Zirconium Market Report November 2013

Zircon sand market kept showing weak trend in November with soft demand and slumping prices as downstream clients held high stocks in hand. Transaction prices of Australian zircon sand 66%min slipped down from USD1,250-1,290/t to USD1,180-1,200/t this month, but trading volume was still small.Asian Metal Copyright5%min stayed at RMB9,500-10,000t USD1,552-1,634t.Asian Metal Copyright Insiders pessimistically expected that prices in the market will decline further.

Zirconium silicate market remained weak. Worrying about prices keeping reducing in line with lower prices of zircon sand, producers sold the material aggressively, so fierce competition depressed market prices.Asian Metal Copyright Quotations of zirconium oxychloride 36%min were at RMB8,700-9,000t USD1,422-1,471t.Asian Metal Copyright Mainstream prices of zirconium silicate 64.5%min stayed at RMB9,500-10,000/t (USD1,552-1,634/t).

Zirconium oxychloride market kept soft with no sign of demand recovery, and prices kept in low level due to lower figures of zircon sand. Quotations of zirconium oxychloride 36%min were at RMB8,700-9,000/t (USD1,422-1,471/t).