According to the commodity market analysis system of Business Society, the price trend of cryolite in Henan region has remained stable recently (4.22-4.30). As of April 30th, the average market price in Henan region was 7550 yuan/ton, which is unchanged compared to the average price of 7550 yuan/ton on April 22nd. The price remains unchanged throughout the cycle.

Recently, the ice crystal market has been operating on a wait-and-see basis, and enterprise ice crystal quotations have remained stable. The overall resumption of work and production in the upstream fluorite market is progressing slowly, with strong consolidation of fluorite prices and tight supply of raw materials, resulting in strong pressure on the cost of cryolite. However, due to the obvious resistance of the downstream towards high priced cryolite and the limited trading atmosphere in the market, the downstream market is mostly bearish. Therefore, with strong raw material prices, most cryolite manufacturers still offer stable prices. As of April 30th, the ex factory quotation for cryolite in Shandong region is 7000-8500 yuan/ton; The factory quotation for cryolite in Henan region is between 7200-8000 yuan/ton.

The upstream fluorite market is relatively strong and rising, with an average market price of 3675.00 yuan/ton as of April 30, an increase of 1.03% compared to the price of 3637.50 yuan/ton on April 22. The game situation in the domestic fluorite industry still exists, with tension in upstream mining and the continuous elimination of outdated mines. In terms of new mines, the progress of resuming work and production in the fluorite market is slow. In addition, recent national departments have issued price inquiries to rectify fluorite mines, and some mines have undergone safety hazard inspections. The shortage of raw materials has limited the operation of fluorite enterprises, and the supply of goods on site is tight, resulting in a continuous increase in fluorite prices.

Market forecast: The upstream market of cryolite is relatively strong, with high cost pressure on cryolite and a positive impact on mentality. Downstream demand is average and there is resistance to cryolite prices. Actual market trading is limited, but facing the continuous rise in upstream prices, cryolite enterprises may face pressure to increase their prices,