Price Trend
According to the data of business associations, the price trend of cryolite market was stable this week. The average price of cryolite market was about 6333.33 yuan/ton in the week, down 3.41% from the same period last year.
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II. Market Analysis
Product: Cryolite prices are running smoothly this week, and there is no price adjustment for manufacturers. Up to the 12th, Zibo Kunyu Industry and Trade Cryolite quoted 6500 yuan/ton; Changshu Hongjiafu Co., Ltd. Cryolite quoted 7300 yuan/ton; Jiaozuo Minli Industrial Cryolite quoted 7000 yuan/ton; Zhengzhou Tianrui Cryolite quoted 6500 yuan/ton; Shandong Botao Group Co., Ltd. Cryolite quoted 7000 yuan/ton.
Industry chain: The domestic fluorite market price trend is rising this week. At the beginning of the week, the average domestic market price is about 312.50 yuan/ton. At the end of the week, the average domestic market price is about 3150.00 yuan/ton. Within the week, the increase is 1.20%, up 17.54% from the same period last year. Domestic fluorite prices rose slightly this week, and the start-up rate of fluorite plants did not change much, but downstream demand improved, the spot supply of fluorite was tight, and fluorite prices rose slightly due to various factors. Downstream electrolytic aluminium: This week, the price of aluminium went down, with a slight drop. At the beginning of the week, the price remained around 13780.00 yuan/ton, and at the end of the week, it was about 13736.67 yuan/ton, with a price increase of 0.31%.
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3. Future Market Forecast
Analysts of cryolite products of business associations believe that: at present, the device is running normally, the manufacturers have sufficient inventory and no pressure, the ex-factory quotation is temporarily stable, and the market of cryolite is expected to operate steadily in the later period.