SunSirs: On January 10th, the Market of Cryolite Was in a Wait-and-see Manner
January 11 2024 13:56:38 SunSirs (John)
Price trend
On January 10th, the cryolite market was in a wait-and-see operation, with factory prices in Henan Province ranging from 7,000 to 87,00 RMB/ton; 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 supply of raw materials was tight, and there was still support for the cost of cryolite. The company's quotation was mainly stable, and downstream procurement followed up on demand. The market trading atmosphere iwas average, and there was a stalemate between supply and demand on the market.
Market outlook
In the short term, the cryolite market will consolidate and operate, and specific attention will be paid to changes in market transactions.
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