1、 Price trend

According to the data of business club’s block list, the market price of cryolite rose in February, with an average price of 6366.67 yuan / ton at the end of the month. Compared with the price of 5975.00 yuan / ton at the beginning of the month, the price rose by 6.56% in the month and 7.91% year-on-year.

2、 Market analysis

This month, the market of cryolite in Henan rose slightly, the demand of downstream aluminum industry increased, and the price rose, which is good for the cryolite market. The orders of cryolite enterprises are fair, and the downstream demand is general, mainly purchasing on demand. In terms of devices, the enterprises start up normally and the market inventory is sufficient. At present, the annual output of cryolite in Zhengzhou Zerun energy and Chemical Co., Ltd. is 10000 tons, and the devices start up normally. At present, the cryolite in Jiaozuo mingmingminli Industrial Co., Ltd. is in full load production, and the operations are normal. The annual output of cryolite in Zhengzhou Tianrui Crystal Technology Co., Ltd. is 30000 tons / year, and about 70% of the devices start up at present. By the end of the 26th, the ex factory price of cryolite in Henan was 5000-6300 yuan / ton, while that in Shandong was 5500-6800 yuan / ton. The manufacturers had a single talk, and the actual transaction price was flexible, with the specific focus on negotiation.

On the upstream side, the domestic fluorite market price rose slightly, but the overall increase was small. The average price of fluorite at the end of the month was 2761.11 yuan / ton, up 0.73% compared with the beginning of the month. Domestic fluorite manufacturers are operating stably. The start-up of mines and flotation units on the site remains at a low level. The fluorite supply on the site is slightly tight, and the market price rises slightly, which is good for the downstream.

3、 Future forecast

At present, the market of cryolite is in sufficient stock, and the manufacturers’ shipment situation is general. The demand of downstream aluminum industry is increasing, and the price is rising. The demand for cryolite is increasing. It is expected that the market of cryolite will rise slightly in the later period.