Price trend

According to the price monitoring of business agency, the price of cryolite in Henan remained unchanged this week. On December 17, the average market price in Henan was 7275.00 yuan / ton, an increase of 1.75% month on month and 25.43% year-on-year.

quotations analysis

The domestic cryolite market continues to be strong. At present, the source of raw materials of most enterprises tends to be stable. Due to the high price of raw materials and the impact of cost pressure, the high price of cryolite is temporarily stable. Coupled with the heating in northern winter, the production of manufacturers is limited and the output is reduced, and the market situation continues to be high. As of December 17, the ex factory quotation of cryolite in Shandong is 7000-7600 yuan / ton, and that in Henan is 6700-8600 yuan / ton.

In terms of raw materials, the soda ash market continued to decline this week. As of December 17, the average market price was about 2775 yuan / ton. The price in the week fell by 8.26% and increased by 98.21% compared with the same period last year. The soda ash price was higher than that in previous periods. The operating rate of soda ash was 82.54% this week, the output increased during the week, the supply of soda ash was stable, the manufacturers actively shipped, mainly purchased on demand in the downstream, and the market trading was general.

In the downstream, the aluminum market fluctuated upward. On December 17, the aluminum price was 19400.00 yuan / ton, an increase of 3.30% in the week compared with the price of 118780.00 yuan / ton at the end of last week. The downstream market raised the quotation, the aluminum demand recovered, the accumulation of social inventory eased, the supply and demand side improved, the aluminum price rose, and the market was sorted upward.

Future forecast

The quotation of domestic cryolite enterprises continues to be high, the high cost of raw materials and the impact of limited production of heating in winter coexist, and the mentality of the field operators is optimistic. From the perspective of market supply, the short-term cryolite trend continues to operate at a high level, and the specific attention is paid to the situation of upstream raw materials.