On May 11, the price of cryolite increased slightly

Trade name: cryolite

 

Latest price (May 11): 7575 yuan / ton

 

Key points of analysis: the cryolite market is up today, and the average production price in Henan is up 0.66% from the previous working day. Affected by the public health incident, the on-site freight is on the high side, while the downstream purchase is stable, and the enterprise shipment is relatively smooth. Individual enterprises raise their quotation slightly according to their own shipment clearance. At present, the production cost pressure of cryolite manufacturers is large, the enterprises start to reduce the load and run, the inventory is small, the enterprises reflect the stability and improvement of downstream demand, and the operators are mainly wait-and-see.

 

Future forecast: the short-term cryolite market will remain stable for the time being and pay attention to the market supply.

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