Price Trend
According to the data from the business associations’list, the market price of cryolite was stable this week, with an average price of 6433.33 yuan/ton. The price fluctuated little, down 3.98% from the same period last year.
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II. Market Analysis
Products: Cryolite prices are basically stable this week, and manufacturers have little intention to adjust prices. As of the 19th, Zibo Kunyu Industry and Trade Cryolite quoted 6500 yuan/ton, Changshu Hongjia Fluorine Co., Ltd. 7200 yuan/ton, Jiaozuo Civilian Benefit Industrial Cryolite quoted 7000 yuan/ton, Zhengzhou Tianrui Cryolite quoted 6500 yuan/ton, Zhengzhou Zerun Energy Chemical Cryolite quoted 5800 yuan/ton.
| Thiourea dioxide |
Industry Chain: The domestic fluorite market price declined this week. The weekend price was 2825 yuan/ton, down 0.35% from 2835 yuan/ton at the beginning of the week and up 3.48% from the same period last year. Domestic fluorite prices remained volatile this week, fluorite farms began to operate at normal levels, fluorite flotation units in Hebei Province recently restarted, fluorite supply increased, affected by various factors, fluorite prices slightly lower. Downstream Electrolytic Aluminum: Aluminum prices continued to rise this week, with prices remaining at 13843.33 yuan/ton at the beginning of the week and 14070.00 yuan/ton at the end of the week, with prices rising by 1.64%.
3. Future Market Forecast
Analysts of the cryolite industry of the Business Society Chemical Branch believe that the price of fluorite in the upstream declines and the price of aluminium in the downstream rises concussively. The cryolite market is expected to run smoothly.
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