Zirconium Market Report October 2014

With the end of the year approaching, market participants are more pessimistic about the future market.Asian Metal Copyright Due to lack of raw materials and poor downstream demand, most Hainan-based zircon sand producers have been out of production.Asian Metal Copyright Due to lack of raw materials and poor downstream demand, most Hainan-based zircon sand producers have been out of production.Asian Metal Copyright As for zirconium oxychloride market, producers remained reporting stable and firm quotations while some major suppliers lifted their offers by about RMB200t RMB32.Asian Metal Copyright The price of zircon sand 65%min remained unchanged through October.Asian Metal Copyright Zirconium silicate producers were faced with severe financial pressures as well, so most deals were based on cash payment term.Asian Metal Copyright However, some Austrian zircon sand traders pushed price down a little to alleviate cash pressures.Asian Metal CopyrightWith the end of the year approaching, market participants are more pessimistic about the future market.Asian Metal Copyright Zirconium silicate producers were faced with severe financial pressures as well, so most deals were based on cash payment term.Asian Metal CopyrightWith the end of the year approaching, market participants are more pessimistic about the future market.Asian Metal Copyright Therefore, the deal prices of zirconium silicate saw a slight decline due to the cash settlement. As for zirconium oxychloride market, producers remained reporting stable and firm quotations while some major suppliers lifted their offers by about RMB200/t (RMB32.57/t) with no big movements on deal prices.Asian Metal Copyright Therefore, the deal prices of zirconium silicate saw a slight decline due to the cash settlement.Asian Metal Copyright