The cryolite market price has been sorted upward this week (4.16-4.22)

Price trend

 

According to the price monitoring of business agency, the price trend of cryolite in Henan increased slightly this week. On April 22, the average market price in Henan was 7650 yuan / ton, up 175 yuan / ton from 7475 yuan / ton last weekend, an increase of 2.34%, and the price increased by 2.34% month on month.

 

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quotations analysis

 

The domestic cryolite market was sorted upward. The quotation of main enterprises in Henan Province was mainly increased during the week. The quotation of individual enterprises was temporarily stable according to their shipment conditions. At present, the logistics transportation was blocked and the on-site freight increased. The production cost pressure of cryolite manufacturers was high, the operating rate of enterprises was reduced, the stock of storage was small, and the downstream demand was followed up steadily. The operators waited and waited for sorting, and the quotation of cryolite market was increased. As of April 22, the ex factory quotation of cryolite in Shandong is 7000-7600 yuan / ton, and that in Henan is 7000-8600 yuan / ton. The price will be increased by 100-300 yuan / ton within the week.

 

The upstream soda ash is temporarily stable and wait-and-see. As of April 22, the average market price is about 2616.50 yuan / ton. This week, the soda ash price is stable, the market situation is large, stable and small, and the downstream needs to be purchased. The market trading atmosphere is general, the manufacturers ship flexibly, and the market transaction price changes little.

 

Downstream, the aluminum market fluctuated and decreased this week. On April 22, the aluminum price was 21810 yuan / ton, down 4.09% from the beginning of the month. Affected by public health events, logistics and transportation are blocked, enterprises have difficulties in shipping, weekly outbound volume is reduced, aluminum social inventory is accumulated, and the aluminum market continues to decline.

 

Future forecast

 

Domestic cryolite manufacturers have high production costs, low enterprise output, tight market supply, high freight in logistics, stable and good downstream demand and strong high cryolite quotation. It is expected that the cryolite market will continue to be sorted out at a high level, and pay specific attention to the downstream demand.

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