Chinese zircon sand market sees bullish sentiment amounting
2023-04-18 08:32:53 [Print]
BEIJING (Asian Metal) 18 Apr 23 - Upon the firm price of intermediate ore, the current mainstream prices of zircon sand 65%min in China firmly stand at RMB15,200-15,500/t (USD2,212-2,255/t) EXW D/P, unchanged from early last week. Given the recovering demand, insiders foresee the mainstream prices of zircon sand 65%min in China would keep firm next week and would go up next month.
A consumer in Guangdong who previously purchased zircon sand 60-63%min revealed that he started to purchase zircon sand 65%min now and purchased 200t of zircon sand 65%min witness 90 at RMB15,200/t (USD2,212/t) EXW D/P on Monday from a supplier who insisted on the same price early last week. "My zirconium silicate was returned by over half in March from ceramic plants as the quality turned worse produced by zircon sand 60-63%min, and I started to purchase zircon sand 65%min to enhance quality," revealed the consumer on Monday. He added that his consumption of zircon sand 65%min would increase in April MoM, and he predicts the mainstream prices of zircon sand 65%min in China would keep firm this week and have some room to go up next month.
With an annual consumption capacity of 25,000t, the consumer expects to consume around 800t in April, unchanged from last month, holding about 500t in stock.
A producer in Hainan revealed that he sold 200t of zircon sand 65%min whiteness 90 at RMB15,500/t (USD2,255/t) EXW D/P on Monday, and he last sold 200t at the same price early last week. "The African intermediate zircon ore with the recovery rate of 90% firmly stands at USD23/mtu and Australian zircon ore prices hover at USD26-28/mtu, and there is no room for the zircon intermediate ore price to go down now upon the tightening supply," revealed the producer on Monday. He foresees the mainstream prices of zircon sand 65%min in China would go firm next week and probably go up next month upon the slowly recovering demand and the tight supply.
With an annual production capacity of 50,000t, the producer expects to output around 2,000t in April, unchanged from last month, holding about 500t in stock.
A consumer in Guangdong who previously purchased zircon sand 60-63%min revealed that he started to purchase zircon sand 65%min now and purchased 200t of zircon sand 65%min witness 90 at RMB15,200/t (USD2,212/t) EXW D/P on Monday from a supplier who insisted on the same price early last week. "My zirconium silicate was returned by over half in March from ceramic plants as the quality turned worse produced by zircon sand 60-63%min, and I started to purchase zircon sand 65%min to enhance quality," revealed the consumer on Monday. He added that his consumption of zircon sand 65%min would increase in April MoM, and he predicts the mainstream prices of zircon sand 65%min in China would keep firm this week and have some room to go up next month.
With an annual consumption capacity of 25,000t, the consumer expects to consume around 800t in April, unchanged from last month, holding about 500t in stock.
A producer in Hainan revealed that he sold 200t of zircon sand 65%min whiteness 90 at RMB15,500/t (USD2,255/t) EXW D/P on Monday, and he last sold 200t at the same price early last week. "The African intermediate zircon ore with the recovery rate of 90% firmly stands at USD23/mtu and Australian zircon ore prices hover at USD26-28/mtu, and there is no room for the zircon intermediate ore price to go down now upon the tightening supply," revealed the producer on Monday. He foresees the mainstream prices of zircon sand 65%min in China would go firm next week and probably go up next month upon the slowly recovering demand and the tight supply.
With an annual production capacity of 50,000t, the producer expects to output around 2,000t in April, unchanged from last month, holding about 500t in stock.
