Market price trend of cryolite decreased on March 24

On March 24, the cryolite commodity index was 70.85, down 0.81 points from yesterday, down 30.00% from 101.21 (2011-10-31), and up 6.78% from 66.35, the lowest point on September 5, 2016. (Note: cycle refers to 2011-09-01 to now)

 

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According to the data of the business club’s bulk list, the average market price of cryolite in Henan Province on the 24th was 5833.33 yuan / ton, and the current market price trend of cryolite is down. The upstream fluorite price trend is slightly stable temporarily. At present, the average price in the domestic market is 3400 yuan / ton. In the near future, the operation rate of domestic fluorite plant is relatively low, and there is less resumption of construction of in-situ mines and flotation plants, and the supply of fluorite is still in short supply. In the downstream aluminum industry, the recent increase in the processing cost of aluminum bars has stimulated the downstream production and partially supported the aluminum price. The domestic production of electrolytic aluminum continued to grow, the downstream production of aluminum declined year on year, the electrolytic aluminum inventory continued to increase, and the pressure on aluminum price was greater.

 

According to the cryolite product analyst of the business association, cryolite enterprises are operating normally with sufficient inventory, and the quotation of manufacturers is mainly stable. Environmental protection policies still play an important role. The cryolite market is in order and operation, with specific attention to market demand.

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