According to the commodity market analysis system of Shengyishe, the price of cryolite in Henan remained stable this week. On February 26th, the average market price in Henan was 7625 yuan/ton, which is the same as the average price of 7625 yuan/ton on February 19th, and remains unchanged from the beginning of the month.

This week, the ice crystal market has been operating steadily, and enterprise prices have remained unchanged. The price trend of upstream raw materials is temporarily stable, providing stable support for the cryolite market. However, the difficulty of starting production in upstream fluorite mines has increased, and spot prices continue to be tight. The overall price is still at a relatively high level in the fluorite industry, and there is still some pressure on the cost of cryolite. Most cryolite manufacturers have firm quotes, while downstream market purchases follow up as needed. The market mentality is cautious, and the cryolite market is watching and operating. As of February 26th, the ex factory quotation for cryolite in Shandong region is 7000-8600 yuan/ton; The ex factory quotation for cryolite in Henan region is between 7200-8200 yuan/ton, with a price reduction of 500 yuan/ton within the range.

The upstream fluorite market remained stable, with an average market price of 3343.75 yuan/ton on February 26, which is unchanged from the price of 3343.75 yuan/ton on February 19. After the holiday, the game situation in the domestic fluorite industry still exists, and overall, the operating rate of enterprises remains low. In addition, fluorite mining enterprises are facing increasingly strict safety and environmental requirements, and some mines are conducting safety hazard inspections. The difficulty of operating fluorite mines has increased, while downstream procurement enthusiasm is not high. Follow up on demand when entering the market. Under the supply-demand game, the price trend of fluorite is mainly stable.

Market forecast: Ice crystal raw materials are tight, cost support still exists, and enterprise quotations are mainly strong. Downstream parties have resistance to high prices, and purchasing in the market follows up as needed. There is a certain sales pressure in the ice crystal market, and ice crystal manufacturers are hesitant. Under the influence of comprehensive cost pressure, the short-term ice crystal market may consolidate and operate. In the future, attention will be paid to upstream price changes and downstream follow-up.