Australian zircon sand prices in China inch up
2023-03-20 07:42:55 [Print]
BEIJING (Asian Metal) 20 Mar 23 - Upon the increased import cost, the current mainstream prices of Australian zircon sand 66%min in China edged up by RMB300/t (USD43/t) to RMB17,000-17,500/t (USD2,472-2,545/t) from early last week. Insiders predict the mainstream prices of Australian zircon sand 66%min in China would keep stable next week upon the firm offers but sluggish demand.
A consumer in Henan disclosed that he bought 120t of Iluka Australian zircon sand 66%min at RMB17,600/t (USD2,560/t) delivered D/A 180 days last Friday, while the supplier could accept at low as RMB17,300/t (USD2,516/t) early last week. "As Iluka claimed to raise export prices to China by USD50/t this week for Q2 against Q1, the supplier increased prices according," revealed the consumer last Friday. He also mentioned that his consumption only accounts for about half of his regular level in March dragged by the gloomy demand of his ending products, and he predicts the mainstream prices of Australian zircon sand 66%min in China would hardly to go up further and keep stable next week.
With an annual consumption capacity of 5,000t of Australian-origin zircon sand 66%min, the consumer expects to consume about 200t in March, unchanged from last month, keeping around 100t in stock.
Another consumer in Hubei disclosed that he purchased 60t of Tronox Australian zircon sand 66%min at RMB17,200/t (USD2,501/t) delivered D/A 180 days covered the freight of RMB100/t (USD14) last Friday, while the supplier gave him as low as RMB17,000/t (USD2,472/t) early last week. "Even though Tronox didn't raise offers for Q2 against Q1, his suppliers marked prices up upon other international supplier's prices increase," revealed the consumer last Friday. He added that their consumption remains obviously less than regular level, and he foresees the mainstream prices of Tronox Australian zircon sand 66%min in China would keep firm next week.
With an annual consumption capacity of 2,400t of Australian-origin zircon sand 66%min, the consumer predicts to consume about 100t this month, in line with last month, keeping around 100t in stock.
A consumer in Henan disclosed that he bought 120t of Iluka Australian zircon sand 66%min at RMB17,600/t (USD2,560/t) delivered D/A 180 days last Friday, while the supplier could accept at low as RMB17,300/t (USD2,516/t) early last week. "As Iluka claimed to raise export prices to China by USD50/t this week for Q2 against Q1, the supplier increased prices according," revealed the consumer last Friday. He also mentioned that his consumption only accounts for about half of his regular level in March dragged by the gloomy demand of his ending products, and he predicts the mainstream prices of Australian zircon sand 66%min in China would hardly to go up further and keep stable next week.
With an annual consumption capacity of 5,000t of Australian-origin zircon sand 66%min, the consumer expects to consume about 200t in March, unchanged from last month, keeping around 100t in stock.
Another consumer in Hubei disclosed that he purchased 60t of Tronox Australian zircon sand 66%min at RMB17,200/t (USD2,501/t) delivered D/A 180 days covered the freight of RMB100/t (USD14) last Friday, while the supplier gave him as low as RMB17,000/t (USD2,472/t) early last week. "Even though Tronox didn't raise offers for Q2 against Q1, his suppliers marked prices up upon other international supplier's prices increase," revealed the consumer last Friday. He added that their consumption remains obviously less than regular level, and he foresees the mainstream prices of Tronox Australian zircon sand 66%min in China would keep firm next week.
With an annual consumption capacity of 2,400t of Australian-origin zircon sand 66%min, the consumer predicts to consume about 100t this month, in line with last month, keeping around 100t in stock.
