SunSirs: The Cryolite Market in December Ran Smoothly

According to the monitoring of the bulk list data of SunSirs, the price trend of cryolite in December was stable. On December 30, the average market price in Henan was 7950 RMB/ton, unchanged from the beginning of the month, up 8.90% year on year.

In December, the domestic cryolite market remained stable. During the month, the cryolite enterprises' quotations remained high and stable. The upstream construction was low, the supply of goods was tight, the price of raw materials was high, the upstream support of cryolite was strong, the production of enterprises was undarket price of cryoliter pressure, the utilization rate of cryolite capacity in the market was low, the me was high and firm, and the downstream demand was weak. The cryolite enterprises were following up on demand for high priced cryolite, and more cryolite enterprises were shipping on demand. The market supply and demand were deadlocked, Cryolite market is waiting for operation.

Upstream and downstream market analysis

On the upstream side, the domestic fluorite market rose first and then fell. Mining enterprises still have low operating rate due to safety and environmental protection requirements, fluorite raw materials are tight, processing costs are under pressure, fluorite inventory is tight, and the price rises at a high level. At the end of the month, the downstream demand for fluorite is reduced, the number of new orders in the field is small, the goods movement is weak, and the fluorite price drops at a high level. On the whole, the operating rate rises slightly, and the average fluorite price at the end of the month is 3300.00 RMB/ton, 0.19% higher than the price of 3293.75 RMB/ton at the beginning of the month.

The market of downstream aluminum market was weak in December, and the average price of domestic aluminum ingots in East China market at the end of the month was 18716.67 RMB/ton, down 3.02% from the average market price of 19300.00 RMB/ton at the beginning of the month. Downstream enterprises did not start work very well, their demand was weak, their shipments were poor, and their transportation was blocked within months. The consumption of social inventory of electrolytic aluminum in major domestic markets was slow, and the aluminum market continued to decline.

Future market forecast

At present, the cryolite market is mainly a wait-and-see market, with firm enterprise quotations and strong raw material support. Although the downstream demand is not high, it just needs follow-up support, and short-term supply and demand remain balanced. The cryolite market continues to operate at a high level.

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