Price trend in August
According to the data monitoring of the bulk list of business agencies, the price trend of cryolite in August fell first and then rose. On August 31, the average market price in Henan was 7675 yuan / ton, an increase of 0.33% over the price of 7650 yuan / ton at the beginning of the month and an increase of 18.53% over the previous year.
| PVA 2088 (PVA BP20) |
In August, the domestic cryolite market was put into operation on a wait-and-see basis. The supply and demand in the market were relatively balanced. The price of cryolite fluctuated little, and the overall price was high. In terms of supply, the raw materials were tight, the fuel cost was high, the enterprise cost pressure was high, the cryolite manufacturer’s inventory was tight, and the downstream demand was acceptable. The purchase in the market was mainly based on demand, and the enterprise’s shipment was relatively smooth. The manufacturer’s quotation in the month was slightly adjusted according to its own shipment situation. As of 31st, The ex factory price of cryolite in Henan is 7200-8700 yuan / ton, and the range price is increased by 100 yuan / ton compared with the previous month; The ex factory quotation in Shandong is about 8000 yuan / ton, and the actual transaction price is mainly negotiated.
Upstream and downstream market analysis
On the upstream side, the domestic soda ash price declined as a whole and rebounded slightly at the end of the month. On August 31, the average price of soda ash was 2620 yuan / ton, which was 6.09% lower than the price of 2790 yuan / ton at the beginning of the month. During the month, soda ash was mainly operated in a weak way, and the enthusiasm of downstream purchasing was not high. Most of them followed up on demand, and the manufacturers negotiated shipment. The trading atmosphere on the site was weak, and the market focus moved downward.
| POLYVINYL ALCOHOL |
The downstream aluminum market experienced wide fluctuations in August. On August 31, the average price of domestic aluminum ingots in the East China market was 18453.33 yuan / ton, an increase of 0.75% over the average price of 18316.67 yuan / ton at the beginning of the month. In August, the overall price fluctuated, the domestic downstream consumption of aluminum was weak, the regional epidemic, high temperature and power limitation interfered with the downstream construction, the aluminum rod and aluminum profile factories in Sichuan were basically shut down, and the social inventory of aluminum ingots was relatively stable. Recently, there was a slight accumulation of stocks, and the price of aluminum ingots mainly fluctuated.
Future forecast
At present, the cryolite market is operating at a high level, the supply of raw materials is tight, the production pressure of enterprises is large, the downstream demand is stable, and the purchase in the market is followed up on demand. From the supply and demand performance, the supply and demand in the market are relatively balanced. It is expected that the cryolite market will mainly wait and see in the later period, and the cryolite price will temporarily operate stably.
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