Zirconium Market Report October 2014
2014-12-10 18:01:16 【Print】
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With the end of the year approaching, market participants are more pessimistic about the future market
. Due to lack of raw materials and poor downstream demand, most Hainan-based zircon sand producers have been out of production . The price of zircon sand 65%min remained unchanged through October . However, some Austrian zircon sand traders pushed price down a little to alleviate cash pressures . Zirconium silicate producers were faced with severe financial pressures as well, so most deals were based on cash payment term . 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 .