Cryolite market price decreased slightly (2.12-2.18)

Price trend

 

Sodium Molybdate

According to the price monitoring of business agency, the price trend of cryolite in Henan decreased slightly this week. On February 18, the average market price in Henan was 7250.00 yuan / ton, a decrease of 0.68% over the weekend and 0.51% month on month.

 

quotations analysis

 

Domestic cryolite market wait-and-see sorting, during the week, the quotation of enterprises in Henan and Shandong was basically stable, and the prices of individual manufacturers decreased slightly. At present, the cost of cryolite and the supply of raw materials are basically stable. The start-up of enterprises in the north is low and the shipment is OK. The price of cryolite is mainly strong. The operators in the field wait and see the changes of the upstream and downstream market. As of February 18, the ex factory quotation of cryolite in Shandong is 7000-7600 yuan / ton, and the ex factory quotation of cryolite in Henan is 6700-8500 yuan / ton.

 

The price trend of upstream soda ash continued to be strong this week. As of February 18, the average market price was about 2462.5 yuan / ton, with an increase of 5.35% during the week. This week, soda ash sorting went up, manufacturers actively shipped, soda ash inventory decreased, the market trading atmosphere improved, and the price increase mentality of enterprises was strong.

 

Melamine

Downstream, the aluminum market fluctuated and fell. On February 18, the aluminum price was 22726.67 yuan / ton, down 0.91% during the week. After the Spring Festival, the aluminum price rose too fast in a short time, and the downstream undertaking was weak. In addition, during the Winter Olympic Games, the operation rate of downstream production resumption was lower than expected, the game between supply and demand, and the aluminum price fluctuated and sorted out.

 

Future forecast

 

The domestic cryolite market is high and strong, the operating rate of cryolite enterprises is acceptable, there is no pressure on inventory, the downstream purchases on demand, the mentality of on-site cargo holders is wait-and-see, and it is expected that the short-term cryolite market will be sorted out, with specific attention to the downstream demand.

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