Iluka forecasts weak zircon sales, prices
Published: Wednesday, 21 August 2019
Trade headwinds created by trade wars and Chinese environmental controls are threatening the demand for zircon from the ceramic industry, according to major producer Iluka.
Iluka Resources, the world’s biggest producer
of zircon, has downgraded its sales forecasts in the wake of
international economic headwinds.
Although zircon prices remained high at the latest
assessment in mid-August, the company reported sales volumes
for the six months to June 31 at only 133,000 tonnes, down