Cryolite market stable (3.9-3.13)

1、 Price trend

 

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According to the data of the business club’s bulk list, the market price of cryolite this week was weak and stable. The average market price in Henan was 5900.00 yuan / ton in the week, down 1.12% compared with the average market price of 5966.67 yuan / ton last weekend, down 7.33% compared with the same period last year..

 

2、 Market analysis

 

Products: according to statistics, the price trend of cryolite keeps stable operation. As of the 13th, the factory price of cryolite in Shandong is about 6000-6950 yuan / ton; the factory price of cryolite in Henan is 5000-6700 yuan / ton, 200 yuan / ton lower than last week. At present, the operation of cryolite enterprises in Henan Province is normal, the inventory is sufficient, the quotation of manufacturers is mainly stable, and the enterprises sell according to the order. Affected by the environmental protection policy, the upstream raw materials are in short supply; the downstream users purchase on demand, and the cryolite market is weak and stable.

 

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Industry chain: the price trend of upstream fluorite rose slightly this week. The average price of domestic market at the weekend was 3400 yuan / ton, up 0.99% in the week. Affected by the recent health events, some fluorite manufacturers have not resumed production, the on-site operating rate is not high, and the supply of domestic fluorite is tight. Downstream fluorite market purchases on demand, the on-site delivery situation has improved, and the market price of fluorite continues to rise. In the downstream aluminum industry, the risk of excess capacity still exists in the aluminum industry, the downstream consumption is not optimistic, the international trade situation is complex and changeable, and the stable operation of the industry is still under pressure. This week, the aluminum price trend continues to decrease, the weekend market average price is 12656.67 yuan / ton, 1.48% lower than 12846.67 yuan / ton at the beginning of the week, and the overall price has little change.

 

3、 Future forecast

 

According to the cryolite product analyst of the business association: in terms of the supply and demand performance of the cryolite market, the manufacturers have started normally with sufficient inventory, and the downstream side tends to buy on demand. However, due to the influence of upstream raw materials, the enterprise’s quotation will not be greatly adjusted. It is expected that the market of cryolite will be weak and stable in the later period, and the market demand will be specifically focused.

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