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May 14-15, 2020
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TBD
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Zhengzhou, Henan, China

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Zhuhai, Guangdong, China

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Zhuhai, Guangdong, China

Chinese mercury catalyst prices rebound

2019-04-30 11:21:14  【Print】
BEIJING (Asian Metal) 30 Apr 19 - Currently, mainstream transaction prices for mercury catalyst 6.5%max stand at RMB49,000-50,000/t (USD7,277-7,426/t) delivered D/A 30 days, up by RMB1,000/t (USD149/t) from last week.Asian Metal Copyright5%max at RMB50,000t USD7,426t delivered DA 30 days on Monday and refused to sell at below RMB49,000t USD7,277t, up by RMB1,000t USD149t from the lowest price last week.Asian Metal Copyright As prices for raw material mercury metal rebound, mercury catalyst producers accordingly raise their selling prices.Asian Metal Copyright The source said, "Our supplier's quotation is higher than mainstream prices in the market as we collect quality-guarantee deposits at a 20% rate from our clients.Asian Metal Copyright Insiders believe that mercury catalyst prices would edge up further in the coming week.

A consumer in Shanxi disclosed that the lowest quotation for mercury catalyst 6.5%max they received on Monday was RMB51,000/t (USD7,574/t), up by RMB1,000/t (USD149/t) from last week, and they planned to purchase 50t.Asian Metal Copyright" The source usually makes one purchase every month, and last purchased 30t of mercury catalyst at RMB52,600t USD7,812t in late March.Asian Metal Copyright The source said, "Our supplier's quotation is higher than mainstream prices in the market as we collect quality-guarantee deposits at a 20% rate from our clients.Asian Metal Copyright As prices for raw material mercury metal rebound, mercury catalyst producers accordingly raise their selling prices.Asian Metal Copyright Recent price increases in mercury catalyst were caused by the about 5% increase in mercury metal prices." The source usually makes one purchase every month, and last purchased 30t of mercury catalyst at RMB52,600/t (USD7,812/t) in late March. As mercury metal prices keep rising, the source believes that mercury catalyst prices would go up further by about RMB500/t (USD74.26/t) in the coming week.

With an annual consumption capacity of 720t of mercury catalyst, the company expects to use 60t in April, unchanged MOM, and holds about 20t of stocks now.

A producer in Hebei quoted mercury catalyst 6.5%max at RMB50,000/t (USD7,426/t) delivered D/A 30 days on Monday and refused to sell at below RMB49,000/t (USD7,277/t), up by RMB1,000/t (USD149/t) from the lowest price last week. "Driven by rising prices for mercury metal, prices for raw material mercuric chloride have risen by 3% to about RMB400/kg (USD59.41/kg), which is the reason why we raise our mercury catalyst price," the source said. They last sold 30t of the material at RMB48,000/t (USD7,129/t) two weeks ago. As downstream consumers are setting out to replenish raw material stocks, the source believes that mercury catalyst prices would go up by about RMB1,000/t (USD149/t) in the coming week.

With an annual capacity of 2,400t for mercury catalyst, the source expects to produce 130t in April, unchanged MOM, and holds about 50t of stocks now.



.Asian Metal Copyright Recent price increases in mercury catalyst were caused by the about 5% increase in mercury metal prices.Asian Metal Copyright