1、 Price trend

According to the data of the business club’s block list, the price trend of cryolite in Henan this week was stable. The average price of cryolite in Henan at the weekend was 6425 yuan / ton, which was the same as that at the end of last week, with a year-on-year increase of 14.73%.

2、 Market analysis

This week, the market of cryolite was stable temporarily. The cryolite plants of domestic manufacturers were running normally and started smoothly. As of 25th, the ex factory price of cryolite in Shandong was 6000-6500 yuan / ton, and that in Henan was 6300-6800 yuan / ton. The price of cryolite in Shandong was stable temporarily. At present, the price of cryolite is on the high side, the market supply is tight, and the enterprises reflect that the production capacity is low and the raw materials are tight, so there is no possibility of reducing the price of cryolite in the short term. The specific trend is to wait and see the upstream and downstream situation.

In terms of electrolytic aluminum, the price trend went up this week, with an increase of 2.18% in the week. The domestic aluminum social inventory was relatively low. The vigorous development of photovoltaic, new energy vehicles and other industries promoted the growth of aluminum demand. The downstream demand side consumption was strong, the aluminum social inventory continued to decline, the aluminum spot market went out obviously, and the later aluminum market trend may continue to rise.

3、 Future forecast

At present, the domestic manufacturers of cryolite have a stable start-up, and the quotation of enterprises is relatively high. Because the downstream demand is stable and the traffic and investment are stable, most manufacturers have a wait-and-see mentality, and the quotation of cryolite is stable in the short term. It is expected that the cryolite market will wait-and-see in the later period, and pay more attention to the downstream demand.