Strontium metal prices go down slightly
2013-09-11 09:36:21 [Print]
BEIJING (Asian Metal) 11 Sep 13 - Downstream demand fails to rebound, which leads strontium metal 99%min market to see sliding prices further. The mainstream prices are in a range of RMB40,000-42,000/t (USD6,536-6,863/t) at present, down by around RMB500/t (USD82/t) from those of late August.
A strontium metal 99%min producer in South China shared with Asian Metal that they lower strontium metal 99%min offer a bit by RMB500/t (USD82/t) to RMB41,000/t (USD6,699/t) at present. As carbonate strontium 97% prices are decreasing slightly, their clients cannot accept higher prices, which forces them to lower prices of strontium metal 99%min accordingly.
“We just concluded a small deal at RMB41,000/t (USD6,699/t) with a regular client last week,” said the source.
Another strontium metal 99%min producer whose production volume is 150tpm in South China confirmed that strontium metal 99%min market remains soft with the prevailing prices sliding to RMB40,000-42,000/t (USD6,536-6,863/t) at the moment, down slightly from those of late August. Most consumers refrain from making substantial purchases further.
As supply is abundant while demand remains dim, the source is pessimistic about strontium metal 99%min market in September.
A strontium metal 99%min producer in South China shared with Asian Metal that they lower strontium metal 99%min offer a bit by RMB500/t (USD82/t) to RMB41,000/t (USD6,699/t) at present. As carbonate strontium 97% prices are decreasing slightly, their clients cannot accept higher prices, which forces them to lower prices of strontium metal 99%min accordingly.
“We just concluded a small deal at RMB41,000/t (USD6,699/t) with a regular client last week,” said the source.
Another strontium metal 99%min producer whose production volume is 150tpm in South China confirmed that strontium metal 99%min market remains soft with the prevailing prices sliding to RMB40,000-42,000/t (USD6,536-6,863/t) at the moment, down slightly from those of late August. Most consumers refrain from making substantial purchases further.
As supply is abundant while demand remains dim, the source is pessimistic about strontium metal 99%min market in September.
