1、 Price trend

According to the bulk list data of business society, the price trend of cryolite in Henan Province was stable this week. On July 25, the average market price in Henan was 6325 yuan / ton, which was the same as that on July 19 at the beginning of the week and decreased by 0.39% compared with that at the beginning of the month.

2、 Market analysis

The cryolite market operated steadily this week. It was learned from the manufacturer that the cryolite device operated normally, the commencement was stable, and the enterprise quotation was stable within the week. As of the 25th, the ex factory quotation of cryolite in Shandong was 6000-6500 yuan / ton, and the ex factory quotation of cryolite in Henan was 6000-6500 yuan / ton. The regional cryolite price remained stable compared with last week. At present, the supply of cryolite market is tight, and the inventory of individual enterprises has been sold out. In addition, enterprises reflect that the production capacity is low and the raw materials are tight. There is no possibility of reducing the price of cryolite in the short term. The specific trend depends on the upstream and downstream situation.

In terms of electrolytic aluminum, the price trend fluctuated this week, with an overall decline of 0.12% during the week. The domestic social inventory of aluminum was relatively low. The vigorous development of photovoltaic, new energy vehicles and other industries promoted the growth of aluminum demand, increased exports, rising overseas demand and strong demand side consumption. In addition, the second batch of national reserve aluminum was launched in late July, which effectively alleviated the shortage of aluminum supply, The trend of aluminum market in the later stage is mainly consolidation and operation.

3、 Future forecast

At present, the domestic cryolite manufacturers’ devices are under normal operation, the enterprise production and sales are stable, the quotation is stable, and the downstream market is sorted and operated, which has little impact on the cryolite. Most cryolite manufacturers have a wait-and-see mentality. It is expected that the cryolite market will operate stably in the later stage, and pay attention to the downstream demand.