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Beginning in 2020, Fastmarkets will review its pricing methodologies and price specifications across all its Price Reporting Agency (PRA) divisions - Metals & Mining and Forest Products - on an annual basis rather than twice per year.
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Fastmarkets proposes to launch a new barite price: barite, SG 3.8, unground lump, bulk, ex-mine Mexico, $/tonne
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Certain Fastmarkets prices will be rolled over between December 25 and January 1 in observance of the Christmas and New Year holidays.
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Indian exporters are offering even lower prices for barite to be shipped to the United States and the Middle East.
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Refractory brown fused alumina prices fall in China, WFA stable; Global antimony trioxide market strengthens upon higher antimony metal price; Indian barite exports further undercut Chinese prices; Battery-grade lithium carbonate prices soften in China; other global prices unchanged; Strong dollar weighs on Indian soda ash list prices
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IM's monthly price movements.
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With stocks depleted, and environmental regulations preventing increased production, Chinese exporters are losing competitiveness.
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IM's monthly price movements.
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European silicon carbide quiet while Chinese market takes break; Indian barytes exporters consolidate dominance in Middle East; antimony trioxide prices mostly steady during Lunar New Year holiday; iodine spot market activity slows, prices adjust; proposal to amend, discontinue refractory clay prices; proposal to discontinue caustic soda prices.
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Indian barytes are now cheaper than Chinese material in the Persian Gulf, buyers and sellers report.
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IM's monthly price movements.
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Industrial Minerals will be closed from December 25 until January 1 in observance of the Christmas and New Year holidays.
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IM's monthly price movements.
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The state government is tightening its controls of nonmetallic mining resources to tackle the problem of overcapacity.
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With China shut for the golden week holiday between 1-8 October, business across many industrial minerals remained very quiet. But environmental restrictions in the country continue to disrupt production in many minerals.
Graphite prices in Europe spike amid output crimp and rising demand; Fused alumina producing region in Henan province have enforced mass shutdowns from November onwards; and with the draconian anti-pollution measures and related shutdowns showing no sign of abating, a number of buyers are also anticipating higher raw material costs in 2018.
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Industrial Minerals has delisted a number of barytes prices and changed the specifications and assessment frequency of its remaining grades.
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Industrial Minerals has delisted a number of bentonite prices and changed the assessment frequency of its remaining grade.
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IM's monthly price movements.
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The Indian state-owned baryte producer will change its existing tender system and will review prices every six month, based on the input of external consultants.
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Graphite prices rise again; magnesia up as environmental back on Lioaning; iodine increases; antimony trioxide stays unchanged in midsummer; Industrial Minerals proposes to delist barytes and bentonite grades; fluorspar drops; ICL and APC conclude potash supply contracts with India.
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Industrial Minerals proposes to revise the specifications and pricing frequency of four barytes prices and also proposes to delist 13 other grades by the end of September.
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Several refractory minerals suppliers alleged to have committed tax evasion have reportedly been arrested in China, with many wary of Beijing’s clampdown on the practice warning that there could be more prosecutions.
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IM's monthly price movements.
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Large Chinese producers are already struggling with thin profit margins, and cannot continue to undercut India should prices fall.
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Producers report increased shipments, even before a tender process which they hope will give them access to cheaper supplies
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A severe supply shortage has lifted fused magnesia prices outside of China; Chinese flake graphite grades post uptick; spot chromite prices fall on lack of Chinese buying; baryte holds unchanged despite heavy rain storm temporarily hitting production in China; antimony trioxide prices under pressure; Chinese producers raise rare earth prices again; ilmenite trading activity slumps leading some to speculate that it could be an end to the rise in prices.
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Baryte production in parts of Guizhou province was temporary halted by heavy rain storm and landslides last week. Despite the disruption, operations have resumed this week and deliveries were largely unaffected.
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Ilmenite price ranges widened on buyer-reluctance, as rutile remained unchanged; chromite price stable; silicon carbide spreads tighten; APMDC gear up for baryte tender; fluorspar producers outside China plan price increase; India soda ash prices rise amid shipping delay; antimony trioxide prices soften
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IM's monthly price movements.
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Strict anti-pollution controls in China continue to impact bauxite production, lifting prices; while rising raw material costs support white fused alumina; rutile prices registered small gain, ilmenite holds firm; andalusite supply in 2017 to fall; barytes fell amid global oversupply; aluminium trifluoride value spike on higher fluorspar prices
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Despite increased drilling activities, oilfield mineral baryte demand remains weak amid global oversupply. Many market participants are expecting trading activities in the Middle East to slow down in June due to Ramadan and Eid festival.
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Industrial minerals prices were unchanged this week during the Chinese New Year holiday where the country is shut. The graphite market in Europe remained largely stable despite the scrapping of Chinese export duties from January.
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The publication of Industrial Minerals’ price assessments will be affected by the Christmas holidays.
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Antimony Trioxide prices spiked over the past two months as the Chinese government further restrict export quota, while chromite price held firm amid strong demand and crimped mined output. Similarly in ilmenite, supply demand fundamental has lifted the TiO2 feedstock prices. Meanwhile, unfavourable exchange rate movements pulled Chinese lithium spot prices lower and increased Chinese supply put pressure on brown fused alumina.
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Future of European markets uncertain as UK votes to leave the EU; fluorspar prices experience further drops; chromite market stabilises; oil price holds barite steady.
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Chinese rare earths prices rise in April; MTI Chromite sand mine to close
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Soda ash prices jump 30% as supply tightens; price rally for titanium dioxide, with Chinese prices seeing their biggest jump yet; bauxite producers turn to profitable non-met grades.
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Barite prices expected to fall further as fluorspar and graphite face negative revisions. Meanwhile, lithium prices continue to rise in China.
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India could revise down barite prices in wake of oilfield decline; iodine sinks further in Q3 but SQM remains positive about lithium.
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The contracts awarded in the last auction held in May this year are set to expire on 30 November and APMDC is currently considering the terms of a fresh tender, which is expected to offer rights to mine and sell barite on a FOB India basis for a period of 12 months.
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Barite and potash prices at risk of decline; zircon prices fall but bromine climbs.
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Barite and fluorspar prices soften further while rare earths hold steady.
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CIF Gulf and FOB China prices decline as low oil price erodes drilling muds market.
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Positive barite, bromine, soda ash prices stand out; refractory minerals continue to head south; TiO2 feedstocks face gloomy second half of 2015.
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Revising down of bid prices by APMDC did little to provoke demand for Indian barite material as consumers manage to secure supplies from elsewhere.
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Indian barite producers lose market share; bromine looks up while TiO2 causes confusion.
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Chemical barite prices sidestep weakness in drilling grades; lithium prices set to rise; TiO2 market expected to weaken in H2.
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Price ranges for Chinese material narrow upwards as suppliers resist calls for concessions.
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India cuts barite tender price; Chinese tax hurts rare earths and lithium gets a boost from short supply.
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Producer increases may lift bromine prices; oilfield mineral prices flat as oil tumult persists; fused alumina prices edge up as Chinese competition dips.
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