Price trend

According to the price monitoring of business agency, the price trend of cryolite in Henan this week was stable. On July 22, the average market price in Henan was 7650 yuan / ton, which was flat compared with the quotation at the beginning of the week, and the price increased by 0.66% month on month.

quotations analysis

The cryolite market remained stable at a high level this week, and the quotations of major enterprises in Henan Province operated smoothly according to their own shipments. At present, the main factors affecting prices are still raw materials. The supply of goods is tight, the price is high, and the superimposed market coal and gas prices are high. Cryolite enterprise manufacturers have great production pressure, enterprise inventories are tight, cryolite prices remain high, downstream demand is stable, and enterprise shipments are relatively smooth, The operator’s mentality is to wait and see. As of July 22, the ex factory quotation of cryolite in Shandong was 8000 yuan / ton, and the ex factory quotation of cryolite in Henan was 7200-8600 yuan / ton, and the range price was temporarily stable.

The upstream soda ash is weak in operation. As of July 22, the average market price was about 2870 yuan / ton. The price fell slightly during the week, down 0.70% from last weekend. The downstream wait-and-see mentality is dominated, and there is still resistance to high prices. The demand is weak, the enthusiasm to enter the market is not high, the manufacturers negotiate to ship, the market trading atmosphere is weak, and the soda ash price fluctuates slightly downward.

On the downstream side, the aluminum market improved this week. On July 22, the aluminum price was about 18000 yuan / ton, up 3.24% during the week. During the week, domestic aluminum ingots and rods were still removed from the warehouse, but the extent of removal slowed down. At present, the total domestic inventory is still lower than that of the same period last year. The domestic aluminum inventory pressure is not large, the market supply and demand performance is deadlocked, and the aluminum market is volatile.

Aftermarket forecast

Domestic cryolite manufacturers have great production pressure, raw material shortage and high fuel costs, which support the high operation of cryolite prices. The short-term downstream demand is stable, and the manufacturer’s shipment is OK. There is no other news released on the floor. From the perspective of supply and demand performance, the short-term cryolite market continues to operate at a high level.