Cryolite market prices were stable this week (7.22-7.26)

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 in the week, down 4.45% 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 the 26th, Zibo Kunyu Industry and Trade Cryolite quoted 6500 yuan/ton; Changshu Hongjiafu Co., Ltd. Cryolite quoted 7300 yuan/ton; Jiaozuo Minli Industrial Cryolite quoted 7000 yuan/ton; Zhengzhou Tianrui Cryolite quoted 6500 yuan/ton; Shandong Botao Group Co., Ltd. Cryolite quoted 7000 yuan/ton.

Industry chain: The domestic fluorite market price trend is stable this week. The average domestic market price is about 3150 yuan/ton, up 17.10% year-on-year. This week, domestic fluorite price trend is temporarily stable, the start-up rate of fluorite plant has not changed much, but the downstream demand situation is general, the spot supply of fluorite is normal, affected by many factors, fluorite price trend is stable. Downstream electrolytic aluminium: This week, the price of aluminium has been on the upstream trend. At the beginning of the week, the price remained around 13866.67 yuan/ton, and at the end of the week, it was about 13930.00 yuan/ton. The price increased by 0.0.46% in the week.

Ferrous Fumarate

3. Future Market Forecast

Analysts of cryolite products of business associations believe that: at present, the device is running normally, the manufacturers have sufficient inventory and no pressure, the ex-factory quotation is temporarily stable, and the market of cryolite is expected to operate steadily in the later period.

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