PRICING NOTICE: Proposal to discontinue zircon grade, launch new price

By Cameron Perks
Published: Wednesday, 07 March 2018

Industrial Minerals proposes to discontinue its price assessment for one grade of zircon and launch a new price for zircon, premium grade minimum 66.5% ZrO2, cif Spain

Industrial Minerals proposes to discontinue the following zircon grade after assessing that FOB terms are no longer representative of global market contracts.

·   Zircon premium grade min 66.5% ZrO2 bulk FOB AustraliaUS $ per tonne

To consistently provide the market with the most relevant data, Industrial Minerals will continue to assess prices for the following grades:

·         Zircon, premium grade, min 66.5% ZrO2, bulk, CIF China, $/tonne

·         Zircon, standard grade, min 65.5% ZrO2, CIF China, $/tonne

Since Europe represents a large market in terms of zircon consumption outside of China, Industrial Minerals proposes to launch the following price assessment:

·         Zircon, premium grade, min 66.5% ZrO2, CIF Spain, $/tonne

The consultation period for this proposed discontinuation and new price assessment launch will end six weeks from the date of this pricing notice, on April 18. Changes will take place from April 18, subject to market feedback.

To provide feedback or if you would like to provide price information by becoming a data submitter, please contact Cameron Perks by email at: pricing@indmin.com. Please add the subject heading FAO: Cameron Perks, re: Zircon.

To see all Industrial Minerals pricing methodology and specification documents, go to: www.indmin.com/Methodology.



More like this