SunSirs: On January 4th, the Cryolite Market Situation Was Sorted out and Lowered
January 05 2024 15:26:51 SunSirs (John)
Price trend
On January 4th, the cryolite market was sorted downward, with factory prices in Henan Province ranging from 7,000 to 8,700 RMB/ton, and prices reduced by 300 RMB/ton within the range; The factory price in Shandong region was between 7,000 to 8,600 RMB/ton, and the actual transaction price was mainly negotiated.
Analysis review
The prices of raw materials had been lowered, and the cost of cryolite enterprises had slightly weakened. In addition, downstream purchasing enthusiasm was weak, and the market trading atmosphere was average. Some manufacturers had lowered their prices.
Market outlook
In the short term, the ice crystal market will be consolidated, with specific attention paid to changes in market transactions.
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