Price Trend

According to the data of business associations, the market price of cryolite dropped this week. At the beginning of the week, the average market price was about 6366.67 yuan/ton. At the end of the week, the average market price was about 6200.00 yuan/ton. Within the week, the market price fell by 2.62%, down by 5.45% compared with the same period last year.

II. Market Analysis

Products: Cryolite prices fluctuated slightly this week, manufacturers generally price adjustment. As of the 14th, Zibo Kunyu Industry and Trade Cryolite quoted 6500 yuan/ton; Changshu Hongjiafu Co., Ltd. Cryolite quoted 7300 yuan/ton, up 100 yuan/ton; Jiaozuo Civilian Benefit Industrial Cryolite quoted 7000 yuan/ton; Zhengzhou Tianrui Cryolite quoted 6000 yuan/ton, down 500 yuan/ton; Shandong Botao Group Co., Ltd. Cryolite price 7000 yuan/ton, down 200 yuan/ton.

Industry chain: The domestic fluorite market price trend continued to rise this week. The weekend price was 3006.25 yuan/ton, which was 2 981.25 yuan/ton compared with the beginning of the week. It rose 0.84% in the week and 23.21% year-on-year. Domestic fluorite prices rose slightly this week, with the onset of construction on the site at a normal level, and demand in the downstream has improved recently. However, the onsite spot reflects a relatively tight situation. Influenced by various factors, fluorite prices rose slightly. Downstream electrolytic aluminium: This week, the trend of aluminium price is M-shaped slightly lower. At the beginning of the week, the price remained around 14033.33 yuan/ton, and at the end of the week, it was about 13990.00 yuan/ton. The price was down by 0.31%.

3. Future Market Forecast

Analysts of the cryolite industry of Business Society Chemical Branch believe that the price of fluorite in the upper reaches of cryolite has increased slightly, while the price of aluminium in the lower reaches has decreased slightly, and the market of cryolite is expected to reorganize and operate in the later period.