This week’s Cryolite market is on the sidelines (6.3-6.9)

Price trend

 

Bacillus thuringiensis

According to the commodity market analysis system of the business community, the price trend of Cryolite in Henan is stable. On June 9, the average market price in Henan was 7850 yuan/ton, unchanged from the average price of 7850 yuan/ton on June 3, up 0.32% month on month.

 

quotations analysis

 

Gamma-PGA (gamma polyglutamic acid)

This week, the Cryolite market is waiting to be sorted out, and the manufacturer’s quotation is stable and small. The upstream operating rate is low, the raw material support continues to be favorable, Cryolite production is under pressure, the on-site devices operate at low load, the enterprise inventory is maintained rationally, the downstream is more resistant to high prices, the market purchase follows up as required, Cryolite enterprises are wait-and-see, maintain an active shipping, the market negotiation atmosphere is improved compared with last week, some enterprises ship smoothly, the inventory is lower, and Cryolite prices are slightly increased. As of June 9, the ex factory quotation of Cryolite in Shandong was 7000-8600 yuan/ton, with an increase of 100 yuan/ton; The ex factory quotation of Cryolite in Henan is 7200-8900 yuan/ton, and the price is increased by 100 yuan/ton within the range.

 

Upstream fluorite prices have slightly decreased, with an average market price of 3136.25 yuan/ton as of June 9, a decrease of 0.24% compared to the price of 3143.75 yuan/ton on June 3. The operating rate of fluorite enterprises has slightly increased, and spot supply has increased. However, mining enterprises are facing increasingly strict safety and environmental requirements, and the shortage of raw material supply continues to exist, providing support to the fluorite market. The price decline is not significant, and the market situation is wait-and-see.

 

The downstream aluminum market first fell and then rose. On June 9th, the aluminum price was around 18666.67 yuan/ton, an increase of 0.45% compared to the price of 18583.33 yuan/ton on June 3rd. Terminal consumption is weak, downstream demand support is insufficient, market trading and negotiation are the main focus, and some regions have significantly reduced inventory. Adjustments and increases are made based on their own shipment situation, resulting in fluctuating aluminum prices.

 

Future Market Forecast

 

Cryolite enterprises are short of raw materials in stock. Upstream support continues to be good. The manufacturers maintain a positive shipping attitude, and the market mentality is good. Downstream market entry follows up as required. Market transaction and investment negotiations are the main topic. Supply and demand in the market are relatively stable. It is expected that Cryolite market will wait and see later.

 

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