The downstream support is limited and the price of cryolite is temporarily stable (3.22-3.28)

1、 Price trend


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According to the data from the business news agency, the price of cryolite in Henan this week was stable. The average price of cryolite in Henan this weekend was 6400 yuan / ton, up 0.52% month on month and 9.71% year on year.


2、 Market analysis


This week, the domestic market of cryolite was stable, the regional manufacturers’ devices were running normally, and there was no obvious fluctuation in the external quotation. As of the 28th, the ex factory quotation of cryolite in Shandong was 5500-6800 yuan / ton, and that in Henan was 6300-6500 yuan / ton, which was stable compared with last week. According to the plant operation of manufacturers in Henan Province, the 30000 T / a plant of Zhengzhou Tianrui grain Co., Ltd. started normally, the full plant load of Jiaozuo Minli Industry Co., Ltd. and the 40000 t / a cryolite plant of Zibo Kunyu industry and Trade Co., Ltd. in Shandong Province were in normal operation, and there was no shutdown plan. At present, the cryolite market has sufficient inventory, and the downstream demand is general. If we talk about it alone, the transaction is fair.


However, the trend of aluminum electrolysis industry was slightly weakened, and the consumption price of aluminum smelter fell slightly later this week. On the upstream side, the domestic fluorite market was stable this week, and the price remained at 2750 yuan / ton within the week. At present, the supply of fluorite in the yard is normal, some mines and flotation units are shut down, and the price of fluorite may rise slightly later.


3、 Future forecast


At present, the prices of domestic cryolite manufacturers are mainly stable, the construction on site is normal, the market supply is sufficient, the support of the downstream aluminum industry is limited, and the cryolite market is temporarily stable in the later stage, with specific attention to the market demand.

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