Zirconium Market Report June 2013
2013-07-22 09:29:41 【Print】
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Zircon sand market calms down after overseas suppliers raise offers with a few deals concluded in June.
Only a few of deals are concluded at USD1,300-1,350/t CIF for Australian zircon sand 66%min and the price also increases to USD1,250-1,300/t CIF for South African zircon sand 66%min but most domestic consumers decline to accept the new offers. In view of the whole slow economic situation around the country, participants take a pessimistic attitude to the market and think the price might decrease further instead of increase.
Despite of the increased offer for zircon sand, zirconium silicate market doesn’t show any increase but drop slightly with the price dropping to RMB10,000-10,500/t for zirconium silicate 64.5%min from RMB10,500-11,000/t. Zirconium silicate market becomes slow.
Zirconium oxychloride market is still in gloomy situation. For most producders, the key problem is how to survive in such bad market situation instead of making profit. Some small producers stop production both influenced by the environmental policy from government and stagnant economic situation. Most producers are operating at full capacity as they would rather sell at a lower price than reduce production or stop production, which production cost would increase greatly. The mainstream price is RMB9,500-10,000/t for zirconium oxychloride 36%min this month, while some producers are selling at as low as RMB9,200-9,300/t for the material.
Only a few of deals are concluded at USD1,300-1,350/t CIF for Australian zircon sand 66%min and the price also increases to USD1,250-1,300/t CIF for South African zircon sand 66%min but most domestic consumers decline to accept the new offers. In view of the whole slow economic situation around the country, participants take a pessimistic attitude to the market and think the price might decrease further instead of increase.
Despite of the increased offer for zircon sand, zirconium silicate market doesn’t show any increase but drop slightly with the price dropping to RMB10,000-10,500/t for zirconium silicate 64.5%min from RMB10,500-11,000/t. Zirconium silicate market becomes slow.
Zirconium oxychloride market is still in gloomy situation. For most producders, the key problem is how to survive in such bad market situation instead of making profit. Some small producers stop production both influenced by the environmental policy from government and stagnant economic situation. Most producers are operating at full capacity as they would rather sell at a lower price than reduce production or stop production, which production cost would increase greatly. The mainstream price is RMB9,500-10,000/t for zirconium oxychloride 36%min this month, while some producers are selling at as low as RMB9,200-9,300/t for the material.
