Cryolite prices first fell and then rose in July

Price trend in July


Benzalkonium chloride

According to the monitoring data of the bulk list of business society, the price trend of cryolite in July fell first and then rose. On July 31, the average market price in Henan was 7650 yuan / ton, an increase of 0.66% over the price of 7600 yuan / ton at the beginning of the month, and an increase of 19.53% year-on-year.


In July, the domestic cryolite market was consolidated and operated, and the market supply and demand performance was deadlocked. Due to the shortage of raw materials and the high cost pressure of enterprises, the manufacturer’s inventory was tight, the downstream demand was stable, and the enterprise’s shipment was relatively smooth. The manufacturer quoted a small adjustment according to its own shipment situation, the overall price trend was high, and the cryolite market operated firmly. As of the 31st, the ex factory price of cryolite in Henan was 7200-8600 yuan / ton, and the range price was reduced by 100 yuan / ton month on month; The ex factory quotation in Shandong is about 8000 yuan / ton, and the actual transaction price is mainly negotiated.


Upstream and downstream market analysis


Upstream, the domestic soda ash market declined as a whole. On July 31, the average price of soda ash was 2820 yuan / ton, down 3.42% from 2920 yuan / ton at the beginning of the month. During the month, soda ash was mainly downward, and the downstream had resistance to high price sources. The enthusiasm for entering the market was general, the atmosphere of on-site trading was light, the manufacturers negotiated to ship, the market focus shifted downward, and the soda ash market was weak.


Sodium Molybdate

In the downstream aluminum market, the market trend first fell and then rose in June. On July 31, the average market price of domestic aluminum ingots in East China was 18633.33 yuan / ton, down 2.27% from the average market price of 19066.67 yuan / ton at the beginning of the month. In early July, the social inventory was removed periodically. After the price reduction, the purchasing atmosphere increased and the price stopped rising. However, at present, the downstream demand is off-season, the order is limited, and the support is insufficient. In terms of supply and demand performance, the aluminum ingot price is mainly volatile in the short term.


Aftermarket forecast


At present, the cryolite market is dominated by wait-and-see operation, the high price is strong, the supply of raw materials is tight, the support is strong, the cryolite price remains high, the downstream demand is stable, the shipment is OK, and the operator’s mentality is stable. In terms of supply and demand performance, the short-term cryolite market continues to be high and stable, and it is expected that the cryolite price may fluctuate slightly in the later period.

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