Zirconium Market Report April 2013
2013-05-14 08:54:56 【Print】
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Zircon sand market remains stable in April, while the demand from downstream consumers keeps increasing
The supply of Australian zircon sand 66%min becomes tight in domestic spot market, and it is said that the stocks almost depleted in Xiamen port for Australian zircon sand 66%min. The price remains at RMB9,700-9,800/t for Australian zircon sand 66%min in domestic spot market late April.
However, the price of imported zircon sand 65%min decreases slightly in domestic market with the price dropping to RMB8,500-8,700/t delivered from RMB8,700-8,900/t in domestic spot market influenced by the sluggish zirconium oxychloride market.
Ceramic demand for zirconium silicate turns warm slightly, while zirconium silicate market is still in fierce price competition with the price dropping to RMB10,000-10,500/t from RMB10,500-11,000/t for zirconium silicate 64.5%min in domestic market.
Zirconium oxychloride market remains stagnant with the mainstream price of RMB10,000/t for zirconium oxychloride 36%min in spot market. However, some producers sell at as low as RMB9,700-9,800/t for the material late April considering the declined zircon sand price.
. Participants think that there two reasons for the demand increase . On one side, most consumers worry that zircon sand suppliers raise price, so that they would like to replenish stocks in advance . On the other hand, consumers replenish stocks according to the normal demand from downstream market.The supply of Australian zircon sand 66%min becomes tight in domestic spot market, and it is said that the stocks almost depleted in Xiamen port for Australian zircon sand 66%min. The price remains at RMB9,700-9,800/t for Australian zircon sand 66%min in domestic spot market late April.
However, the price of imported zircon sand 65%min decreases slightly in domestic market with the price dropping to RMB8,500-8,700/t delivered from RMB8,700-8,900/t in domestic spot market influenced by the sluggish zirconium oxychloride market.
Ceramic demand for zirconium silicate turns warm slightly, while zirconium silicate market is still in fierce price competition with the price dropping to RMB10,000-10,500/t from RMB10,500-11,000/t for zirconium silicate 64.5%min in domestic market.
Zirconium oxychloride market remains stagnant with the mainstream price of RMB10,000/t for zirconium oxychloride 36%min in spot market. However, some producers sell at as low as RMB9,700-9,800/t for the material late April considering the declined zircon sand price.