Price trend

According to the price monitoring of the Business Agency, the price trend of cryolite in Henan continued to be stable this week. On January 13, the average market price in Henan was 7950 yuan/ton. Compared with the average price at the beginning of the month, the price remained unchanged, and remained unchanged from the previous month.

quotations analysis

This week, the cryolite market was at a high level. The enterprise’s quotation was firm, the upstream construction was low, the supply of goods was tight, the raw material support was strong, and the fuel costs of coal, natural gas and other fuels were superimposed. The production cost of cryolite enterprises was high, the enterprise’s inventory was not low, and the downstream market purchase was followed up as needed. The cryolite enterprise’s shipment was OK, and the cryolite market was operating at a stable price. As of January 13, the ex-factory quotation of cryolite in Shandong was 7900-8600 yuan/ton, The ex-factory price of cryolite in Henan is 7500-9300 yuan/ton.

The price of fluorite in the upstream has a stable trend. As of January 13, the average market price is about 3175 yuan/ton, which is the same as the price of 3175 yuan/ton at the beginning of the week. The operating rate at the supply side has declined. The mining plant is still under pressure due to safety and environmental protection requirements. The fluorite mine is under-started, but the demand at the downstream side is low. As the annual holiday approaches, the on-site trading has weakened. The fluorite manufacturer maintains the price of the early order, and the trend is temporarily stable.

The downstream aluminum market rose sharply this week. The aluminum price was around 18483.33 yuan/ton on January 13, up 4.39% from 17706.67 yuan/ton at the end of last week. Near the Spring Festival holiday, the enthusiasm of preparing goods before the festival in the downstream increased, the demand follow-up was strong, the atmosphere of intra-field trading was good, and the aluminum price was strong and upward.

Aftermarket forecast

At present, the supply and demand performance of cryolite market is relatively balanced, the intention of downstream stock preparation is weak before the festival, the purchase in the market continues to follow up as needed, the market trading atmosphere is fair, the manufacturers are wait-and-see, the price is stable, the market lacks information guidance, and the short-term cryolite market is expected to remain high and stable.