Price trend

According to the price monitoring of the Business Agency, the price trend of cryolite in Henan Province was stable this week. The average market price in Henan Province was 7975 yuan/ton on February 3, which was the same as the average price on January 28, with an increase of 0.31% from the beginning of the month.

quotations analysis

This week’s cryolite market is on the sidelines. In addition to a small increase in the price of individual manufacturers after the Spring Festival holiday, other enterprises’ quotations are stable, the upstream is subject to environmental protection, safety and other factors, the start of construction continues to be low, the supply of goods is tight, and the support for raw materials is strong. At the same time, the fuel cost of coal and natural gas is high, the production cost of cryolite is high, the price of cryolite continues to be high and firm, and the downstream side follows up on demand, The shipment of cryolite enterprises is acceptable. As of February 3, the ex-factory price of cryolite in Shandong was 7000-8600 yuan/ton, and the ex-factory price of cryolite in Henan was 7200-8800 yuan/ton.

The price trend of fluorite in the upstream decreased slightly. As of February 3, the average market price was about 3150 yuan/ton, a drop of 0.38% compared with the price of 3162 yuan/ton on January 28. There was little change in the supply side of the construction. The construction of mining equipment was tight due to safety and environmental protection requirements, and the construction of fluorite mines was insufficient. However, the downstream demand followed up slowly after the holiday, the on-site purchase order was not active, and the manufacturer negotiated shipment, and the price of fluorite fell slightly.

This week, the downstream aluminum market fluctuated. The aluminum price was around 18943 yuan/ton on January 13, down 0.26% from 18993 yuan/ton on January 28. After the festival, the enthusiasm of the downstream to take goods is weak, the demand follow-up is general, the intra-field trading is less than expected, and the aluminum price is weak.

Aftermarket forecast

At present, the cost support of cryolite market is strong, the cryolite manufacturers have no pressure on inventory, the price remains high, the demand side follows up as required, the enterprise shipment is OK, the market news is quiet, and the short-term cryolite market is expected to operate steadily.