Price trend

According to the price monitoring of the Business Agency, the price of cryolite in Henan Province this week was stable. On February 17, the average market price in Henan Province was 7975 yuan/ton, which was the same as the average price on February 11, with a month-on-month increase of 0.31%.

quotations analysis

This week’s cryolite market was dominated by wait-and-see, and the prices of cryolite enterprises on the market were stable. The raw materials are subject to environmental protection and safety requirements, the operating rate is low, the supply of goods is tight, the cost of coal and natural gas in fuel is high, the production cost of cryolite is high, the market price remains high, and the enthusiasm of downstream market entry is general. Cryolite enterprises ship as required, and their attitude to the market is stable. By February 17, the ex-factory price of cryolite in Shandong is 7000-8600 yuan/ton, and the ex-factory price of cryolite in Henan is 7200-8800 yuan/ton.

The price trend of fluorite in the upstream has declined. As of February 17, the average market price was about 3050 yuan/ton, a decrease of 2.40% compared with the price of 3125 yuan/ton on February 11. After the holiday, fluorite enterprises began to work gradually, the supply side operating rate rose, and the supply of fluorite increased, but the follow-up of downstream demand was limited, the purchase sentiment in the market was not high, the market orders were few, the factory and enterprise had a poor delivery, and the price of fluorite declined.

This week, the downstream aluminum market fluctuated and fell. On February 17, the aluminum price was around 18473 yuan/ton, down 0.59% from the price of 18583 yuan/ton on February 11. The terminal construction is general, the downstream consumption is weak, the order follow-up in the market is insufficient, the market atmosphere is light, and the aluminum price is weak.

Aftermarket forecast

The cryolite market started normally, the supply of goods was stable, and the raw materials started relatively low due to environmental protection and safety requirements. The support for cryolite was good, and the demand was followed up as needed. The enterprise shipments were stable, and the market supply and demand were relatively balanced. It is expected that the short-term cryolite market will maintain stable operation.