SunSirs: The Cryolite Market Rose Slightly on August 15
August 16 2022 08:56:19 SunSirs (John)
Price trend
On August 15, the price trend of cryolite in Henan increased, and the average production price of cryolite was 7,675.00 RMB/ton, up 0.66% from the previous working day.
Analysis review
The upstream raw materials were tight, the prices were high, and the production costs of manufacturers were relatively large. Coupled with the high level of fuels such as coal and natural gas, the cryolite plant was operating at a low load, and the manufacturer's cryolite inventory was tight. The downstream demand was stable, and the company's shipments were acceptable, which supported the high price of cryolite.
Market outlook
In the short term, the cryolite market will wait and see at a high level, and the market outlook will pay attention to the market supply.
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