1、 Price trend
According to the data of the business club’s bulk list, the price trend of cryolite market rose slightly in November. The average market price at the end of the month was 5800 yuan / ton, up 1.16% compared with 5733.33 yuan / ton at the beginning of the month, and 4.92% lower than that of last year.
2、 Market analysis
This month, the cryolite market is running weakly and stably. The manufacturers start operation normally, have sufficient inventory, and the downstream demand is general. The enterprises sell according to the order, and the market transaction is fair. At present, the ex factory price of cryolite in Henan Province is 5000-6200 yuan / ton, which is 200 yuan / ton higher than that of last month. The price of cryolite in Shandong Province is increased by 300 yuan / ton, and the ex factory quotation is 5500-6800 yuan / ton. The actual transaction price is flexible and mainly through negotiation.
On the upstream side, the price trend of domestic fluorite market decreased slightly. At the end of the month, the average price of domestic fluorite was 2616.67 yuan / ton, down 0.21% in the month. The domestic fluorite manufacturers started normal operation, the fluorite supply was sufficient, the downstream demand was general, the manufacturers’ orders were less, and the market price was volatile. It is expected that the fluorite market will be weak in the future. As for the downstream electrolytic aluminum, the social inventory is continuously moving down, and the domestic demand is strong. With the steady rise of domestic manufacturing industry and the improvement of downstream consumption, the demand for electrolytic aluminum is getting warmer, and the supply is facing a good direction, and the future market may fluctuate upward.
3、 Future forecast
At present, cryolite enterprises are operating normally, the market inventory is sufficient, the downstream demand is not significantly improved, and the market transaction remains weak and stable. It is expected that the cryolite market will operate weakly and stably in the future.
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