Zircon, TiO2, fused zirconia
Market prices for zircon are expected to increase on bullish market fundamentals, market sources told IM, emphasising that there may be no end in sight.
Supply has tightened primarily because demand from China has increased. Also, China has clamped down on poor practise in zircon processing plants, which has tightened the market further.
Instances of smuggling are still widespread, according to market sources. One trader said that the trade ban between Vietnam and China has been largely ignored.
Tighter supply could be one of the reasons Cristal Global is increasing prices on all of its rutile and titanium dioxide (TiO2) products sold in Europe, the Middle East, Africa, Latin America and the Asia Pacific sub regions.
The price increases, which will come into effect on 1 July, affect all of the companys anatase and rutile Tiona products...