally positive for the ammonium sulfate market. As of June 5th, the mainstream factory quotation for coking grade ammonium sulfate in Shandong is around 630-690 yuan/ton. The mainstream factory quotation for domestic ammonium sulfate in Shandong is around 730-780 yuan/ton.

This week, the downstream compound fertilizer market was volatile and organized, with slight fluctuations in the market. The trend of compound fertilizer raw material ammonium phosphate is not good, and the raw material urea has rebounded and risen, with acceptable cost support. Downstream replenishment is based on demand, with corn fertilizer orders being the main shipment, and new orders being negotiated for one more order.

3、 Future Market Forecast

According to ammonium sulfate analysts from Business Society, the domestic ammonium sulfate market has undergone a slight adjustment in recent days, and domestic and international demand remains weak. Downstream restocking as needed, with a small amount of new orders traded in the market. Under the favorable situation of urea rebound, it is expected that the ammonium sulfate market will stabilize and consolidate in the short term.