In the first half of 2023, the domestic Cryolite market fluctuated and the price trend decreased slightly. According to the Commodity Market Analysis System of Business Society, the average market price of TDI on June 30th was 7850 yuan/ton, a decrease of 100 yuan/ton compared to 7950 yuan/ton at the beginning of the year, and an overall decrease of 1.26%. The lowest price in the first half of the year was 7825 yuan/ton, and the highest price was 7975 yuan/ton, with an amplitude of 1.88%.

From the monthly K column chart of Cryolite, the price fluctuation in the first half of 2023 can be roughly divided into the following three stages:

Stable but strong (January February): the price of Cryolite market rose slightly, at 7950 yuan/ton at the beginning of the year, and 7975 yuan/ton at the end of February, up 0.31%. The downstream needs to follow up. Cryolite enterprises’ quotations are mainly stable. After the Spring Festival, the downstream replenishes goods. Some manufacturers’ shipments are good, and Cryolite slightly increases. After that, the demand remains light. Cryolite manufacturers keep a wait-and-see attitude and operate stably.

Weak downturn (March): The price dropped from 7975 yuan/ton to 7825 yuan/ton, a decrease of 1.88%, which is also the largest amplitude in the first half of the year. In March, the market trend continued to decline. Due to the impact of poor downstream demand and resistance to high price supplies, Cryolite enterprises were not able to ship well, and some manufacturers’ quotations were reduced.

Firm operation (April June).

Future market outlook: at the raw material end, affected by increasingly strict environmental protection, safety and other factors in the upstream, the commencement will not be greatly improved. The supply of fluorite is tight, and Cryolite cost support will continue.

In terms of supply, due to the high production cost, Cryolite enterprises mainly maintain low load when starting work. The manufacturer has no pressure on inventory and the price is firm.

In terms of demand, the consumption of aluminum market may increase in the second half of the year, and the demand for Cryolite will increase, but the market is more resistant to the high price Cryolite, and the overall follow-up may not be much improved. In general, the supply and demand game of Cryolite market, and the price fluctuation is not large, and it is expected that the Cryolite market will consolidate in the second half of the year.