Price trend
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According to the bulk list data of business society, the price trend of cryolite in Henan increased slightly this week. On November 26, the average market price in Henan was 7200.00 yuan / ton. Compared with the price on November 20, the price increased by 0.70% during the week and 2.86% month on month.
quotations analysis
The domestic cryolite market continued to be strong. The manufacturers reported that the supply of raw materials was tight, the price was high, and the production cost of cryolite was high. The enterprise quotation was increased. As of November 26, the ex factory quotation of cryolite in Shandong was 7000-7600 yuan / ton, and the ex factory quotation of cryolite in Henan was 6700-8600 yuan / ton. Domestic cryolite enterprises operate normally with low inventory, maintain negotiation and shipment, the market supply is tight, and the operators wait and see.
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The strong cryolite market is mainly affected by the upstream. This week’s soda ash market is weak and downward, the price fell by 2.81% during the week, the price is still high, the enterprise inventory has increased compared with last week, the market trading is general, and the raw materials are tight, supporting the high-level operation of cryolite market.
In the downstream, the aluminum market fluctuated and rose. On November 26, the aluminum price was 19233.33 yuan / ton, an overall increase of 3.67% compared with the price of 18553.33 yuan / ton at the end of last week. In the short term, due to the good news of real estate, the price moved down more in the early stage, and the market expectation has improved. However, the actual demand is still relatively general, and the social inventory continues to accumulate, The market is expected to stabilize in the short term.
Future forecast
The domestic cryolite market is running strongly, and the shortage of raw materials makes the enterprise price remain high. The on-site operators are mainly on the sidelines. The short-term cryolite trend is high and strong, and pay attention to the upstream raw materials.
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