Prices - July- August 2018

• Autores: Davide Ghilotti, Martim Facada, William Clarke, Michael Greenfield, Carrie Shi
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 604, 2018 (Ejemplar dedicado a: Septiembre)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • Industrial Minerals analyses the latest pricing trends across various markets and world regions.Magnesia China’s high-grade magnesia export prices fall on sporadic buying Carrie Shi Several Chinese magnesia prices trended lower at the end of July on soft demand and quiet buying activity, as high-grade magnesia in particular saw price declines from several-month highs. Stronger coking coal and energy prices, along with higher rates in the European Union’s Emissions Trading Scheme (ETS), have squeezed profit margins for the region’s soda ash producers. Historically, a generally accepted set of premiums was used to distinguish the UG2 met chrome ore price from the chemical grade and the foundry grade price. [...]2016, these three markets were strongly connected in price terms - chemical grade was priced around $20-30 higher than UG2 and foundry grade some $20-40 higher than the chemical grade price. China formerly extracted its own foundry grade from metallurgical grade material, for example, so it was not particularly active in sourcing directly from South Africa. Because local processors have been using material that is unsuitable for foundry grade extraction, Chinese users were forced to import foundry sand material from South Africa, bolstering demand further.