Price trend in November
According to the bulk list data of business society, the market price of cryolite continued to rise in November. The average market price at the end of the month was 7200 yuan / ton, an increase of 2.86% over the price of 7000 yuan / ton at the beginning of the month and 22.09% year-on-year.
Analysis of industrial chain in the month
In November, the domestic cryolite market continued to be strong, the raw materials were still tight, the production cost of cryolite enterprises increased, the production capacity decreased, the inventory decreased, and the demand shipment was OK. The external quotation of cryolite enterprises operated at a high level, and the market rose slightly. As of the 30th, the ex factory price of cryolite in Henan was 6500-8600 yuan / ton, up 400 yuan / ton month on month; The ex factory price in Shandong was raised by 400 yuan / ton simultaneously, and the quotation was about 7600 yuan / ton. The actual transaction price was mainly negotiated.
Upstream, the domestic soda ash market continued to decline. On November 30, the average price of soda ash was 3387.50 yuan / ton, a decrease of 7.19% compared with the price of 3650.00 yuan / ton at the beginning of the month. With the increase of soda ash inventory and downstream on-demand procurement, the market digests the previous increase in the month, and the soda ash price continues to decline. However, due to the large increase in the previous price, the current soda ash market price is still high.
The downstream aluminum price continued to fluctuate in November. On November 30, the average price of domestic aluminum ingots in East China market was 18876.67 yuan / ton, down 6.66% from the average price of 20223.33 yuan / ton on November 1. Aluminum social inventory is high, downstream demand is general, and consumption is slow. Affected by building materials, aluminum prices fluctuate frequently during the month, and the overall market is weak.
At present, there is a shortage of raw materials in the upstream of domestic cryolite, the production cost of enterprises continues to be high, the cryolite market continues to be strong, and the downstream demand is OK. The quotation of cryolite enterprises is mainly high, and there is no possibility of short-term price reduction. It is expected that the cryolite market will be stable in the later stage.