SunSirs: On October 17, the Cryolite Market Was Sorted Up
October 18 2022 11:00:02 SunSirs (John)
Price trend
On October 17, the market of cryolite in Henan Province was sorted up, and the average price of cryolite production was 7,850 RMB/ton, an increase of 0.96% over the weekend.
Analysis review
The upstream raw materials were tight, the production of cryolite was under pressure, the enterprise's capacity utilization rate was low, the cryolite inventory was low. and the downstream demand was weak. Downstream demand was weak, the purchase volume was small, and followed up just in needed. Enterprises shipped on demand, supply and demand in the market were deadlocked, cryolite prices operated at a high level
Market outlook
In the short term, the cryolite market will be settled at a high level, and the price will rise slightly. In the future, attention will be paid to the market supply.
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