Price trend in December

According to the data monitoring of the bulk list of business society, cryolite continued to have a strong market in December, and the price trend was stable and upward. On December 30, the average market price in Henan was 7300 yuan / ton, a slight increase of 100 yuan / ton compared with 7200 yuan / ton at the beginning of the month, an increase of 1.39% in the month and 22.18% year-on-year.

In December, the domestic cryolite market was high and strong. In the early stage, due to the shortage of raw materials and high production costs, the prices of manufacturers rose to a high level. With the increase of raw materials, the cost pressure was relieved. However, affected by winter heating, manufacturers in the North Limited production and low enterprise inventory, which supported the continued strong market. In addition, the downstream demand was stable, and cryolite enterprises operated at a high price, The market rose slightly. As of the 30th, the ex factory price of cryolite in Henan was 6800-8700 yuan / ton, up 100-300 yuan / ton month on month; The ex factory price in Shandong is temporarily stable, and the quotation is about 7600 yuan / ton. The actual transaction price is mainly negotiated.

Upstream and downstream market analysis

In the upstream, the domestic soda ash market decreased significantly. On December 30, the average price of soda ash was 2700.00 yuan / ton, a decrease of 18.49% compared with 3312.50 yuan / ton at the beginning of the month. As the price rose to a high level in the early stage, the market digested the increase in the month, and the price of soda ash continued to decline. In December, the operating rate of soda ash increased, the output increased, the market supply circulation increased, while the downstream demand was weak, the enterprises actively shipped, the actual transaction was general, and the trend of soda ash was weak.

The downstream aluminum price fluctuated upward in December. On December 30, the average price of domestic aluminum ingots in East China market was 20156.67 yuan / ton, up 6.65% from the average price of 18900.00 yuan / ton on December 1. With the increase of downstream demand, the aluminum destocking is obvious, which, combined with the impact of the rise of overseas electricity price, drives the domestic spot price to rise to 20000 yuan / ton, the price of raw alumina falls, the coal price falls, the power cost of electrolytic aluminum falls, and the profits of aluminum plants pick up.

Future forecast

At present, the cryolite market continues to be strong. Heating in winter affects the production limit of enterprises. In addition, the raw material cost pressure of individual enterprises is still high. The cryolite market price is running at a high level, while the downstream demand is OK, and the short-term price remains strong. It is expected that the cryolite market will be stable in the later stage.