According to the commodity market analysis system of Shengyishe, the price of cryolite in Henan remained stable in mid December. On December 20th, the average market price in Henan was 7700 yuan/ton, which was the same as the average price of 7700 yuan/ton on December 11th, a decrease of 0.32% compared to the beginning of the month.

In recent times, the ice crystal market has remained stable, with upstream product prices falling and ice crystal costs decreasing. However, raw material prices are still at a relatively high level, with ice crystal enterprises mainly raising prices and downstream parties following up on demand. The market trading atmosphere is weak, and the market supply and demand are in a game, resulting in a stalemate in the ice crystal market. As of December 20th, the ex factory quotation for cryolite in Shandong region is 7000-8600 yuan/ton; The ex factory quotation for cryolite in Henan region is between 7000 and 8700 yuan/ton.

The upstream fluorite market is weak and downward, with an average market price of 3550 yuan/ton on December 20th, a decrease of 0.70% compared to the price of 3575 yuan/ton on December 11th. The tight exploitation of upstream mines and the shortage of raw materials have limited the operation of fluorite enterprises. In addition, some manufacturers in the north have been affected by low temperature, rain, and snow weather, resulting in limited production. However, towards the end of the year, some small factories have engaged in low-priced inventory clearance, and on-site prices have slightly declined, weakening support for cryolite.

Market forecast: Upstream spot supply is tight, costs for ice crystal enterprises still exist, and many manufacturers maintain low load operation. Due to the impact of demand, there is a strong downward trend in ice crystal prices, and manufacturers are cautious. It is expected that the ice crystal market will be weak and consolidate in the later stage. In the future, attention will be paid to upstream price changes and downstream follow-up.