SunSirs: On May 9th, the Market of Cryolite Was Operated on a Wait-and-see Basis
May 10 2023 11:27:37 SunSirs (John)
Price trend
On May 9th, the cryolite market continued to remain stable and wait-and-see, with factory prices in Henan ranging from 7,200 to 8,800 RMB/ton; The factory price in Shandong was between 7,700-8,500 RMB/ton, and the actual transaction price was mainly negotiated.
Analysis review
The upstream operating rate was low, the raw material support was strong, and the production of cryolite enterprises was under pressure. Inventory was rational, downstream market followed up on demand, and the market trading atmosphere was average. The quotation of cryolite enterprises was stable.
Market outlook
In the later stage, the cryolite market may fluctuate slightly, and specific attention should be paid to changes in market transactions.
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