Latest contracts reduce Rotterdam acidspar price to lowest in a year
By Michael Greenfield, Michael Greenfield
Published: Friday, 29 November 2019
A standoff over acidspar prices between producers and consumers has been ended by two contracts settled on a cif Rotterdam basis that have pushed the price to its lowest for more than a year.
The deadlock in the fluorspar market was broken when two
contracts were settled that weighed down the cif Rotterdam
price, bringing it to $437.50 per tonne at the midpoint - the
lowest price in more than a year.
There have been several months of standoff between buyers
and sellers over...