Cryolite prices remained stable this week (4.6-4.10)

1、 Price trend

 

According to the data of the bulk list of business agencies, the market price of cryolite this week was weak and stable. The average market price in Henan Province was 5833.33 yuan / ton in the week, which was stable compared with the price at the end of last week, down 9.33% compared with last year. On April 9, the cryolite commodity index was 70.85, the same as yesterday, 30.00% lower than 101.21 (2011-10-31), the highest point in the cycle, and 6.78% higher than 66.35, the lowest point on September 5, 2016. (Note: cycle refers to 2011-09-01 to now)

 

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2、 Market analysis

 

Products: according to statistics, the price trend of cryolite is stable. As of the 10th, the ex factory quotation of cryolite in Shandong is about 6000-6950 yuan / ton; the ex factory quotation of cryolite in Henan is 4800-6700 yuan / ton. At present, the operation of cryolite manufacturer’s devices is normal, the supply of enterprises is sufficient, and the transaction is fair. This week, the price quoted by the manufacturers is mainly stable, and the enterprises sell according to the order. Affected by the environmental protection policy, the upstream raw materials are in short supply, the downstream users purchase on demand, and the market situation of cryolite is weak and stable.

 

Industry chain: the upstream fluorite price trend continued to fall this week, with the average domestic market price on Friday at 3000 yuan / ton, down 4.93% in the week. In recent years, the operation rate of fluorite plant in China has increased. The mine and flotation plant in the site have been resumed gradually. The supply of fluorite has increased, the supply of downstream goods is sufficient, and the market price of fluorite has declined. In the downstream aluminum industry, the demand weakened due to the impact of health events and the weak operation of the market. This week, the aluminum price trend fluctuated upward. The average market price at the weekend was 11750 yuan / ton, with an overall increase of 1.18% in the week, and the overall price did not change much in the week.

 

3、 Future forecast

 

According to the cryolite product analyst of the business association, the market price of cryolite is weak and stable at present. From the perspective of supply and demand performance, the manufacturer starts normally, has sufficient inventory, purchases on demand in the downstream, and the manufacturer’s quotation is not adjusted much. In the later stage, the cryolite market may maintain weak and stable operation, with specific attention to market demand.

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