Price Trend
According to the data of business associations, the price trend of cryolite market was stable this week, and the average price of cryolite market was stable at about 6333.33 yuan/ton in the week, down 4.45% from the same period last year.
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II. Market Analysis
Product: Cryolite prices are running smoothly this week, and there is no price adjustment for manufacturers. Up to the 12th, Zibo Kunyu Industry and Trade Cryolite quoted 6500 yuan/ton; Changshu Hongjiafu Co., Ltd. Cryolite quoted 7300 yuan/ton; Jiaozuo Minli Industrial Cryolite quoted 7000 yuan/ton; Zhengzhou Tianrui Cryolite quoted 6500 yuan/ton; Shandong Botao Group Co., Ltd. Cryolite quoted 7000 yuan/ton.
Industry chain: The domestic fluorite market price trend is stable this week. The average domestic market price is about 3150 yuan/ton in the week, up 16.88% year-on-year. This week, domestic fluorite price trend is temporarily stable, the start-up rate of fluorite plant has not changed much, but the downstream demand is normal, the spot supply of fluorite is general, affected by many factors, fluorite price trend is stable. Downstream Electrolytic Aluminum: Aluminum prices continued to rise this week. Prices at the beginning of the week remained around 13823.33 yuan/ton, and at the end of the week they were about 13940.00 yuan/ton, with a 0.84% rise.
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3. Future Market Forecast
Analysts of cryolite products of business associations believe that: at present, the device is running normally, the manufacturers have sufficient inventory and no pressure, the ex-factory quotation is temporarily stable, and the market of cryolite is expected to operate steadily in the later period.
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