1、 Price trend

According to the bulk list data of business society, the price trend of cryolite in Henan rose this week. On October 22, the average market price in Henan was 6900.00 yuan / ton. Compared with 6725.00 yuan / ton on October 16, the price increased by 2.60% during the week and 4.94% compared with the beginning of the month.

2、 Market analysis

The domestic cryolite market is strong and upward, the upstream raw materials are tight, and the price continues to rise, driving the firm operation of the cryolite industry. Coupled with the impact of limited power production, the production capacity of cryolite enterprises is low, and the quotation of enterprises continues to rise within the week. As of the 22nd, the ex factory quotation of cryolite in Shandong is 6500-6700 yuan / ton, and the market price of cryolite in Henan is increased by 700 yuan / ton, The ex factory quotation is 6500-7900 yuan / ton. Domestic cryolite enterprises have normal plant operation, low enterprise inventory, stable downstream demand, stable shipment, tight market supply and high enterprise cryolite price.

The cryolite market is greatly affected by the upstream. The liquid alkali continues to rise this week, and the price rises by 6.19% during the week. Affected by the limited power policy, some manufacturers start to lower their prices, the market is strong and upward, and the shortage of raw materials drives the cryolite price up. In the downstream, the market of the aluminum industry fluctuated and decreased this week. On October 22, the aluminum price was 21913.33 yuan / ton, an overall decrease of 7.33% compared with the price of 23646.67 yuan / ton at the end of last week. The market is weak. Affected by the dual control policy of energy consumption, the operating rate in the downstream is reduced, superimposed with the high aluminum price in the early stage, the acceptance in the downstream is low, mainly on-demand procurement, weak demand, and the market is sorted out downward.

3、 Future forecast

The domestic cryolite market is strong and upward, the upstream raw materials continue to be tight, the enterprise quotation is mainly high, the downstream demand is stable, and the enterprise shipment is stable. It is expected that the cryolite market will continue to be high in the later stage, and pay more attention to the upstream raw materials.