Price trend

According to the price monitoring of business agency, the price trend of cryolite in Henan Province fell first and then rose this week. On February 11, the average market price in Henan Province was 7300.00 yuan / ton, unchanged from the beginning of the week and flat month on month.

quotations analysis

The domestic cryolite market was stable temporarily, and the quotations of enterprises in Henan and Shandong were stable during the week. The cost of cryolite and the supply of raw materials are basically stable. The enterprises in the north are affected by heating, and the operation is low. The price of cryolite is mainly strong. The operators in the field hold a wait-and-see attitude towards the future market. As of February 11, the ex factory quotation of cryolite in Shandong is 7000-7600 yuan / ton, and that in Henan is 6700-8700 yuan / ton.

The price trend of upstream soda ash was strong this week. As of February 11, the average market price was about 2325 yuan / ton, with an increase of 4.49% during the week. Soda ash was sorted upward this week, and manufacturers actively shipped after the festival, with a strong price increase mentality.

Downstream, the aluminum market fluctuated and rose. On February 11, the aluminum price was 22946.67 yuan / ton, an increase of 6.26% during the week. During the Spring Festival, the export demand of electrolytic aluminum increased and the social destocking was obvious. Affected by the Winter Olympic Games, the northern aluminum plant reduced production, favorable supply and demand, and the aluminum price was sorted up.

Future forecast

The domestic cryolite market is operating firmly. The downstream needs to be purchased after the festival. The on-site cargo holders have a wait-and-see mentality. The operating rate of cryolite enterprises is OK, and there is no pressure on inventory. It is expected that the short-term cryolite trend will continue to operate at a high level, with specific attention to the downstream demand.