The cryolite market continued to wait and see this week

Price trend

 

povidone Iodine

According to the price monitoring of business agency, the price trend of cryolite in Henan this week was stable. On July 29, the average market price in Henan was 7650 yuan / ton, which was the same as the quotation at the beginning of the week, with an increase of 0.66% over the beginning of the month.

 

quotations analysis

 

This week, the cryolite market has been operating on a wait-and-see basis. Cryolite enterprises have smooth shipments and stable quotations. Affected by the shortage of raw materials and high prices, cryolite production is under great pressure. Many manufacturers operate at low loads, cryolite inventories are tight, prices are high, downstream demand is stable, supporting the high price of cryolite, and the mentality of operators is more on a wait-and-see basis. As of July 29, the ex factory quotation of cryolite in Shandong is 8000 yuan / ton, and the ex factory quotation of cryolite in Henan is 7200-8600 yuan / ton, with stable prices in the range.

 

The upstream soda ash operated weakly. As of July 29, the average market price was about 2820 yuan / ton, and the price fell slightly during the week, down 1.40% from last weekend. The downstream continued to wait-and-see mentality, and had resistance to high priced soda ash. The demand was weak. The trading atmosphere on the floor was not high. Manufacturers offered profits and negotiated goods. The market focus shifted downward, and the price of soda ash operated weakly.

Azodicarbonamide (AC foaming Agent)

 

On the downstream side, the aluminum market improved this week. On July 22, the aluminum price was about 18633 yuan / ton, up 4.35% during the week. During the week, the good news about real estate stimulated the price rise, but at present, the pressure to remove the inventory still exists, the market performance is still strong in supply and weak in demand, and the aluminum market is volatile and finishing.

 

Aftermarket forecast

 

The domestic cryolite market is operating on a wait-and-see basis. Due to the shortage of raw materials and high fuel costs, the manufacturer’s production costs are large, the cryolite device operates at low load, the enterprise inventory is limited, the cryolite price operates at a high level, the downstream demand is stable, and the manufacturer’s shipment is pressureless. From the perspective of supply and demand performance, the short-term cryolite market continues to operate at a high level.

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