About the November cryolite price analysis and the December cryolite price prediction


Time:

2024-11-25

Based on the latest market data and analysis, here are the price situation of the chemical raw material cryolite in November 2024 and the forecast for the price action in December:

Cryolite prices in November

1. Price Fluctuations: In November 2024, the price of cryolite fluctuated to a certain extent. According to the data of the business community, the latest quotation of cryolite manufacturers on November 19 was 5,500 yuan/ton, while the quotation on November 17 was 7,300 yuan/ton. This indicates that in November, cryolite prices experienced a trend of first falling and then rising.

2. Market demand: With the increase in aluminum consumption, the demand for cryolite is also increasing. However, the market's resistance to high-priced cryolite is more obvious, and the overall follow-up has not improved much.

3. Price Influencing Factors: The price of cryolite is affected by various factors such as upstream raw material prices, production costs, and market demand. Recently, the price trend of cryolite has been slightly reduced, but the overall price has not fluctuated much.

Cryolite price trend forecast for December

1. Raw material support: From the perspective of raw materials, the continuous decline in upstream fluorite prices has had a negative impact on the cryolite market. At the same time, the downstream market continues to be sluggish, the market trading atmosphere is weak, the industry mentality is bearish, and some companies have lowered the price of cryolite in order to promote transactions.

2. Supply and demand relationship: On the supply side, the production cost of cryolite enterprises is high, the operating rate will continue to run at a low level in 2023, and there is no pressure on the inventory of enterprises. On the demand side, the opening of the epidemic stimulates consumption, the consumption of the downstream aluminum market may increase, and the demand for cryolite increases.

3. Price Prediction: On the whole, the cryolite market has a large upward momentum, but considering the downstream acceptance of high prices, the price will not fluctuate greatly. It is expected that the cryolite market will consolidate at a low level in 2024, and the price will remain above 7,500 yuan/ton.

To sum up, the price of cryolite in November showed a fluctuating trend, while the price in December is expected to fluctuate within a certain range, and the overall market is showing a trend of stalemate.

If you want to know the best price of cryolite whatever of synthetic cryolite or potassium cryolite,feel free to contact:

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