Price trend

According to the price monitoring of the business agency, the price trend of cryolite in Henan this week decreased slightly. On August 14, the average market price in Henan was 7625 yuan / ton, down 25 yuan / ton compared with the price at the beginning of the week, down 0.33% month on month.

quotations analysis

This week, the cryolite market is waiting to be sorted out and operated. The cryolite quotation is still high, the raw material supply is tight, the fuel cost of enterprise production and processing is high, the manufacturer’s production cost is large, the cryolite device is mostly operated at low load, the enterprise’s inventory is tight, the downstream demand is stable, and the cryolite market is supported to operate firmly. The attitude of the industry is mainly waiting. During the week, individual manufacturers adjusted their prices according to their own shipment conditions. As of August 14, the ex factory price of cryolite in Shandong was 8000 yuan / ton, and the ex factory price of cryolite in Henan was 7200-8600 yuan / ton, which was the same as last week.

As of August 14, the average market price of soda ash in the upstream was about 2690 yuan / ton, and the price at the beginning of the week was 2700 yuan / ton, with a decrease of 0.37% in the week. The downstream demand was general, the purchase in the market was rational, the trading atmosphere in the market was weak, the downstream support was limited, the market center of gravity moved downward, and the soda ash market was consolidated.

The downstream aluminum market continued to fluctuate, and the price trend rose first and then fell. On August 14, the aluminum price was about 18686 yuan / ton, with an overall increase of 1.50% in the week. The macro factors dominated the price trend of aluminum price in the early stage. As the price gradually approached the cost side, the fundamental factors began to rise. However, the social inventory began to accumulate, which suppressed the rise of aluminum price to a certain extent. The market performance was strong supply and weak demand. In the future, the aluminum market fluctuated and operated.

Future forecast

There is a strong wait-and-see mood in the domestic cryolite market. Most of the manufacturers’ quotations are stable at high levels, the on-site inventory is tight, the downstream demand is stable, the cryolite market is running at a high level, and it is difficult to improve the shortage of raw materials in a short time. It is expected that the cryolite market will continue to be high and strong in the future.