According to the data of business associations, the market price trend of cryolite decreased slightly this week. At the beginning of the week, the market average price stabilized at about 6333.33 yuan/ton. At the end of the week, the market average price stabilized at about 6316.67 yuan/ton. Within the week, the decline was 0.26%, which was 1.81% lower than the same period last year. The Cryolite Commodity Index on September 29 was 76.72, unchanged from yesterday, down 24.20% from the cyclical peak of 101.21 points (2011-10-31), and up 15.63% from the lowest point of 66.35 on September 05, 2016. (Note: Period refers to 2011-09-01 to date)
II. Market Analysis
Product: This week, the price trend of cryolite has been slightly lowered, and there is no obvious price adjustment by manufacturers. Up to 27 days, Zibo Kunyu Industry and Trade Cryolite quoted 6500 yuan/ton; Changshu Hongjiafu Co., Ltd. Cryolite quoted 7200 yuan/ton; Jiaozuo Civilian Benefit Industrial Cryolite quoted 6950 yuan/ton, down 50 yuan/ton; Zhengzhou Tianrui Cryolite quoted 6500 yuan/ton; Shandong Botao Group Co., Ltd. Cryolite price 7000 yuan/ton, smooth shipment, business is still possible.
|PVA 0599 (PVA BF05)|
Industry chain: This week, the price trend of fluorite in the upstream of cryolite continued to decline. At the beginning of the week, the average price of domestic market was about 2877.78 yuan/ton. At the weekend, the average price of domestic market was about 2866.67 yuan/ton, a decline of 0.39%, an increase of 7.0% over the previous year. The price trend of fluorite in the upstream continued to decline, mainly because of the imbalance between domestic supply and demand. In recent years, the demand for fluorite in the downstream hydrofluoric acid and refrigerant industries has declined. At the end of the peak season of the refrigerant industry, the market of fluorite on-site is poor. In addition, the start-up rate of fluorite devices on-site remains high. However, the downstream demand situation is general, the spot supply of fluorite on-site is adequate, and the price of fluorite on-site has declined. Sliding trend. For downstream electrolytic aluminium, this week’s aluminium price trend continued to decline, the price at the beginning of the week remained around 14326.67 yuan/ton, the weekend was about 14046.67 yuan/ton, the price fell by 1.95% in the week.
According to the price monitoring of business associations, in the 38 th week (9.23-9.27) of 2019, there were 19 kinds of commodities rising annually in the chemical sector, of which more than 5% of the commodities increased, accounting for 1.2% of the monitored commodities in the sector; the first three commodities were nitric acid (27.59%), ammonium nitrate (4.96%) and DMF (4.93%). There are 23 kinds of commodities with a decline of more than 5%, accounting for 3.6% of the monitored commodities in this sector. The products with the first three declines are trichloromethane (-13.64%), dichloromethane (-8.20%) and R22 (-5.49%). This week’s average rise and fall was 0.19%.
3. Future Market Forecast
Analysts of cryolite products from business associations believe that the current multi-dimensional and stable quotations from cryolite manufacturers are the main ones. The equipment is running normally, the stock is sufficient, and the shipment is acceptable. The market of cryolite is expected to operate steadily in the later period, with specific attention to market demand.