Chinese aluminum fluoride export prices climb up
2017-03-24 08:51:34 [Print]
BEIJING (Asian Metal) 24 Mar 17 - Following the price increase in China, Chinese aluminum fluoride export prices moved up by around USD200/t to USD1,200-1,250/t FOB China in the middle of this month
A Chinese aluminum fluoride producer reported that they signed a contract in the middle of March at around USD1,200/t FOB China and will export around 600-800t of the material per month in Q2. “Although the price is lower than Chinese domestic price, we need to keep relations with overseas buyers at small volumes,” said the source, noting that the price rose by around USD200/t at least.
In Chinese domestic market, the producer offers RMB9,000-9,200/t (USD1,307-1,336/t) delivered for deals in April, in spite of transaction prices of RMB8,400-8,500/t (USD1,220-1,235/t) in early March.
Based on the capacity of 70,000tpy, the producer may be able to produce 6,000t of the material in March and holds no stock on hand now.
Another Chinese aluminum fluoride producer confirmed that the concluded export price reached USD1,200-1,250/t FOB China, up from around USD1,000/t in January. “According to a new contract, we will export 600t of the material at around USD1,200/t FOB China per month in Q2,” said the source, noting that they export 1,000t of aluminum fluoride in total per month now.
Based on the capacity of 40,000tpy, the plant may be able to produce around 1,100-1,200t in March and keep no stock on hand.
. Because of the high cost and strong demand, the price may continue to keep firm in the coming few months.A Chinese aluminum fluoride producer reported that they signed a contract in the middle of March at around USD1,200/t FOB China and will export around 600-800t of the material per month in Q2. “Although the price is lower than Chinese domestic price, we need to keep relations with overseas buyers at small volumes,” said the source, noting that the price rose by around USD200/t at least.
In Chinese domestic market, the producer offers RMB9,000-9,200/t (USD1,307-1,336/t) delivered for deals in April, in spite of transaction prices of RMB8,400-8,500/t (USD1,220-1,235/t) in early March.
Based on the capacity of 70,000tpy, the producer may be able to produce 6,000t of the material in March and holds no stock on hand now.
Another Chinese aluminum fluoride producer confirmed that the concluded export price reached USD1,200-1,250/t FOB China, up from around USD1,000/t in January. “According to a new contract, we will export 600t of the material at around USD1,200/t FOB China per month in Q2,” said the source, noting that they export 1,000t of aluminum fluoride in total per month now.
Based on the capacity of 40,000tpy, the plant may be able to produce around 1,100-1,200t in March and keep no stock on hand.