On November 7th, the market for cryolite remained stable, with factory prices in Henan ranging from 7200 to 8800 RMB/ton; The factory price in Shandong is between 7000-8600 RMB/ton, and the actual transaction price is mainly negotiated.

The raw material price market is operating at a relatively high level, with downstream purchases being mainly based on demand. Cryolite enterprises have a cautious mindset, and due to cost pressures, the manufacturer's quotation remains high and stable, maintaining active shipments. The market trading atmosphere is average, and there is a stalemate between supply and demand on the market.

In the short term, the cryolite market is operating on a wait-and-see basis, with specific attention paid to market transaction changes.

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