SunSirs: On July 5th, the Cryolite Market Continued to Wait and See
July 06 2022 09:26:17 SunSirs (John)
Price trend
On July 5, the cryolite market was stable, and the average production price in Henan was 7,600 RMB/ton, which was the same as the previous working day.
Analysis review
On July 5, upstream raw materials were still tight, and fuel prices were high, which led to an increase in production costs for enterprises. The cryolite devices in the field operated at low load, the company's inventory was tight, the downstream demand was stable, the company's shipments were relatively smooth, and the cryolite price remained high.
Market outlook
In the short term, the cryolite market will be sorted at a high level, and the market outlook needs to pay attention to the market supply.
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