1、 Price trend

According to the data of the business club’s large scale list, the market price of cryolite this week was stable. The average market price in Henan Province was 5600.00 yuan / ton in the week, which was flat compared with the price at the end of last week, down 12.04% compared with last year. On June 21, the cryolite commodity index was 68.02, unchanged from yesterday, down 32.79% from 101.21 (2011-10-31), the highest point in the cycle, and up 2.52% from 66.35, the lowest point on September 5, 2016. (Note: cycle refers to 2011-09-01 to now).

2、 Market analysis

The domestic price of cryolite is stable this week. As of the 19th, the price of cryolite in Shandong Province is about 5000-6800 yuan / ton, while that in Henan Province is 4800-6000 yuan / ton. Cryolite enterprises in Henan Province follow the trend of the market, and their quotations are mostly stable. The manufacturers start normal operation of their devices, have sufficient inventory, and mainly sell them according to the orders. At present, about 70% of Zhengzhou Tianrui grain Co., Ltd. has started construction, with more downstream demand and acceptable inventory; Jiaozuo Minli Industrial Co., Ltd. has a full unit load, normal operation and sufficient supply.

In terms of upstream fluorite, the price trend this week was temporarily stable. The average price of domestic market at the weekend was 2744.44 yuan / ton, which was stable compared with that at the weekend last year. At present, the domestic fluorite manufacturers operate stably, the supply of goods in the field is normal, the stock in the field is acceptable, the downstream users purchase on demand, and the goods are in general condition. Recently, the enterprises reflect that the downstream inquiry has increased, and the market price of fluorite is expected to increase slightly. In the aspect of downstream electrolytic aluminum, under the high pressure of raw material cost, electrolytic aluminum enterprises overhaul ahead of time and take the initiative to reduce production suspension, which may cause short-term shortage of supply and demand.

3、 Future forecast

According to the cryolite analysts of the business association, in terms of the supply and demand performance of the cryolite market at present, the manufacturers are operating normally with sufficient inventory, but the downstream demand is flat, and the enterprises mostly sell on a single basis. It is expected that the cryolite market will operate stably in the short term, with specific attention to the market demand.