SunSirs: The Cryolite Market Operated Stably on May 24th
May 25 2023 10:24:24     SunSirs (John)Price trend
On May 24th, the market for cryolite remained stable, with factory prices in Henan ranging from 7,200 to 8,900 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 supply of raw materials was tight, and there was still support for cryolite. The production of cryolite enterprises was under pressure, and inventory was maintained in a rational manner. Downstream purchasing followed closely according to demand, and the market trading atmosphere was acceptable.
Market outlook
In the later stage, the ice crystal market will operate on a wait-and-see basis, with specific attention paid to changes in market transactions.
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