1、 Price trend

According to the data from the business club’s bulk list, the price trend of cryolite market this week was stable, with the average price of 5833.33 yuan / ton in Henan during the week, which was flat compared with last weekend and decreased by 7.89% compared with last year. On July 30, cryolite commodity index was 70.85, flat with yesterday, down 30.00% from 101.21 (2011-10-31), and 6.78% higher than 66.35, the lowest point on September 05, 2016. (Note: period refers to 2011-09-01 to now).

2、 Market analysis

The price of domestic cryolite is stable this week. As of the 31st, the ex factory quotation of cryolite in Shandong is about 5000-6800 yuan / ton, while that in Henan is 5300-6000 yuan / ton. The quotation of cryolite manufacturers in Henan Province is mainly stable. The equipment of the enterprises starts normal and the inventory is sufficient. Most of the enterprises sell according to the order. At present, Zhengzhou Tianrui grain Co., Ltd. has about 70% of the plant’s production capacity of 30000 T / A, with more downstream demand and acceptable inventory; Jiaozuo Minli Industrial Co., Ltd. has full plant load, normal start-up and sufficient supply; Zibo Kunyu industry and Trade Co., Ltd. has normal operation of cryolite with an annual production capacity of 40000 tons, with normal inventory and stable sales, and there is no parking plan.

In terms of upstream fluorite, the domestic market average price was 2800 yuan / ton at the weekend, which was stable compared with last weekend. At present, the domestic fluorite manufacturers are operating stably, the inventory is acceptable, the supply of goods is normal, the downstream users mainly purchase on demand, the situation of goods taking is general, and the price trend of fluorite market is weak and stable. In terms of the downstream electrolytic aluminum, the market demand is slightly warmer, and the downstream terminal demand is bullish in the second half of the year. At present, the social inventory of electrolytic aluminum continues to move down. Under the performance of supply and demand, it is expected that it will be stronger in the later period.

3、 Future forecast

Cryolite analysts from the business agency believe that: at present, the supply and demand performance of cryolite market shows that the manufacturers are operating normally, the inventory is sufficient, and the downstream demand is also improved. It is expected that the cryolite market will be sorted up in the later stage, and the specific attention should be paid to the market demand.