1、 Price trend

According to the data from the business club’s block list, the price trend of cryolite in Henan this week was temporarily stable. The average price of cryolite in Henan this week was 5975 yuan / ton, which was stable within the week, up 1.27% compared with the same period last year.

2、 Market analysis

The price of cryolite in China was stable this week. The manufacturers in Henan started work normally, the storage capacity was sufficient, and the quotation was stable within the week. As of the 29th, the factory quotation of cryolite in Shandong was 5500-6800 yuan / ton, and the factory quotation of cryolite in Henan was 5000-6200 yuan / ton, unchanged from last week. According to the plant operation of manufacturers in Henan Province, Zhengzhou Tianrui grain Co., Ltd. has a capacity of 30000 tons / year, about 70% of the plant has started operation, Jiaozuo Minli Industrial Co., Ltd. has a full plant load and normal operation, and Zibo Kunyu industry and Trade Co., Ltd. has an annual capacity of 40000 tons of cryolite plant, which has no shutdown plan. At present, the cryolite market has sufficient inventory, and the downstream demand is general. Once the enterprise talks about selling the cryolite, the transaction is acceptable.

On the upstream side, the domestic fluorite market rose slightly this week, with a price increase of 0.41% in the week. At present, the supply of fluorite in the yard is tight, and the downstream demand is fair. Due to the weather in the north, some domestic fluorite enterprises shut down, and the favorable impact of the rising downstream market, the fluorite price rose. In terms of downstream electrolytic aluminum, this week’s price trend continued to decline, with a decline of 0.91%. At present, the electrolytic aluminum market is weak. As the holiday approaches, the downstream demand is reduced, and the aluminum consumption enters the off-season. Some aluminum manufacturers have a holiday ahead of time. It is expected that the market will be weak in the future.

3、 Future forecast

At present, the domestic manufacturers of cryolite start work normally, the market supply is sufficient, the downstream demand is general, the transaction of manufacturers is less, and the downstream lacks effective support. As the holidays are approaching, some manufacturers have holidays ahead of time and the impact of logistics, the market of cryolite is temporarily stable in the later stage, and the specific attention is paid to the market demand.