Cryolite prices rose slightly this week

Price trend

 

Thiourea

According to the price monitoring of business agency, the price of cryolite in Henan increased slightly this week. On December 10, the average market price in Henan was 7275.00 yuan / ton, up 1.04% from the end of last week and 1.75% month on month.

 

quotations analysis

 

The domestic cryolite market operates strongly. At present, the source of raw materials tends to be stable, the price is still relatively high, the production cost of enterprises is high, coupled with the impact of winter heating, manufacturers limit production and produce less, and the production pressure supports the market to continue to be high. As of December 10, 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 be weak and downward this week. As of December 10, the average market price was about 3025 yuan / ton. The price in the week fell by 5.47%, up 106.34% over the same period last year. The price is still high. The operating rate of soda ash increased compared with last week, the output in the week increased, the soda ash supply was stable, the downstream was purchased on demand, and the market trading was general.

 

In the downstream, the aluminum market fluctuated. On December 10, the aluminum price was 18780.00 yuan / ton, an increase of 0.50% in the week compared with the price of 18686.67 yuan / ton at the end of last week. The social inventory of aluminum decreased slightly, the market demand increased, the horizontal consolidation of aluminum price, and the market was slightly bullish.

 

Future forecast

 

The domestic cryolite market is strong at a high level. Due to the supply of raw materials and the limited production of heating in winter, the operators in the field are optimistic. From the perspective of market supply, the short-term cryolite trend is stable at a high level, with specific attention to the situation of upstream raw materials.

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