SunSir: On July 19, the Cryolite Market Was on the Sidelines
July 20 2023 14:03:32 SunSirs (John)
Price trend
On July 19, the cryolite market ran smoothly, and the manufacturer temporarily stabilized its shipment. 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 manufacturer was under pressure, the inventory was rational, the cryolite price ran smoothly, the downstream had resistance to the high price cryolite, the market entry followed up as needed, the cryolite enterprises had wait-and-see attitude, actively shipping, 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 mainly wait-and-see in the later period, with specific attention to the market transaction changes.
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