International trends

 Shandong sea salt prices in China are relatively stable at present,  but there is also an upward trend. The ex-factory price of sea salt with tax in Shandong area is around RMB 290/tons, and the price of well-mine salt in Jiangsu area has increased by RMB 20-30/tons at around RMB 380/tons.The supply of well-mine salt in East China was reduced as compared with the previous period, and the ex-factory price was elevated. In Northwest China, the supply of lake salt was maintained at the previous level, and lake salt is expected to recover partially in the third quarter, with stable prices at present.

   In terms of raw salt imports, now Indian salt (Class I salt) of less than 60,000 tons shipment arrives at around $39-40/ton CIF China. The price of raw salt is expected to trend steadily up next week.

   We have a stable and reliable source of supply, long-term and national major enterprises to maintain good cooperation, and strive to establish long-term cooperation and win-win partnership with customers.In order to meet the all-round needs of customers, we are now actively developing brine and other projects, and have done a lot of preliminary market research work to better serve our customers in terms of both quality and service.