In July, the price of cryolite was stable and upward

1、 Price trend

According to the data from the business club’s bulk list, the price trend of cryolite market in July was stable and upward. The average market price at the end of the month was about 5833.33 yuan / ton, up 2.94% in the month compared with 5666.67 yuan / ton at the beginning of the month, and 7.89% lower than the same period last year.

2、 Market analysis

This month, the cryolite market is running steadily. The manufacturers start normal equipment, and the inventory is fair. The downstream demand is stable. The manufacturers sell according to the order, and the market is stable. At present, the price of cryolite in Henan Province is increased by 300 yuan / ton, and the ex factory price is 5300-6000 yuan / ton. The price of cryolite in Shandong Province is temporarily stable, and the ex factory quotation is 5000-6800 yuan / ton. The actual transaction price is flexible and mainly through negotiation.

On the upstream side, the price trend of domestic fluorite market decreased slightly. At the end of the month, the average price of domestic fluorite was 2800 yuan / ton, a slight decrease of 0.4% compared with 2811.11 yuan / ton at the beginning of the month. At present, the domestic fluorite manufacturers are operating stably, the supply is normal, and the downstream demand is weak. They mainly purchase on demand, and the situation of fluorite in the yard is general. It is expected that the fluorite market will be weak in the future, and the specific market demand will be watched. In terms of downstream electrolytic aluminum, the increase of terminal downstream consumption in the second half of the year may lead to a warmer demand for electrolytic aluminum. The new production capacity of electrolytic aluminum in Yunnan, Inner Mongolia and other places is also expected to be large. It is expected that the operation will be stronger in the later stage, which will bring benefits to the cryolite market demand.

3、 Future forecast

Cryolite product analysts of business agency believe that: at present, cryolite enterprises are operating normally, manufacturers’ inventory is acceptable, and downstream demand is gradually rising. It is expected that the cryolite market will be stable and upward in the future.