Cryolite market weak this week (12.9-12.13)

I. price trend

 

According to the data of the business club’s large scale list, the market price trend of cryolite in this week is down. The average market price at the beginning of the week is about 6100.00 yuan / ton, and the average market price at the end of the week is about 5900.00 yuan / ton. The price is down 200 yuan / ton, down 3.28%, 8.29% year-on-year.

 

PVA 1788 (PVA BP17)

II. Market analysis

 

Product: this week, the price trend of cryolite fell. Cryolite enterprises had sufficient inventory and fair transactions. The quotation of manufacturers in Henan Province was mainly stable, and the quotation of individual enterprises was reduced. The main reason is that the market competition pressure of enterprises is great, and the price of purchasers is low, and they tend to purchase at low prices. As of the 13th, the price of cryolite in Shandong Province has been temporarily stable, with the ex factory quotation of 6500-6950 yuan / ton; the ex factory quotation of cryolite in Henan Province has been lowered, with the market price of 4800-6500 yuan / ton. At present, the price of cryolite of Zhengzhou Zerun Energy Chemical Co., Ltd. is 4800 yuan / ton; that of Jiaozuo Minli industry is 6500 yuan / ton; that of Zhengzhou Tianrui crystal technology is 6400 yuan / ton.

 

Industry chain: the price trend of fluorite in the upstream of cryolite is stable this week. The average price of domestic market at the weekend is about 2883.33 yuan / ton, which is flat compared with the beginning of the week. In recent years, the price trend of fluorite in China has been fluctuating, with little change in price. The market for goods in the market is general, and the downstream is purchased on demand. The spot supply of fluorite is normal. In the downstream aluminum industry, the aluminum price this week shows the trend of “roller coaster”. The average market price at the beginning of the week is 14080.00 yuan / ton, and at the end of the week is 14023.33 yuan / ton, down 156.67 yuan / ton. The price in the week is down 0.40%, and the overall price has little change. Since the start of heating in winter, due to the production policy of environmental protection industry, the aluminum output may be reduced, and the upstream cryolite industry will also be affected.

 

PVA 1799 (PVA BF17)

III. future forecast

 

According to the cryolite product analyst of the business association, at present, the quotation of cryolite market is multi-dimensional and stable, the manufacturer’s devices are in normal operation, the inventory is sufficient, and the shipment is acceptable. When the supply exceeds the demand, the enterprise’s competitive pressure is obvious, and the downstream purchase tends to be low, on the other hand, the upstream raw material impact also exists. It is expected that the cryolite market will be stable and sorted in the later stage, with specific attention to market demand.

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