1、 Price trend

According to the data of business news agency’s block list, the price trend of cryolite in Henan continued to be stable this week. The average price of cryolite in Henan was 6425 yuan / ton at the weekend, which was flat compared with that at the end of last week, with a month on month increase of 0.39%.

2、 Market analysis

This week, the domestic market of cryolite is temporarily stable, the regional manufacturers’ devices are running normally, and the external quotation is stable. As of the 28th, the ex factory quotation of cryolite in Shandong is 6000-6500 yuan / ton, and that in Henan is 6300-6800 yuan / ton, which is stable compared with last week. According to the plant operation of manufacturers in Henan Province, the 30000 T / a plant of Zhengzhou Tianrui grain Co., Ltd. started normally, and the whole plant load of Jiaozuo Minli Industrial Co., Ltd; The annual capacity of cryolite plant of Shandong Zibo Kunyu industry and Trade Co., Ltd. is 40000 tons. The plant is in normal operation, and there is no shutdown plan for the time being. Cryolite enterprises started smoothly, with sufficient inventory, general downstream demand and fair transaction. The actual price was mainly discussed through negotiation.

In terms of downstream electrolytic aluminum, the price trend fluctuated and went up this week, with an increase of 2.54%. The domestic aluminum social inventory was relatively low, the downstream demand side consumption was strong, and the aluminum social inventory continued to decline. With China’s aluminum industry speeding up the implementation of the carbon peak target, the terminal demand was expected to be better, the aluminum spot market went down obviously, and the aluminum market continued to go up in the later period.

On the upstream side, the domestic fluorite market was weak and stable this week, and the average domestic production price remained at 2622.22 yuan / ton. At present, the mine and flotation unit in the fluorite yard started to work normally, and the supply of goods in the yard increased. However, the downstream delivery situation was general, and the demand for fluorite was lack of effective support.

3、 Future forecast

At present, the domestic manufacturers of cryolite have stable equipment start-up and sufficient market supply. The downstream aluminum industry has strong consumption, but the support for cryolite industry is not strong. Most of the enterprises hold a wait-and-see attitude and operate in a light and stable manner. It is expected that the cryolite market will continue to be stable in the later period, focusing on the downstream demand.