The price trend of cryolite market was stable this week (6.24-6.28)

Price Trend

According to the data of business associations, the price trend of cryolite market was stable this week, and the average price of cryolite market was stable at about 6333.33 yuan/ton during the week, down 2.99% 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 28 days, Zibo Kunyu Industry and Trade Cryolite quoted 6500 yuan/ton; Changshu Hongjiafu Co., Ltd. Cryolite quoted 7300 yuan/ton; Jiaozuo Civilian Benefit Industrial Cryolite quoted 7000 yuan/ton; Zhengzhou Tianrui Cryolite quoted 6500 yuan/ton; Shandong Botao Group Co., Ltd. Cryolite quoted 7000 yuan/ton.

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Industry chain: The domestic fluorite market price rose slightly this week. The weekend price was 3100 yuan/ton, which was 0.81% higher than that at the beginning of the week and 17.20% higher than that at the beginning of the week. Domestic fluorite prices have risen slightly this week, and the start-up rate of fluorite plants has not changed much. However, downstream demand has improved. The spot supply of fluorite in the field is normal. Influenced by many factors, the price of fluorite has risen slightly. Downstream electrolytic aluminium: This week, the price of aluminium is tidying up and running. The price is slightly lowered. At the beginning of the week, the price keeps around 13853.33 yuan/ton, at the end of the week, it is about 13830.00 yuan/ton, and the price is down by 0.17%.

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3. Future Market Forecast

Analysts of the cryolite industry of Business Society Chemical Branch believe that the price of fluorite in the upper reaches of cryolite has increased slightly, while the price of aluminium in the lower reaches has decreased slightly, and the market of cryolite is expected to maintain stable operation in the later period.