Price trend

According to the price monitoring of the business agency, the price trend of cryolite in Henan was stable this week. On May 27, the average market price in Henan was 7600 yuan / ton, which was flat compared with the price at the beginning of the week, with a month on month decrease of 0.65%.

quotations analysis

This week, the cryolite market is mainly on the sidelines. The quotations of the main enterprises in Henan remain unchanged throughout the week. At present, the raw material prices are high, the superimposed coal and natural gas fuel costs are high, and the manufacturers’ production costs are under great pressure. Most enterprises’ cryolite devices operate at low load, with less output and inventory. The market quotation is high, the downstream procurement demand is stable, and the enterprise shipments are smooth. In general, the market supply and demand are relatively balanced, The operators hold a wait-and-see attitude towards the market. As of May 27, the ex factory quotation of cryolite in Shandong was 8000 yuan / ton, and that in Henan was 7000-8600 yuan / ton, with the interval price unchanged.

The upstream soda ash rose at a high level. As of May 27, the average market price was about 2850 yuan / ton, and the price rose by 2.15% in the week. The soda ash market was running steadily this week. Downstream purchases were mainly on demand, and the manufacturers were resistant to high priced soda ash. The manufacturers delivered flexibly, and the overall trading was stable. In the future, the downstream demand was specifically concerned.

Downstream, the aluminum market was weak and downward this week. On May 27, the aluminum price was about 20503.33 yuan / ton, down 1.65% during the week. In the off-season of the terminal industry, the downstream demand is general, the social inventory of aluminum is accumulated, and there are few good news in the market. The aluminum market is down. In the short term, the market is still weak.

Aftermarket forecast

The cost of domestic cryolite manufacturers is high. Cryolite devices are mainly operated at low load. The market supply is tight, the downstream purchase demand is stable, the market trading atmosphere is mild, and the operators’ mentality is optimistic, which supports the high level of cryolite market. It is expected that the trend of cryolite will continue to operate at a high level in the future.