Resumen de IM Prices April 2017
Industrial Minerals
According to China custom data, the soda ash export volume from China plunged to 87,066 tonnes in January, a drop of 41% compared with 147,052 tonnes in December 2016. TiO2 Titanium dioxide prices continue to trend upwards Kasia Patel Supply tightness, higher raw materials costs and increasing demand for the mineral as a result of higher end market activity were continuing to push up prices for titanium dioxide (TiO2 ) in March. According to one Chinese supplier, the average FOB price for TiO2 exported from China is likely to increase to $2,800/tonne. "The coatings industry in Asia is currently experiencing a dramatic tightening of commodity supply, stemming from increased environmental regulations and controls, supplier capacity constraints, and regional availability of feedstocks," Tim Knavish, PPG senior vice president, automotive OEM coatings, said in a statement. China Northern Rare Earth Hi-Tech raises prices Unit: RMB/tonne, ex-works, VAT included Rare earths mining quota In other news China's government has kept rare earths and tungsten production quotas unchanged in 2017, however 100% of the quota has been allocated to the biggest six mining companies in the country, according to the first round of controls announced on 16 March. According to local authorities, five large settling ponds, one large generator, 10 pumps, three sheds and several pipes, faucets and conveyor belts were destroyed in three hours.
