The price trend of cryolite is temporarily stable this week (8.14-8.20)

1、 Price trend

Gamma Polyglutamic Acid

According to the bulk list data of business society, the price of cryolite in Henan remained stable this week. On August 20, the average market price in Henan was 6425 yuan / ton, an increase of 0.39% compared with the quotation of 6400 yuan / ton on August 1.

2、 Market analysis

This week’s cryolite market is mainly wait-and-see. The enterprise starts normally, and the quotation within the week remains stable. The production capacity of individual enterprises is low, the raw materials are tight, and the quotation of cryolite is high. As of the 20th, the ex factory quotation of cryolite in Shandong is 6300-6500 yuan / ton, and the price within the week remains stable; The ex factory quotation of cryolite in Henan is 6300-6600 yuan / ton, and the price is temporarily stable. Domestic cryolite enterprises operate normally in terms of devices, start work stably, the enterprise inventory is OK, and the market supply is tight. At present, cryolite prices are strong, mainly through actual negotiation, the transaction price is low, and the shipment is stable.

In terms of electrolytic aluminum, the market trend fluctuated this week. The price rose first and then fell during the week, with an overall increase of 0.0.30%. The aluminum industry is in the off-season, the demand is general, the social inventory is low, which forms support for aluminum, the market game forms a steady-state shock, and the price range fluctuates at a high level. From the performance of supply and demand, the aluminum market trend continues to fluctuate slightly in the later stage.

3、 Future forecast

The cryolite market operates stably, the enterprise quotation is high and strong, and the downstream demand is stable. At present, there is no other news released in the market. The manufacturer’s mentality is mainly wait-and-see, the shipment is stable, and the short-term cryolite price is strong. It is expected to wait-and-see and sort out the cryolite market in the later stage, and pay specific attention to the downstream demand.

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