1、 Price trend
According to the data of the business club’s bulk list, the market price of cryolite fell slightly this week, with the average market price in Henan at the beginning of the week at 5966.67 yuan / ton, and the average market price at the weekend at 5900.00 yuan / ton, down 1.12% in the week, down 6.35% compared with the same period last year..
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2、 Market analysis
Product: the price trend of cryolite in this week is weak. The ex factory quotation of cryolite in Shandong is about 6500-6950 yuan / ton. The ex factory quotation of cryolite in Henan is 4800-6400 yuan / ton, 200 yuan / ton lower than last week. At present, the cryolite enterprises in Henan Province have sufficient inventory, fair transaction, and stable quotation. Affected by the environmental protection policy, the upstream output has been reduced, and the raw materials are in short supply. The cryolite market has been reorganized and operated. Before the year, the inventory of the enterprises was fair, and they were sold on a single basis.
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Industry chain: the price trend of fluorite in the upstream of cryolite is stable this week, and the average price in the domestic market at the weekend is 2894.44 yuan / ton, flat compared with the beginning of the week. In the near future, the supply of fluorite in China has been reduced, and the price has not changed much. The price of fluorite in the market is generally the same. As the Spring Festival is approaching, manufacturers and the downstream are going to have holidays gradually, and the price trend of fluorite in the market is stable. In the downstream aluminum industry, the aluminum price this week shows a “V” trend. The average market price at the weekend is 14566.67 yuan / ton, and at the beginning of the week is 14533.33 yuan / ton. The price rose 0.23% in the week. The overall price has little change. With the Spring Festival approaching, some small terminals in China are going into the phase of shutdown and holiday, and it is expected that the market will be in shock operation in the near future.
3、 Future forecast
According to the cryolite product analyst of the business association, at present, the contradiction between supply and demand in the cryolite market has not improved, and the downstream purchase tends to be low. However, due to the influence of upstream raw materials, the enterprise’s quotation will not be greatly adjusted. Near the Spring Festival holiday, it is expected that the cryolite market will be stable in the later period, with specific attention to market demand.
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