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SunSirs: On July 4, the Cryolite Market Was on the Lookout
July 05 2023 09:31:12SunSirs(John)

Price trend

On July 4, the cryolite market was running smoothly on the sidelines, and the manufacturer's quotation remained unchanged. The ex factory price in Henan was 7,200-8,900 RMB/ton; The factory price in Shandong was between 7,000-8,600 RMB/ton, and the actual transaction price was mainly negotiated.

Analysis review

The upstream operation rate was low, the spot was tight, the cryolite cost support was good, the cryolite manufacturers were under pressure, the inventory was rational, the cryolite price was mainly stable, the downstream had a resistance to the high price cryolite, the market entry followed up as required, the cryolite enterprises had wait-and-see attitude, and mainly actively shipped, the overall market trading atmosphere was fair, and the supply and demand in the market were relatively balanced

Market outlook

It is expected that the market of cryolite will be sorted out in a range in the later period, with specific attention to the market transaction changes.

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