Cryolite prices are stable this week (3.1-3.7)

1、 Price trend

 

According to the data of business news agency’s block list, the price trend of cryolite market in Henan this week was stable. At the weekend, the average price of cryolite market in Henan was 6366.67 yuan / ton, up 6.65% month on month and 6.70% year on year.

 

2、 Market analysis

 

This week, the domestic price of cryolite remained stable as a whole, the regional manufacturers’ devices were operating normally, and there was no obvious fluctuation in the external quotation. As of the 5th, the ex factory quotation of cryolite in Shandong was 5500-6800 yuan / ton, and that in Henan was 5000-6500 yuan / ton, which was stable compared with last week. According to the plant operation of manufacturers in Henan Province, Zhengzhou Tianrui grain Co., Ltd. has a capacity of 30000 tons / year, about 70% of the plant has started operation, Jiaozuo Minli Industrial Co., Ltd. has a full plant load and normal operation, and Zibo Kunyu industry and Trade Co., Ltd. in Shandong Province has an annual capacity of 40000 tons of cryolite, and the plant has no shutdown plan. At present, the cryolite market has sufficient inventory, the downstream demand is general, and the transaction is fair.

 

In terms of downstream electrolytic aluminum, this week’s price trend rose first and then fell, with an overall rise of 0.35% in the week. The main aluminum futures contract rose by more than 4% in 3 days, which promoted the spot market to rise. As the downstream gradually returned to normal, the aluminum consumer demand was better, the consumer side support was strong, and the aluminum market trend was on the rise, which had a positive impact on the cryolite industry. On the upstream side, domestic fluorite prices rose slightly this week, up 0.20% in the week. At present, the supply of fluorite in the fluorite yard is tight, and the start-up of mines and flotation units remains low. In the later stage, fluorite prices may rise slightly.

 

3、 Future forecast

 

At present, the operation of domestic cryolite manufacturers is normal, the market supply is sufficient, and the demand of downstream aluminum industry is good, supported by good news. In the later stage, the market of cryolite may be slightly increased, with specific attention to the market demand.

Thiourea